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Lynn 01904
155 Western Avenue
$250,000
● House - Off Market

155 Western Avenue

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,729 Ft²
$476,925
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Well Maintained 2 Bedroom 1.5 Bathroom Ranch In Convenient Lynn Location! Eat In Kitchen Features Tiled Floors, Recessed Lights And Plenty of Cabinet/Counter Space. Sun Room Off Kitchen With Hardwood Floors and Access To The Garage. Bright, Spacious Living Room Boasts Gleaming Hardwood Floors, Crown Molding And Fireplace With Mantle. Enormous Master Bedroom With Hardwood Floors And French Doors Leading Out To Small Deck. Partially Finished Basement With Tons of Storage Lends Potential for An Office Or Additional Bedrooms. Home Complete With Central Air, 1 Car Attached Garage And Private Fenced In Yard. Conveniently Located Near Shops, Parks, Highway Access And So Much More! Schedule Your Showing Today!
Unit Size
1,729 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$145
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1954

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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: 6 months ago (MLSPIN #71599642)

Price History

Date / Event Date Event Price
Dec 11, 2013 Sold
Premium
Sold
Oct 22, 2013 Listed by McGeough Lamacchia Realty, Inc $250,000
Listed by McGeough Lamacchia Realty, Inc
May 14, 2010 Sold
Premium
Sold
Apr 1, 2010 Listed by McGeough Lamacchia Realty, Inc $230,000
Listed by McGeough Lamacchia Realty, Inc
Dec 7, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,369
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,023
  • Total Building Area: 1,369
  • Gross Building Area: 3,206
  • Building Area: 1,369
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,369
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:086 B:164 L:030
  • Block: 164
  • Lot: 30
  • Municipality: LYNN
  • Latitude: 42.4799
  • Longitude: -70.9468

    Address

  • Full Address: 155 Western Ave
  • Address - House Number: 155
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2761
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 641,796
  • High Value: 763,921
  • Low Value: 519,671

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,100
  • Assessed Land Value: $197,600
  • Assessed Improvements Value: $407,500

    Sales

  • Current Sale Recording Date: Dec 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 286
  • Previous Sale Recording Date: May 14, 2010
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 27
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:

$590,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2486 ft²

Average Home Age

97.4 years

Currently For Sale

157 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71599642

Frequently Asked Questions

When was property at 155 Western Avenue built and last sold?
The property at 155 Western Avenue was built in 1954 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 155 Western Avenue is $271,198.
What are some comparable homes to 155 Western Avenue?
There are currently no comparable homes to 155 Western Avenue.
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