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Lynn 01904
256 Euclid Ave
$432,000
● House - Off Market

256 Euclid Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$554,232
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Back on the Market due to Buyer's Financing!!!!  The one you were waiting for!!!   Corner lot in a great neighborhood. 1 car attached   and 2 car dettached garages with additional parking in paved driveway.  House is in good condition even though it may need some updates. .Fireplaced living room, good size kitchen, 3 seasons enclosed porch, beautiful patio for great outdoors  activities. Formal dinning room for your convenience.  Hardwood floors throughout.   Plenty of storage space,   Forced Hot water by oil, gas stove and 100 amps Electric panel.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$283
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1900

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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 #72704180)

Price History

Date / Event Date Event Price
Oct 19, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by Century 21 North East $429,900
Listed by Century 21 North East
Nov 18, 2005 Sold
Premium
Sold
Mar 29, 2005 Listed by Century 21 North East $275,000
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 733
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,481
  • Total Building Area: 1,518
  • Gross Building Area: 3,081
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:118 L:003
  • Block: 118
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4871
  • Longitude: -70.9553

    Address

  • Full Address: 256 Euclid Ave
  • Address - House Number: 256
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2340
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,800

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 602,196
  • High Value: 709,760
  • Low Value: 494,631

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,400
  • Assessed Land Value: $181,400
  • Assessed Improvements Value: $354,000

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201019006580
  • Previous Sale Recording Date: Nov 18, 2005
  • Previous Sale Amount: $259,000
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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# 72704180

Frequently Asked Questions

When was property at 256 Euclid Avenue built and last sold?
The property at 256 Euclid Avenue was built in 1900 and last sold on Oct 14, 2020 for $432,000.
How much is this home worth?
The estimated value of the home located at 256 Euclid Avenue is $436,298.
What are some comparable homes to 256 Euclid Avenue?
There are currently no comparable homes to 256 Euclid Avenue.
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