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Lynn 01902
19 Briar Hill Dr
$590,000
● House - Off Market

19 Briar Hill Dr

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,944 Ft²
$595,455
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Lovingly maintained and updated 3 bedroom, 2.5 bathroom cape in a desirable Lynn neighborhood close to the Salem line! Enjoy a spacious and flexible floor plan with sunny rooms, hardwood floors, a kitchen with ample counter and cabinet space, an open concept dining area and family room with wood burning fireplace, and a first floor bedroom. Upstairs offers 2 large bedrooms and 1 full bathroom. Additional living space in the basement for potential in-law space or office, playroom, anything you need! Enjoy the large sunroom overlooking the flat backyard. Don't miss out!! Open houses Saturday 12:30 and Sunday 12:00pm. Offer deadline Monday 5:00pm
Unit Size
1,944 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$293
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1963

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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 #73014892)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Redfin Corp. $569,900
Listed by Redfin Corp.
Mar 19, 2020 Sold
Premium
Sold
Jan 29, 2020 Listed by Redfin Corp. $415,000
Listed by Redfin Corp.
Sep 6, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,344
  • Gross Building Area: 3,164
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:107 B:402 L:031
  • Block: 402
  • Lot: 31
  • Municipality: LYNN
  • Latitude: 42.4859
  • Longitude: -70.9341

    Address

  • Full Address: 19 Briar Hill Dr
  • Address - House Number: 19
  • Address - Street Name: Briar Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1007
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,400

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 603,635
  • High Value: 708,199
  • Low Value: 499,071

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $540,700
  • Assessed Land Value: $191,300
  • Assessed Improvements Value: $349,400

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 638976
  • Previous Sale Recording Date: Mar 19, 2020
  • Previous Sale Contract Date: Mar 11, 2020
  • Previous Sale Amount: $439,000
  • 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:

$592,493

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2441 ft²

Average Home Age

96 years

Currently For Sale

158 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: 5 months ago
Data Source: MLS PIN, MLS# 73014892

Frequently Asked Questions

When was property at 19 Briar Hill Drive built and last sold?
The property at 19 Briar Hill Drive was built in 1963 and last sold on Aug 31, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 19 Briar Hill Drive is $580,997.
What are some comparable homes to 19 Briar Hill Drive?
There are currently no comparable homes to 19 Briar Hill Drive.
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