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Lynn 01904
289 Euclid Ave
$290,000
● House - Off Market

289 Euclid Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,261 Ft²
$449,142
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Lovely Colonial next to Wyoma Square!  Newly painted and 1st Level Hardwood Floors have been refinished.  Updated Kitchen in 2003.  House and Garage Roofs are 3 years old.  Vivint Solar panel since July 2015 offers nice savings on Electric (Not Leased).   Detached Garage and ample Parking in Driveway.  Fully Fenced Back Yard to enjoy the Warm Summer Nights!  Cozy Living Room with Sun Room for Entertaining.  Easy access to Major Highways.  Includes a 1 year American Home Shield Warranty for the Buyer!  Great Opportunity to update with your Personal Touch!  Don't miss out on this Wonderful Opportunity!  Sold as is.  Home Inspection is for informational purposes only.
Unit Size
1,261 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$229
Property Type
House
Property Taxes
$338
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 #72178443)

Price History

Date / Event Date Event Price
Aug 22, 2017 Sold
Premium
Sold
Jun 8, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $289,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Aug 30, 2001 Sold
Premium
Sold
Jul 18, 2001 Listed by Coldwell Banker Residential Brokerage - Beverly $209,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Apr 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 841
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,261
  • Gross Building Area: 2,420
  • Building Area: 1,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,261
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:109 L:061
  • Block: 109
  • Lot: 61
  • Municipality: LYNN
  • Latitude: 42.4876
  • Longitude: -70.9568

    Address

  • Full Address: 289 Euclid Ave
  • Address - House Number: 289
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 1964
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,700

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 528,674
  • High Value: 629,273
  • Low Value: 428,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,200
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $297,100

    Sales

  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 383
  • Previous Sale Recording Date: Aug 30, 2001
  • Previous Sale Amount: $203,000
  • 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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2491 ft²

Average Home Age

97.8 years

Currently For Sale

159 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# 72178443

Frequently Asked Questions

When was property at 289 Euclid Avenue built and last sold?
The property at 289 Euclid Avenue was built in 1900 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 289 Euclid Avenue is $298,661.
What are some comparable homes to 289 Euclid Avenue?
There are currently no comparable homes to 289 Euclid Avenue.
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