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Lynn 01905
2 Dearborn Ave
Photo of 2 Dearborn Ave
Sold on Sep 30, 2006

1

Map

$249,873
● House - Off Market

2 Dearborn Ave

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,398 Ft²
$455,252
RealtyHop Estimate
82.19%
Since Oct 1, 2006
MA-Boston
Primary Model

About This Property

Spacius 3 bed single family near saugus line. Hardwood floor throghtout, eat in kitchen with title work. Enclosed wrap around porch. Move in condition. Call for details.sliding door leading from kitchen to the deck makes the home more attractive.Truly A must See!!!!!!!!Priced to sell!!!!
Unit Size
1,398 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$179
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70422054)

Price History

Date / Event Date Event Price
Jul 30, 2010 Sold
Premium
Sold
Jan 11, 2010 Listed $129,900
Listed
Sep 28, 2006 Sold
Premium
Sold
Jul 12, 2006 Listed $249,873
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 865
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,557
  • Total Building Area: 1,398
  • Gross Building Area: 2,705
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR POND VILLAGE CONDO
  • Land Acres: 0000000059
  • 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: 205700

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:020 B:308 L:001
  • Block: 308
  • Lot: 1
  • Municipality: LYNN
  • Latitude: 42.4588
  • Longitude: -70.9774

    Address

  • Full Address: 2 Dearborn Ave
  • Address - House Number: 2
  • Address - Street Name: Dearborn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1904
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,500

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 526,785
  • High Value: 627,344
  • Low Value: 426,227

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,200
  • Assessed Land Value: $173,000
  • Assessed Improvements Value: $266,200

    Sales

  • Current Sale Recording Date: Jul 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Amount: $249,873
  • 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:

$594,993

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2496 ft²

Average Home Age

97.5 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: 6 months ago
Data Source: MLS PIN, MLS# 70422054

Frequently Asked Questions

When was property at 2 Dearborn Avenue built and last sold?
The property at 2 Dearborn Avenue was built in 1910 and last sold on Jan 1, 1970 for $129,900.
How much is this home worth?
The estimated value of the home located at 2 Dearborn Avenue is $156,941.
What are some comparable homes to 2 Dearborn Avenue?
There are currently no comparable homes to 2 Dearborn Avenue.
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