$214,250
●
House -
Off Market
21 High Rock Terrace
Lynn, MA 01902
2 Beds
1 Bath
630 Ft²
$340,376
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model
About This Property
CONDO ALTERNATIVIE Perched close to the highest peak in Lynn, High
Rock Terrace is a dead end where this Single Family Condo
Alternative sits as the last house on the street. With
soaring ceilings and oversized windows that provide plenty of
natural light, this home feels bigger than it's actual square
footage. You'll also find privacy and plenty of outdoor
enjoyment with views of beautiful Historic High Rock Tower from the
Front Farmer's Porch and the backyard's brick patio. Just steps
from High Rock Tower and Park, city and ocean views, elementary
school and KIPP Academy, this property offers lots of potential,
Good sized yard and private driveway with 2 Car Parking.
Close to Lynn, Nahant and Swampscott public beaches, Logan Airport,
award-winning restaurants, cafes, and Lynn's growing Arts and
Cultural District, Lynn Woods reservation and Gannon Golf Course.
Come find out all that Lynn has to offer.
Unit Size
630 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$341
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1890
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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: 5 months ago (MLSPIN #72132270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Listed by Stuart St James, Inc. | $450,000 | |
| Listed by Stuart St James, Inc. | |||
| | |||
|
Quaint home nestled in the heart of a highly sought-after area in Lynn! This hidden gem is located on a peaceful dead-end street, it is super close to the iconic High Rock Park and High Rock Tower. The property offers endless opportunities for outdoor adventures, all while providing a serene and private atmosphere.The large yard is a standout feature, providing ample space for outdoor activities, gardening, and even the potential for expanding the property or adding your own personal touches.Don't miss out on this exceptional deal! With its desirable location on a dead-end street, a spacious yard, move-in readiness, and scope for personalization, this 2-bed, 1-bath home won't stay on the market for long.
| |||
| Mar 22, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 15, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 13, 2024 | Price Decreased |
$450,000
↓ $29K
(6.1%) | |
| Price Decreased | |||
| Jan 30, 2024 | Listed by Keller Williams Realty Boston Northwest | $479,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
|
This charming property features all new appliances, fresh paint, and hardwood floors. The brand new tankless water heater ensures endless hot water and energy efficiency. Situated at the end of a tranquil street, this home offers privacy and serenity. Don't miss the opportunity to own this beautifully renovated home.
| |||
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Property Highlights
Parking Available
Building Info
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