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Lynn 01904
18 Janice Road
$410,000
● House - Off Market

18 Janice Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$570,726
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

PRICED TO SELL!! WELCOME TO 18 JANICE ROAD! This THREE BEDROOM ~ 2.5 BATH ~ RANCH STYLE HOME sits on a DEAD END STREET  in desirable WARD 1. This home has been lovingly cared for by just one owner. The living room with fire place takes in lots of natural light and seamlessly flows to the dining room. The open kitchen has a door that leads to the PRIVATE BACK YARD. All rooms upstairs, except the kitchen, have HARD WOOD FLOORING.  The lower level boasts a NICELY FINISHED FAMILY ROOM WITH TILE FLOOR AND BATH. Two car garage, vinyl siding and gas heat. Super location, lots of living space, and priced to sell! This home is just waiting for your special touches.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$333
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1959

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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 #72601533)

Price History

Date / Event Date Event Price
Jan 23, 2020 Sold
Premium
Sold
Dec 18, 2019 Listed by William Raveis R.E. & Home Services $399,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • 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: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,200
  • Gross Building Area: 2,416
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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:079 B:058 L:021
  • Block: 58
  • Lot: 21
  • Municipality: LYNN
  • Latitude: 42.5052
  • Longitude: -70.9771

    Address

  • Full Address: 18 Janice Rd
  • Address - House Number: 18
  • Address - Street Name: Janice
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C027
  • 4-Digit Zip Code: 1313
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,500

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 596,384
  • High Value: 702,911
  • Low Value: 489,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,900
  • Assessed Land Value: $206,000
  • Assessed Improvements Value: $333,900

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Jan 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200123002960
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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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# 72601533

Frequently Asked Questions

When was property at 18 Janice Road built and last sold?
The property at 18 Janice Road was built in 1959 and last sold on Jan 22, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 18 Janice Road is $408,692.
What are some comparable homes to 18 Janice Road?
There are currently no comparable homes to 18 Janice Road.
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