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Lynn 01904
2 Sanger Ave
$337,000
● House - Off Market

2 Sanger Ave

Lynn, MA 01904
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,796 Ft²
$611,466
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Welcome Home! Location, Location! Spacious rooms, hardwood floors, fireplaced living room, updated windows, central air, 5 bedrooms, 2 1/2 baths with master bath and master bedroom on the first level. Basement has workout area, ready to finish! This home has so much to offer lots of character! Corner lot with beautiful side yard! Ready to move right in!
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$195
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1922

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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 #71891992)

Price History

Date / Event Date Event Price
Oct 23, 2015 Sold
Premium
Sold
Aug 19, 2015 Listed by Five Star Realty Group $349,900
Listed by Five Star Realty Group
Nov 9, 2012 Sold
Premium
Sold
Jan 30, 2012 Listed by Five Star Realty Group $269,000
Listed by Five Star Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,657
  • Total Building Area: 1,796
  • Gross Building Area: 3,299
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:062 B:016 L:007
  • Block: 16
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.5024
  • Longitude: -70.9812

    Address

  • Full Address: 2 Sanger Ave
  • Address - House Number: 2
  • Address - Street Name: Sanger
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1225
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,500

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 624,939
  • High Value: 736,566
  • Low Value: 513,312

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,400
  • Assessed Land Value: $190,600
  • Assessed Improvements Value: $338,800

    Sales

  • Current Sale Recording Date: Oct 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 214
  • Previous Sale Recording Date: Nov 09, 2012
  • Previous Sale Amount: $250,000
  • 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:

$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# 71891992

Frequently Asked Questions

When was property at 2 Sanger Avenue built and last sold?
The property at 2 Sanger Avenue was built in 1922 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 2 Sanger Avenue is $350,139.
What are some comparable homes to 2 Sanger Avenue?
There are currently no comparable homes to 2 Sanger Avenue.
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