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Lynn 01904
15 Chase Road
$341,400
● House - Off Market

15 Chase Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$593,990
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Charming Colonial Home in desirable Ward 1 area, near Flax Pond. Totally updated with beautiful period details, natural woodwork, hardwood floors and ceiling fans throughout. New kitchen with granite counters, updated bathrooms and front foyer with beautiful stained glass window. Separate master bedroom walk in closet leads to a walk up attic for plenty of extra storage. Private deck with jacuzzi is the perfect place to relax. Pool table in basement family room can be left as a gift.   FIRST SHOWINGS at OPEN HOUSE, SATURDAY, AUG.15 and SUNDAY, AUG.16 from 12:30PM to 2:00PM.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$230
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1910

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71888257)

Price History

Date / Event Date Event Price
Oct 29, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by EXIT Realty Beatrice Associates $339,900
Listed by EXIT Realty Beatrice Associates

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 755
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,817
  • Total Building Area: 1,480
  • Gross Building Area: 3,528
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000111
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:098 B:136 L:003
  • Block: 136
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4845
  • Longitude: -70.9461

    Address

  • Full Address: 15 Chase Rd
  • Address - House Number: 15
  • Address - Street Name: Chase
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2301
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 630,437
  • High Value: 734,587
  • Low Value: 526,287

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,200
  • Assessed Land Value: $192,800
  • Assessed Improvements Value: $386,400

    Sales

  • Current Sale Recording Date: Oct 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 566665
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn

Stats & Trends

Median Asking:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 years

Currently For Sale

156 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71888257

Frequently Asked Questions

When was property at 15 Chase Road built and last sold?
The property at 15 Chase Road was built in 1910 and last sold on Jan 1, 1970 for $341,400.
How much is this home worth?
The estimated value of the home located at 15 Chase Road is $356,020.
What are some comparable homes to 15 Chase Road?
There are currently no comparable homes to 15 Chase Road.
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