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Lynn 01905
18 Shady Lane
$265,000
● House - Off Market

18 Shady Lane

Lynn, MA 01905
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,012 Ft²
$495,030
RealtyHop Estimate
84.03%
Since Oct 1, 2004
MA-Boston
Primary Model

About This Property

Two bedroom immaculate ranch, eat in kitchen with oak cabinets, fireplaced living room, hardwood floors, deck and pool.  Open House Sunday July 18th 2:15 - 3:30
Unit Size
1,012 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$266
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70061582)

Price History

Date / Event Date Event Price
Sep 24, 2004 Sold
Premium
Sold
Jul 12, 2004 Listed by Carlson GMAC Real Estate $269,000
Listed by Carlson GMAC Real Estate
Nov 5, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • 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: 1,012
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,012
  • Gross Building Area: 2,508
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH A COMEAU & GEORGE H RUS
  • Land Acres: 0000000149
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:024 B:384 L:038
  • Block: 384
  • Lot: 38
  • Municipality: LYNN
  • Latitude: 42.4746
  • Longitude: -70.9851

    Address

  • Full Address: 18 Shady Ln
  • Address - House Number: 18
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1030
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,800

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 567,812
  • High Value: 664,936
  • Low Value: 470,688

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $475,600
  • Assessed Land Value: $207,600
  • Assessed Improvements Value: $268,000

    Sales

  • Current Sale Recording Date: Sep 24, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 05, 1992
  • Previous Sale Amount: $105,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2536 ft²

Average Home Age

96.5 years

Currently For Sale

163 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: 5 months ago
Data Source: MLS PIN, MLS# 70061582

Frequently Asked Questions

When was property at 18 Shady Lane built and last sold?
The property at 18 Shady Lane was built in 1950 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 18 Shady Lane is $276,889.
What are some comparable homes to 18 Shady Lane?
There are currently no comparable homes to 18 Shady Lane.
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