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Lynn 01904
19 Monte Rd
$420,000
● House - Off Market

19 Monte Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$481,755
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

Neat as a pin, super clean raised ranch on a dead-end street close to the Salem line and Buchanan Pond. Large living room, eat-in kitchen, and 3 bedrooms, or use those rooms as an office, larger dining space, or whatever your needs are. Wood floors in living room and bedrooms. Gas heat and hot water. Vinyl sided exterior. One car garage underneath opens up to basement with high ceiling and fireplace that certainly has the potential to be finished. This home is ready for new owners to make it their own. Offers due Monday, Oct 25 at 5pm, please allow 24 hours for a response.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$403
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #72910425)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Chinatti Realty Group, Inc. $429,900
Listed by Chinatti Realty Group, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,066
  • Gross Building Area: 2,295
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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:099 B:154 L:029
  • Block: 154
  • Lot: 29
  • Municipality: LYNN
  • Latitude: 42.4876
  • Longitude: -70.9399

    Address

  • Full Address: 19 Monte Rd
  • Address - House Number: 19
  • Address - Street Name: Monte
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C041
  • 4-Digit Zip Code: 2103
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,600

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 498,307
  • High Value: 590,217
  • Low Value: 406,397

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,900
  • Assessed Land Value: $200,600
  • Assessed Improvements Value: $246,300

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211201005090
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

2528 ft²

Average Home Age

96.4 years

Currently For Sale

162 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 years ago
Data Source: MLS PIN, MLS# 72910425

Frequently Asked Questions

When was property at 19 Monte Road built and last sold?
The property at 19 Monte Road was built in 1960 and last sold on Dec 1, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 19 Monte Road is $0.
What are some comparable homes to 19 Monte Road?
There are currently no comparable homes to 19 Monte Road.
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