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Lynn 01904
175 Edgemere Rd
$475,000
● House - Off Market

175 Edgemere Rd

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,734 Ft²
$678,959
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

MOTIVATED SELLER!! Renovated 8 Room, 4 Bedroom, 2.5 Bath Classic New England Colonial In Much Sought After Fay Estates! Gourmet Eat-In Granite Kitchen With Gas Cooking and S.S. Appliances. Hardwood Floors, Freshly Painted and Recessed Lighting. Formal Dining Area and Oversized Living Room With Wood Burning Fireplace for Entertaining. 2nd Floor Has Four Generous Size Bedrooms With Plenty of Closet Space and Remodeled Full Bath. Central Air and Heat 2015, Brand New Gas H.W., and Newer Replacement Windows. Finished Basement With Family Room, 3/4 Bath With Laundry and Private Walk Out.  Pressure Treated Deck Overlooking Landscaped Yard With Coi Pond. Privacy Galore!
Unit Size
1,734 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$274
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1960

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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 #72583405)

Price History

Date / Event Date Event Price
Dec 17, 2019 Sold
Premium
Sold
Oct 22, 2019 Listed by Toner Real Estate, LLC $474,900
Listed by Toner Real Estate, LLC
Aug 22, 2008 Sold
Premium
Sold
Jan 12, 2008 Listed by Toner Real Estate, LLC $294,900
Listed by Toner Real Estate, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,825
  • Total Building Area: 1,734
  • Gross Building Area: 3,362
  • Building Area: 1,734
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,734
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KATHERINE LITTLE
  • Land Acres: 0000000157
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:100 B:142 L:039
  • Block: 142
  • Lot: 39
  • Municipality: LYNN
  • Latitude: 42.4918
  • Longitude: -70.9465

    Address

  • Full Address: 175 Edgemere Rd
  • Address - House Number: 175
  • Address - Street Name: Edgemere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C041
  • 4-Digit Zip Code: 2086
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,400

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 679,257
  • High Value: 787,163
  • Low Value: 571,351

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,300
  • Assessed Land Value: $193,300
  • Assessed Improvements Value: $412,000

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191217000630
  • Previous Sale Recording Date: Aug 22, 2008
  • Previous Sale Amount: $282,000
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72583405

Frequently Asked Questions

When was property at 175 Edgemere Road built and last sold?
The property at 175 Edgemere Road was built in 1960 and last sold on Dec 12, 2019 for $475,000.
How much is this home worth?
The estimated value of the home located at 175 Edgemere Road is $477,982.
What are some comparable homes to 175 Edgemere Road?
There are currently no comparable homes to 175 Edgemere Road.
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