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Lynn 01904
22 Cannon Rock Road
$356,900
● House - Off Market

22 Cannon Rock Road

Lynn, MA 01904
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,821 Ft²
$624,408
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

WARD 1 Lovely and spacious colonial with 5 bedrooms, lots of wood floors, huge finished room on lower level, lovingly maintained by one family.  The shed and garage are roomy and are attached.  Your future 9 room home with a 13 X 9.s. foot  4 season sunroom is on a corner lot in a great neighborhood.  There are even harwood floors under the wall to wall in the dining room and living room on the first floor.  Vinyl siding, vinyl windows, eat in kitchen, central vac, knotty pine wainscoting on second floor bedrooms.  Hurry before you miss out on a wonderful home!
Unit Size
1,821 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$198
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #71847299)

Price History

Date / Event Date Event Price
Jul 15, 2015 Sold
Premium
Sold
May 29, 2015 Listed by Swan Realty $359,900
Listed by Swan Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Total Building Area: 1,536
  • Gross Building Area: 2,771
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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:077 B:062 L:043
  • Block: 62
  • Lot: 43
  • Municipality: LYNN
  • Latitude: 42.5011
  • Longitude: -70.9681

    Address

  • Full Address: 22 Cannon Rock Rd
  • Address - House Number: 22
  • Address - Street Name: Cannon Rock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1563
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 624,854
  • High Value: 732,092
  • Low Value: 517,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,400
  • Assessed Land Value: $203,500
  • Assessed Improvements Value: $350,900

    Sales

  • Current Sale Recording Date: Jul 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 318
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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2491 ft²

Average Home Age

97.8 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 71847299

Frequently Asked Questions

When was property at 22 Cannon Rock Road built and last sold?
The property at 22 Cannon Rock Road was built in 1953 and last sold on Jan 1, 1970 for $356,900.
How much is this home worth?
The estimated value of the home located at 22 Cannon Rock Road is $363,473.
What are some comparable homes to 22 Cannon Rock Road?
There are currently no comparable homes to 22 Cannon Rock Road.
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