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Lynn 01904
16 Ann Lane
$254,000
● House - Off Market

16 Ann Lane

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,220 Ft²
$508,483
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Wonderful 3 bedroom 1 3/4 bath ranch situated on beautifully landscaped lot in one of Lynns most desirable neighborhoods!!! Main level offers Living room, large eat in kitchen, 3 generous size bedrooms, family room with woodstove and brand new full bath with ceramic tile floors and granite counters!! lower level is partially finished with 3/4 bath and den / bedroom!!! Home offers lots of natural wood work and hand crafted interior doors to add to the charm!!
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$229
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1957

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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 #71643157)

Price History

Date / Event Date Event Price
May 16, 2014 Sold
Premium
Sold
Mar 11, 2014 Listed by A. James Lynch, Inc. $279,900
Listed by A. James Lynch, Inc.
Oct 16, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,540
  • Total Building Area: 1,220
  • Gross Building Area: 2,372
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:061 B:024 L:020
  • Block: 24
  • Lot: 20
  • Municipality: LYNN
  • Latitude: 42.4963
  • Longitude: -70.9752

    Address

  • Full Address: 16 Ann Ln
  • Address - House Number: 16
  • Address - Street Name: Ann
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1402
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $519,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 581,508
  • High Value: 692,161
  • Low Value: 470,855

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,900
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $291,500

    Sales

  • Current Sale Recording Date: May 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51600292
  • Previous Sale Recording Date: Oct 16, 2013
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: O
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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71643157

Frequently Asked Questions

When was property at 16 Ann Lane built and last sold?
The property at 16 Ann Lane was built in 1957 and last sold on Jan 1, 1970 for $254,000.
How much is this home worth?
The estimated value of the home located at 16 Ann Lane is $290,702.
What are some comparable homes to 16 Ann Lane?
There are currently no comparable homes to 16 Ann Lane.
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