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Lynn 01904
26 York Ter
$450,000
● House - Off Market

26 York Ter

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,550 Ft²
$566,240
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Adorable ranch home located in the coveted Ward 1 area of Lynn. Situated close to the Lynnfield and Peabody line and less than a mile to 128, this home's location cannot be beat! As you enter the home you are welcomed into a small foyer/mudroom that segues into your dining room on one side or living room with wood burning fireplace on the other side. The kitchen offers plenty of cabinet and counter space with newer appliances. Each of the three bedrooms has hardwoood floors and decent closet space. Head to the basement and you will find a large partially finished basement which would be ideal for a family room, play room, etc. Toss in an attached garage, large fenced in yard, central air and we are talking about a value that is tough to beat!
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$271
Property Type
House
Property Taxes
$434
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: 6 months ago (MLSPIN #72667356)

Price History

Date / Event Date Event Price
Jul 21, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Keller Williams Realty Evolution $419,900
Listed by Keller Williams Realty Evolution
Jul 3, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Keller Williams Realty Evolution $389,900
Listed by Keller Williams Realty Evolution
Dec 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,712
  • Total Building Area: 1,092
  • Gross Building Area: 2,860
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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:064 B:043 L:007
  • Block: 43
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.5096
  • Longitude: -70.9862

    Address

  • Full Address: 26 York Ter
  • Address - House Number: 26
  • Address - Street Name: York
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C027
  • 4-Digit Zip Code: 1134
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,000

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 596,758
  • High Value: 706,826
  • Low Value: 486,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,300
  • Assessed Land Value: $208,800
  • Assessed Improvements Value: $333,500

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614360
  • Previous Sale Recording Date: Jul 03, 2017
  • Previous Sale Contract Date: Jun 30, 2017
  • Previous Sale Amount: $379,000
  • 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:

$598,450

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72667356

Frequently Asked Questions

When was property at 26 York Terrace built and last sold?
The property at 26 York Terrace was built in 1955 and last sold on Jul 10, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 26 York Terrace is $433,315.
What are some comparable homes to 26 York Terrace?
There are currently no comparable homes to 26 York Terrace.
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