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Lynn 01905
24 Pine Grove Avenue
$250,000
● House - Off Market

24 Pine Grove Avenue

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,181 Ft²
$372,835
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Pine Hill Old Style Colonial Home nicely maintained with 3 Bedrooms, Living Room, Dining Area,  newer carpeting & wood floors.  Just steps to Sewall Anderson School and Gallagher Park.  The perfect starter home for you!  The price is right and ready to go!   First showings at Open House on Saturday, June 17th from 2:00 - 3:30 p.m.    Any and all offers must be submitted by Monday at 5pm.
Unit Size
1,181 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$203
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1830

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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 #72182972)

Price History

Date / Event Date Event Price
Aug 28, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Jonah REALTORS® $239,900
Listed by Jonah REALTORS®
May 17, 1999 Sold
Premium
Sold
Jan 22, 1999 Listed by Jonah REALTORS® $109,900
Listed by Jonah REALTORS®
Feb 6, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 661
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,379
  • Total Building Area: 1,181
  • Gross Building Area: 1,959
  • Building Area: 1,181
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,181
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000032
  • 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: 205500

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:228 L:017
  • Block: 228
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4723
  • Longitude: -70.9686

    Address

  • Full Address: 24 Pine Grove Ave
  • Address - House Number: 24
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C011
  • 4-Digit Zip Code: 1265
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 488,521
  • High Value: 612,305
  • Low Value: 364,738

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,900
  • Assessed Land Value: $157,400
  • Assessed Improvements Value: $246,500

    Sales

  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 219
  • Previous Sale Recording Date: May 17, 1999
  • Previous Sale Amount: $100,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 years

Currently For Sale

162 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: 4 months ago
Data Source: MLS PIN, MLS# 72182972

Frequently Asked Questions

When was property at 24 Pine Grove Avenue built and last sold?
The property at 24 Pine Grove Avenue was built in 1830 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 24 Pine Grove Avenue is $254,109.
What are some comparable homes to 24 Pine Grove Avenue?
There are currently no comparable homes to 24 Pine Grove Avenue.
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