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Lynn 01905
20 Farrell Rd.
Photo of 20 Farrell Rd.
Sold on Dec 13, 2007

1

Map

$290,000
● House - Off Market

20 Farrell Rd.

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,906 Ft²
$659,439
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

THIS IS A GORGEOUS 3 BED/2 BATH RANCH WITH BRICK FRONT LOCATED ON SAUGUS LINE. THIS HOME IS SUITED WITH A ONE CAR ATTACHED GARAGE, WOOD FLOORING, 2 FIREPLACES, BEAUTIFUL FINISHED BASEMENT INCLUDING A BUILT IN BAR AND EQUIPPED WITH A FULL KITCHEN TO MAKE A POTENTIAL IN-LAW. GREAT FOR ENTERTAINING!!!  LANDSCAPING HAS BEEN METICULOUSLY MANICURED OVER THE YEARS. CALL FOR A SHOWING TODAY!
Unit Size
1,906 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$176
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #70586619)

Price History

Date / Event Date Event Price
Dec 13, 2007 Sold
Premium
Sold
May 29, 2007 Listed $334,900
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • 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: 1,264
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,264
  • Gross Building Area: 2,989
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLE-LYN MANOR SEC 02
  • Land Acres: 0000000116
  • 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: R2

Geography

  • Parcel: LYNN M:022 B:341 L:026
  • Block: 341
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.4675
  • Longitude: -70.9783

    Address

  • Full Address: 20 Farrell Rd
  • Address - House Number: 20
  • Address - Street Name: Farrell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1408
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $601,500

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 610,364
  • High Value: 722,142
  • Low Value: 498,587

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,200
  • Assessed Land Value: $199,300
  • Assessed Improvements Value: $371,900

    Sales

  • Current Sale Recording Date: Dec 13, 2007
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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# 70586619

Frequently Asked Questions

When was property at 20 Farrell Road built and last sold?
The property at 20 Farrell Road was built in 1954 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 20 Farrell Road is $355,584.
What are some comparable homes to 20 Farrell Road?
There are currently no comparable homes to 20 Farrell Road.
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