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Lynn 01902
18 Westview Rd.
$232,000
● House - Off Market

18 Westview Rd.

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$518,318
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

A raised ranch located in the Buchannan Circle area featuring a large eat in kitchen with great cabinet and countertop space. Dining area includes a built in china cabinet. Hardwood floors throughout and newer windows. Spacious living room with fireplace. Home offers lots of natural light and a screened in porch off the kitchen that leads to a large patio. Central air, garage and a partially finished basement to satisfy any need: family room, bedroom, or home office. Make your appointment today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$208
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #71436853)

Price History

Date / Event Date Event Price
Dec 4, 2012 Sold
Premium
Sold
Sep 18, 2012 Listed by EXIT Realty Beatrice Associates $249,000
Listed by EXIT Realty Beatrice Associates
Feb 25, 2004 Sold
Premium
Sold
Nov 10, 2003 Listed by EXIT Realty Beatrice Associates $299,900
Listed by EXIT Realty Beatrice Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 792
  • 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: 2,604
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • 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
  • Subdivision: BUCHANAN PARK
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:108 B:396 L:016
  • Block: 396
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4889
  • Longitude: -70.9341

    Address

  • Full Address: 18 Westview Rd
  • Address - House Number: 18
  • Address - Street Name: Westview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1038
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $541,600

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 569,453
  • High Value: 674,014
  • Low Value: 464,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,300
  • Assessed Land Value: $187,700
  • Assessed Improvements Value: $326,600

    Sales

  • Current Sale Recording Date: Dec 04, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Feb 25, 2004
  • Previous Sale Amount: $290,000
  • 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

2464 ft²

Average Home Age

97.7 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71436853

Frequently Asked Questions

When was property at 18 Westview Road built and last sold?
The property at 18 Westview Road was built in 1957 and last sold on Jan 1, 1970 for $232,000.
How much is this home worth?
The estimated value of the home located at 18 Westview Road is $259,401.
What are some comparable homes to 18 Westview Road?
There are currently no comparable homes to 18 Westview Road.
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