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Lynn 01904
20 Lake View Pl
$385,000
● House - Off Market

20 Lake View Pl

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$489,772
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful views from your 50 feet of frontage on flax Pond, 5 plus room bungalow, All hardwood flooring recently refinished , amazing natural wood work, Dining room  has built in china cabinet , Living room features fireplace and sliders to large deck , 2 large bedrooms plus office or den , country kitchen has breakfast nook and hardwood flooring, room to grow with huge walk up attic, recent improvements windows, roof and chimney 2004, Heating system 2012, gas hot water 2018, oil tank 2018. Come put your finishing touches on this solid lake front home and enjoy breathtaking sunsets
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$320
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1931

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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 #72692574)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Toner Real Estate, LLC $379,900
Listed by Toner Real Estate, LLC
Jun 27, 2003 Sold
Premium
Sold

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,174
  • Total Building Area: 1,188
  • Gross Building Area: 3,793
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOTS LAKESIDE
  • Land Acres: 0000000119
  • 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: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:087 B:123 L:008
  • Block: 123
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4842
  • Longitude: -70.9534

    Address

  • Full Address: 20 Lake View Pl
  • Address - House Number: 20
  • Address - Street Name: Lake View
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2348
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $493,100

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 512,862
  • High Value: 636,558
  • Low Value: 389,165

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,300
  • Assessed Land Value: $253,200
  • Assessed Improvements Value: $215,100

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201005006820
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Amount: $250,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72692574

Frequently Asked Questions

When was property at 20 Lakeview Place built and last sold?
The property at 20 Lakeview Place was built in 1931 and last sold on Sep 15, 2020 for $385,000.
How much is this home worth?
The estimated value of the home located at 20 Lakeview Place is $388,456.
What are some comparable homes to 20 Lakeview Place?
There are currently no comparable homes to 20 Lakeview Place.
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