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Lynn 01904
16 Sutcliffe Road
$460,000
● House - Off Market

16 Sutcliffe Road

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,006 Ft²
$464,201
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to 16 Sutcliffe Road . Ward One location ! Charming 2 bedroom Ranch in excellent condition. Spacious living room opens to formal dining room with built in china cabinet. Two generous bedrooms and an updated full bath. Kitchen has white cabinets and stainless appliances. Sun room is all glassed with ceiling fan and newer carpet. Front entry new with all composite decking for low maintenance.Hardwood floors throughout.  Walk up attic fully insulated by Mass Save . Full basement with high ceilings allows for adding more living space.One car garage and newer heating system .  Great size back yard for entertaining. Perfect location with easy access to highways, Lynn Woods, beaches, schools, medical facilities and shopping..
Unit Size
1,006 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$437
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1928

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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 #73023525)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Aug 10, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $439,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 17, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $389,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Dec 13, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 786
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,966
  • Total Building Area: 1,006
  • Gross Building Area: 2,174
  • Building Area: 1,006
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,006
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:071 L:019
  • Block: 71
  • Lot: 19
  • Municipality: LYNN
  • Latitude: 42.4955
  • Longitude: -70.9697

    Address

  • Full Address: 16 Sutcliffe Rd
  • Address - House Number: 16
  • Address - Street Name: Sutcliffe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1713
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $479,100

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 518,405
  • High Value: 614,022
  • Low Value: 422,788

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,000
  • Assessed Land Value: $204,700
  • Assessed Improvements Value: $250,300

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220927002050
  • Previous Sale Recording Date: Jun 17, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73023525

Frequently Asked Questions

When was property at 16 Sutcliffe Road built and last sold?
The property at 16 Sutcliffe Road was built in 1928 and last sold on Sep 27, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 16 Sutcliffe Road is $439,811.
What are some comparable homes to 16 Sutcliffe Road?
There are currently no comparable homes to 16 Sutcliffe Road.
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