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Lynn 01902
29 Broad St
Photo of 29 Broad St
Sold on May 21, 2025

4

Map

Photo of 29 Broad St
Photo of 29 Broad St
$335,000
● House - Off Market

29 Broad St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,034 Ft²
$2,073
Est. Monthly
9.93%
Cap Rate

About This Property

**CONTRACTORS**  R4 ZONING: 3 bed, 2.5 bath, 2,034 Sq. Ft. single family home built in 1830. Zoning District Purpose: The R4 zoning district is designed for areas suitable for multi-family residential units, meaning buildings that can house more than one family. 3 Level-SF that's just waiting to be converted to the multi-family investment property you have been hoping to find. Substantial water damage occurred this winter, the full extent of which is unknown. Neither seller or its Agents make any representations or warranties. Buyers to perform their own due diligence. Property sold AS IS, where is. ** Property will not qualify for conventional financing.
Unit Size
2,034 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$165
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1830

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73355441)

Price History

Date / Event Date Event Price
May 21, 2025 Sold
Premium
Sold
Apr 12, 2025 In contract -
In contract
Apr 5, 2025 Listed $335,000
Listed
Jun 2, 2000 Sold
Premium
Sold
Feb 29, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 778
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,695
  • Total Building Area: 2,034
  • Gross Building Area: 2,980
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEYBROOK
  • Land Acres: 0000000039
  • 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: 206700

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:082 B:600 L:028
  • Block: 600
  • Lot: 28
  • Municipality: LYNN
  • Latitude: 42.4642
  • Longitude: -70.9363

    Address

  • Full Address: 29 Broad St
  • Address - House Number: 29
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 5021
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $479,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 663,424
  • High Value: 831,837
  • Low Value: 495,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,600
  • Assessed Land Value: $157,300
  • Assessed Improvements Value: $298,300

    Sales

  • Current Sale Recording Date: Jun 02, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 29, 2000
  • Previous Sale Amount: $80,000
  • 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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2496 ft²

Average Home Age

97.5 years

Currently For Sale

158 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# 73355441

Frequently Asked Questions

When was property at 29 Broad Street built and last sold?
The property at 29 Broad Street was built in 1830 and last sold on Jan 1, 1970 for $150,000.
How much is this home worth?
The estimated value of the home located at 29 Broad Street is $361,283.
What are some comparable homes to 29 Broad Street?
There are currently no comparable homes to 29 Broad Street.
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