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Lynn 01904
29 Brooklawn Terrace
$373,000
● House - Off Market

29 Brooklawn Terrace

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,441 Ft²
$530,999
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Lovely, updated 3 bedroom 1.5 bathroom home just a couple of blocks from Flax Pond.  The kitchen features all new stainless Kitchen Aid appliances, and both bathrooms have new, modern vanities as well as high efficiency toilets.  The dining room has a built-in china cabinet and is open to the formal living rom.  Completing the first floor is a family room with a gas fireplace and skylights and it leads to the paver's stone patio and fenced in back yard.  Stone steps lead you from the back yard to a lower lot on a cul-de-sac where there is enough parking for 4 cars.  A full bath and 3 bedrooms with wood floors are on the second floor.  Updates include 1 year-old central air and furnace, and recently upgraded electrical panel.
Unit Size
1,441 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$235
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #72148041)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Apr 19, 2017 Listed by Coldwell Banker Residential Brokerage - Salem $339,000
Listed by Coldwell Banker Residential Brokerage - Salem
Jun 23, 2006 Sold
Premium
Sold
Feb 13, 2006 Listed by Coldwell Banker Residential Brokerage - Salem $299,900
Listed by Coldwell Banker Residential Brokerage - Salem

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,959
  • Total Building Area: 1,441
  • Gross Building Area: 2,470
  • Building Area: 1,441
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,441
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 205100

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:098 B:162 L:026
  • Block: 162
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.484
  • Longitude: -70.9439

    Address

  • Full Address: 29 Brooklawn Ter
  • Address - House Number: 29
  • Address - Street Name: Brooklawn
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2406
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 587,920
  • High Value: 692,038
  • Low Value: 483,803

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,500
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $342,500

    Sales

  • Current Sale Recording Date: Jun 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 340
  • Previous Sale Recording Date: Jun 23, 2006
  • Previous Sale Amount: $285,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 years

Currently For Sale

162 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: 4 months ago
Data Source: MLS PIN, MLS# 72148041

Frequently Asked Questions

When was property at 29 Brooklawn Terrace built and last sold?
The property at 29 Brooklawn Terrace was built in 1920 and last sold on Jan 1, 1970 for $373,000.
How much is this home worth?
The estimated value of the home located at 29 Brooklawn Terrace is $352,919.
What are some comparable homes to 29 Brooklawn Terrace?
There are currently no comparable homes to 29 Brooklawn Terrace.
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