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Lynn 01904
27 Cannon Rock Road
Photo of 27 Cannon Rock Road
Sold on Jun 10, 2025

42

Map

Photo of 27 Cannon Rock Road
Photo of 27 Cannon Rock Road
$585,000
● House - Off Market

27 Cannon Rock Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,125 Ft²
$3,336
Est. Monthly
5.52%
Cap Rate

About This Property

PRICE REDUCTION, Make your appointment now! MOTIVATED SELLERS. Do not miss your opportunity. Welcome Home to 27 Cannon Rock Road. Ward 1 Raised Ranch, located on a beautiful dead end cul-de-sac, in a quiet neighborhood. Situated on a private 7,000 sq ft lot, w/ 1,025 sq ft of thoughtfully laid out living space on the main level. Main level has 3 Bedrooms, 1 full Bathroom, Living room w/ fireplace, separate Dining room, Kitchen & 4 season Sun Porch. Kitchen w/ peninsula, new LG 2021 refrigerator & recess lighting. 4 season sunroom, private backyard, perfect for entertaining, grilling, summer nights & more. Partial finished lower level w/ new flooring. 2021 LG washer, dryer & sidekick washer to remain. Oversized front to back 10 x 31 garage is perfect for storage or expansion needs. New 7 zone Daikin Heat Pump system w/ wall units for dual Heat & AC. Updated insulation 2021, New Roof 2021, 200 AMP Electric & so much more. Incredible opportunity to call this property your home!
Unit Size
1,125 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$524
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1950

Payment Calculator

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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 years ago (MLSPIN #73347622)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
May 8, 2025 In contract -
In contract
May 7, 2025 Price Decreased $589,900
↓ $10K (1.7%)
Price Decreased
Apr 5, 2025 Price Decreased $599,999
↓ $1 (0%)
Price Decreased
Apr 4, 2025 Price Decreased $600,000
↓ $40K (6.2%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,125
  • Gross Building Area: 2,169
  • Building Area: 1,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,125
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16 PARSONS ST
  • Land Acres: 0000000161
  • 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:077 B:062 L:047
  • Block: 62
  • Lot: 47
  • Municipality: LYNN
  • Latitude: 42.5008
  • Longitude: -70.9681

    Address

  • Full Address: 27 Cannon Rock Rd
  • Address - House Number: 27
  • Address - Street Name: Cannon Rock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1513
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 531,520
  • High Value: 629,557
  • Low Value: 433,484

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,800
  • Assessed Land Value: $184,400
  • Assessed Improvements Value: $279,400

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210701000260
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 years ago
Data Source: MLS PIN, MLS# 73347622

Frequently Asked Questions

When was property at 27 Cannon Rock Road built and last sold?
The property at 27 Cannon Rock Road was built in 1950 and last sold on Jun 30, 2021 for $422,000.
How much is this home worth?
The estimated value of the home located at 27 Cannon Rock Road is $574,939.
What are some comparable homes to 27 Cannon Rock Road?
There are currently no comparable homes to 27 Cannon Rock Road.
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