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Lynn 01902
19 Lambert Avenue
$285,000
● House - Off Market

19 Lambert Avenue

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,100 Ft²
$524,088
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

In-law set up in lower level.  Fireplaced family room in basement.  Separate 2 car garage with loft.  1 bedroom currently used as laundry room.  Roof and windows are new.  Beautiful deck in back yard.  Over sized family room off dining room.  House has just been painted.  Parking for 4-5 cars.  Plenty of storage in garage and in basement.  A MUST SEE inside.  $1,000.00 bonus to selling agent after transfer
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$273
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1965

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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 #71854594)

Price History

Date / Event Date Event Price
Oct 22, 2015 Sold
Premium
Sold
Jun 10, 2015 Listed by Connor Real Estate $299,900
Listed by Connor Real Estate
Aug 7, 2009 Sold
Premium
Sold
Apr 9, 2009 Listed by Connor Real Estate $249,900
Listed by Connor Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,270
  • Total Building Area: 1,100
  • Gross Building Area: 2,452
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:096 B:464 L:051
  • Block: 464
  • Lot: 51
  • Municipality: LYNN
  • Latitude: 42.4783
  • Longitude: -70.9339

    Address

  • Full Address: 19 Lambert Ave
  • Address - House Number: 19
  • Address - Street Name: Lambert
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1624
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,300

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 547,875
  • High Value: 648,475
  • Low Value: 447,276

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,400
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $304,300

    Sales

  • Current Sale Recording Date: Oct 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 162
  • Previous Sale Recording Date: Aug 07, 2009
  • Previous Sale Amount: $220,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71854594

Frequently Asked Questions

When was property at 19 Lambert Avenue built and last sold?
The property at 19 Lambert Avenue was built in 1965 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 19 Lambert Avenue is $305,940.
What are some comparable homes to 19 Lambert Avenue?
There are currently no comparable homes to 19 Lambert Avenue.
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