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Lynn 01902
20 Normandy Road
$243,000
● House - Off Market

20 Normandy Road

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,590 Ft²
$453,546
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Meticulously maintained colonial by original owner of almost 50 years!  This bright and sunny home located on quiet side street on Swampscott/Lynn line features gleaming hardwood floors throughout.  A large eat-in-kitchen with newer countertops and appliances leads to a nice den or dining room.  The large living room is large, open and ideal for entertaining.  Upstairs features three large bedrooms with tons of closet space with large nice full bathroom.  With maintenance free vinyl siding and newer windows makes this home a winner.  No showing until first open house on 6-29-14.
Unit Size
1,590 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$157
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1965

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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 #71704036)

Price History

Date / Event Date Event Price
Aug 28, 2014 Sold
Premium
Sold
Jun 24, 2014 Listed by Century 21 N. Shore $249,900
Listed by Century 21 N. Shore

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,279
  • Total Building Area: 1,590
  • Gross Building Area: 2,404
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000052
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:104 B:423 L:016
  • Block: 423
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4755
  • Longitude: -70.9287

    Address

  • Full Address: 20 Normandy Rd
  • Address - House Number: 20
  • Address - Street Name: Normandy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1217
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,600

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 523,665
  • High Value: 617,598
  • Low Value: 429,733

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,900
  • Assessed Land Value: $177,900
  • Assessed Improvements Value: $289,000

    Sales

  • Current Sale Recording Date: Aug 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82800122
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

2698 ft²

Average Home Age

97.9 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# 71704036

Frequently Asked Questions

When was property at 20 Normandy Road built and last sold?
The property at 20 Normandy Road was built in 1965 and last sold on Jan 1, 1970 for $243,000.
How much is this home worth?
The estimated value of the home located at 20 Normandy Road is $270,621.
What are some comparable homes to 20 Normandy Road?
There are currently no comparable homes to 20 Normandy Road.
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