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Lynn 01904
22 Elsie Rd
$215,000
● House - Off Market

22 Elsie Rd

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,215 Ft²
$447,013
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Open House This Sunday 9/11 2-4pm. Location !! Location !! *Ward 1*  Fresh new "whole house" interior paint !!  The perfect tree lined quiet dead end street, this charming cape style home offers many updates new roof & driveway, granite counters, newer windows & siding. Fireplaced livingroom and hardwood floors thru out..Level backyard with large storage shed & mature trees..Just minutes to parks & major routes.
Unit Size
1,215 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$173
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1955

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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 #71252286)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Nov 10, 2020 Listed by Century 21 North Shore $409,000
Listed by Century 21 North Shore
Oct 28, 2011 Sold
Premium
Sold
Jun 22, 2011 Listed by Century 21 North Shore $209,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,819
  • Total Building Area: 1,215
  • Gross Building Area: 2,390
  • Building Area: 1,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,215
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000111
  • 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:078 B:061 L:014
  • Block: 61
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.5011
  • Longitude: -70.9707

    Address

  • Full Address: 22 Elsie Rd
  • Address - House Number: 22
  • Address - Street Name: Elsie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1326
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $501,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 549,019
  • High Value: 646,247
  • Low Value: 451,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,200
  • Assessed Land Value: $192,800
  • Assessed Improvements Value: $283,400

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201223005250
  • Previous Sale Recording Date: Oct 28, 2011
  • Previous Sale Amount: $215,000
  • 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:

$598,000

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# 71252286

Frequently Asked Questions

When was property at 22 Elsie Road built and last sold?
The property at 22 Elsie Road was built in 1955 and last sold on Dec 9, 2020 for $440,000.
How much is this home worth?
The estimated value of the home located at 22 Elsie Road is $407,349.
What are some comparable homes to 22 Elsie Road?
There are currently no comparable homes to 22 Elsie Road.
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