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Lynn 01902
2 Bulfinch Terrace
Photo of 2 Bulfinch Terrace
Sold on Oct 31, 2005

1

Map

$254,500
● House - Off Market

2 Bulfinch Terrace

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,074 Ft²
$466,772
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

BUCHANAN BRIDGE AREA !!!  PRIVATE, FENCED, MULTI LEVEL BACK YARD IS PERFECT FOR ENTERTAINING !!! GREAT FOR THE KIDS & DOG TOO.  CUL DE SAC NEIGHBORHOOD IS QUIETLY LOCATED CLOSE TO FLOATING BRIDGE POND. THIS LOVELY HOME FEATURES 2 BEDROOMS THE SMALLER COULD BE USED AS A COMPUTER RM / OFFICE.  H/W FLOOR UNDER W/W CARPETS. GREAT DEN OFF THE KITCHEN HAS LOTS OF SUN DURING THE DAY. BRAND NEW ROOF AND VINYL SIDING. H/W HEATER IS BRAND NEW!!!  PART. FINISHED RM & XTRA STORAGE RM IN BASE. STORAGE SHED.
Unit Size
1,074 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$247
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1920

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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 #70211397)

Price History

Date / Event Date Event Price
Nov 2, 2005 Sold
Premium
Sold
Jun 17, 2005 Listed $264,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,948
  • Total Building Area: 1,032
  • Gross Building Area: 2,066
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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:098 B:398 L:039
  • Block: 398
  • Lot: 39
  • Municipality: LYNN
  • Latitude: 42.4855
  • Longitude: -70.9367

    Address

  • Full Address: 2 Bulfinch Ter
  • Address - House Number: 2
  • Address - Street Name: Bulfinch
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1065
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,300

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 506,875
  • High Value: 586,938
  • Low Value: 426,812

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,000
  • Assessed Land Value: $196,300
  • Assessed Improvements Value: $242,700

    Sales

  • Current Sale Recording Date: Nov 02, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$589,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2478 ft²

Average Home Age

97.2 years

Currently For Sale

160 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# 70211397

Frequently Asked Questions

When was property at 2 Bulfinch Terrace built and last sold?
The property at 2 Bulfinch Terrace was built in 1920 and last sold on Jan 1, 1970 for $254,500.
How much is this home worth?
The estimated value of the home located at 2 Bulfinch Terrace is $273,962.
What are some comparable homes to 2 Bulfinch Terrace?
There are currently no comparable homes to 2 Bulfinch Terrace.
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