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Lynn 01904
20 Standish Rd
$390,000
● House - Off Market

20 Standish Rd

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$535,894
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

New to Market!!   This sun filled 2 bedroom cape style home is located in the desirable Ward 1 area. Features include gleaming hardwood floors throughout . Large fireplace living room. Dining room with built-in china cabinet. Eat-in Kitchen with plenty of cabinet space. A large 3 season porch/breezeway with sky lights over looking a large level yard with patio. This home has been freshly painted and move in ready. All this is conveniently  located minutes from Rt. 1, Rt.128, and Rt 95. Seconds from a beautiful 18 hole municipal golf course and Lynn Woods reservation. Priced to sell!!!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$300
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1940

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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 #72486821)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by Return Realty Group, Inc. $374,900
Listed by Return Realty Group, Inc.
Dec 15, 2003 Sold
Premium
Sold
Oct 13, 2003 Listed by Return Realty Group, Inc. $289,900
Listed by Return Realty Group, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 713
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,630
  • Total Building Area: 1,248
  • Gross Building Area: 2,534
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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:064 B:006 L:006
  • Block: 6
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.5064
  • Longitude: -70.9852

    Address

  • Full Address: 20 Standish Rd
  • Address - House Number: 20
  • Address - Street Name: Standish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1021
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $539,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 595,365
  • High Value: 705,177
  • Low Value: 485,553

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $511,900
  • Assessed Land Value: $201,500
  • Assessed Improvements Value: $310,400

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190531000860
  • Previous Sale Recording Date: Dec 15, 2003
  • Previous Sale Amount: $285,000
  • 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

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# 72486821

Frequently Asked Questions

When was property at 20 Standish Road built and last sold?
The property at 20 Standish Road was built in 1940 and last sold on May 31, 2019 for $390,000.
How much is this home worth?
The estimated value of the home located at 20 Standish Road is $380,927.
What are some comparable homes to 20 Standish Road?
There are currently no comparable homes to 20 Standish Road.
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