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Lynn 01902
16 Fearless Ave
$200,000
● House - Off Market

16 Fearless Ave

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,199 Ft²
$409,863
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Colonial, with many new updates including: Kitchen 2012, Windows 2005, Bathroom 2013, Plumbing 2013, Furnace 2013,  Water Heater 2014, Vinyl siding 2012. This house offers 4 bedrooms,  eat-in Kitchen with tile flooring, S.S Electric stove, pantry area, and lovely cabinets, Hardwood floors throughout  First floor master bedroom. with new bathroom. Two car tandem paved driveway. Not a drive-by.
Unit Size
1,199 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$188
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #71718287)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Coldwell Banker Residential Brokerage - Lynnfield $399,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Dec 23, 2014 Sold
Premium
Sold
Jul 23, 2014 Listed by Coldwell Banker Residential Brokerage - Lynnfield $224,999
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Mar 15, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 732
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,322
  • Total Building Area: 1,199
  • Gross Building Area: 2,135
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000053
  • 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: 206600

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:094 B:541 L:009
  • Block: 541
  • Lot: 9
  • Municipality: LYNN
  • Latitude: 42.4668
  • Longitude: -70.929

    Address

  • Full Address: 16 Fearless Ave
  • Address - House Number: 16
  • Address - Street Name: Fearless
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 1916
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $496,100

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 490,633
  • High Value: 607,932
  • Low Value: 373,334

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,100
  • Assessed Land Value: $168,900
  • Assessed Improvements Value: $302,200

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210922004110
  • Previous Sale Recording Date: Dec 23, 2014
  • Previous Sale Amount: $200,000
  • 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:

$596,450

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2491 ft²

Average Home Age

97.8 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 71718287

Frequently Asked Questions

When was property at 16 Fearless Avenue built and last sold?
The property at 16 Fearless Avenue was built in 1920 and last sold on Sep 22, 2021 for $430,000.
How much is this home worth?
The estimated value of the home located at 16 Fearless Avenue is $394,647.
What are some comparable homes to 16 Fearless Avenue?
There are currently no comparable homes to 16 Fearless Avenue.
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