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Lynn 01904
17 Spruce Rd
$245,000
● House - Off Market

17 Spruce Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$416,508
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

WELCOME TO PINE HILL!! FOUR SQUARE COLONIAL HOME! Very Spacious Layout. First Floor Offers-Living Room With Fireplace-Formal Dining Room-Eat In Kitchen-3/4 Tile Bath-Second Floor Has Three Spacious Bedrooms And A Full Bath. Hardwood Floors Thru-Out. Sunlit Rooms!  Front Porch-Back Deck For Summer Barbecues. Heat is Seven Years Old-Roof And Replacement Windows Are Six Years Old .Beautiful Original Built Cabinets  On The Second Floor. Just A Wonderful Home Waiting For A New Owner! HIGHEST & BEST BY TUES MAY 19TH 12:00 PM
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$182
Property Type
House
Property Taxes
$294
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: 4 months ago (MLSPIN #71837762)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by Connor Real Estate $449,000
Listed by Connor Real Estate
Aug 14, 2015 Sold
Premium
Sold
May 15, 2015 Listed by Connor Real Estate $239,900
Listed by Connor Real Estate
Jan 3, 2008 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

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: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 659
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,374
  • Total Building Area: 1,319
  • Gross Building Area: 2,579
  • Building Area: 1,319
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,319
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:219 L:007
  • Block: 219
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4719
  • Longitude: -70.9661

    Address

  • Full Address: 17 Spruce Rd
  • Address - House Number: 17
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 2835
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,700

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 529,367
  • High Value: 627,006
  • Low Value: 431,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,300
  • Assessed Land Value: $167,400
  • Assessed Improvements Value: $311,900

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211001005220
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $245,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71837762

Frequently Asked Questions

When was property at 17 Spruce Road built and last sold?
The property at 17 Spruce Road was built in 1920 and last sold on Oct 1, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 17 Spruce Road is $446,212.
What are some comparable homes to 17 Spruce Road?
There are currently no comparable homes to 17 Spruce Road.
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