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Lynn 01902
22 Emerson
Photo of 22 Emerson

23

Map

Photo of 22 Emerson
Photo of 22 Emerson
$535,000
● House - Off Market

22 Emerson

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,299 Ft²
$3,040
Est. Monthly

About This Property

Highly desirable Lynn location!! Situated on a DEAD END STREET, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and value. Located only MINUTES FROM THE BEACH, this home offers RARE OFF-STREET PARKING FOR THREE CARS!! The main floor features gleaming hardwood floors, a spacious living room, formal dining room, an OVERSIZED KITCHEN and a full bath. Upstairs offers 3 bedrooms, hardwood floors, and a second full bath. Need more space?? The bonus room in the lower level is ideal for a home office, workout area, or additional living space and offers plenty of storage. Conveniently located near commuter routes, shopping and major routes, this move-in-ready home checks off all the boxes.MOTIVATED SELLER! BRING YOUR OFFER!
Unit Size
1,299 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$412
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1880

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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: 2 days ago (MLSPIN #73559938)

Price History

Date / Event Date Event Price
Nov 13, 2026 Withdrawn -
Withdrawn
Oct 22, 2026 Price Decreased $535,000
↓ $15K (2.7%)
Price Decreased
Oct 8, 2026 Price Decreased $550,000
↓ $10K (1.8%)
Price Decreased
Aug 5, 2026 Listed by Coldwell Banker Realty - Lynnfield $559,900
Listed by Coldwell Banker Realty - Lynnfield
Oct 30, 2023 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 755
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,644
  • Total Building Area: 1,299
  • Gross Building Area: 2,348
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • 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:097 B:415 L:007
  • Block: 415
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4805
  • Longitude: -70.9341

    Address

  • Full Address: 22 Emerson Pl
  • Address - House Number: 22
  • Address - Street Name: Emerson
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1118
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,100

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 526,134
  • High Value: 651,920
  • Low Value: 400,347

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,200
  • Assessed Land Value: $171,000
  • Assessed Improvements Value: $318,200

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231030002080
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2424 ft²

Average Home Age

96 years

Currently For Sale

148 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 days ago
Data Source: MLS PIN, MLS# 73559938

Frequently Asked Questions

When was property at 22 Emerson Place built and last sold?
The property at 22 Emerson Place was built in 1880 and last sold on Oct 30, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 22 Emerson Place is $550,318.
What are some comparable homes to 22 Emerson Place?
There are currently no comparable homes to 22 Emerson Place.
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