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Lynn 01905
29 Cedar Street
$252,000
● House - Off Market

29 Cedar Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,203 Ft²
$441,856
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Back on market due to buyer's financing  !  6 room 3 bedroom 1 1/2 bath New England Colonial  in West Lynn!  Nice large living room with Fireplace !, Formal dining room with built-in china cabinet, Good size kitchen  with all New appliances . Beautiful hardwood floors throughout !!   Open front porch to enjoy for the Summer.
Unit Size
1,203 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$212
Property Type
House
Property Taxes
$288
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: 4 months ago (MLSPIN #71799421)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
Mar 10, 2015 Listed by A. James Lynch, Inc. $254,500
Listed by A. James Lynch, Inc.
Jan 17, 2006 Sold
Premium
Sold
Dec 15, 2005 Sold
Premium
Sold
Nov 15, 2005 Listed by A. James Lynch, Inc. $200,000
Listed by A. James Lynch, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,377
  • Total Building Area: 1,207
  • Gross Building Area: 2,308
  • Building Area: 1,207
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,207
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000055
  • 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: 205900

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:054 B:211 L:028
  • Block: 211
  • Lot: 28
  • Municipality: LYNN
  • Latitude: 42.4675
  • Longitude: -70.9646

    Address

  • Full Address: 29 Cedar St
  • Address - House Number: 29
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1608
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,100

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 498,513
  • High Value: 592,809
  • Low Value: 404,218

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,500
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $293,500

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 316
  • Previous Sale Recording Date: Jan 17, 2006
  • Previous Sale Amount: $190,000
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71799421

Frequently Asked Questions

When was property at 29 Cedar Street built and last sold?
The property at 29 Cedar Street was built in 1900 and last sold on Jan 1, 1970 for $252,000.
How much is this home worth?
The estimated value of the home located at 29 Cedar Street is $265,499.
What are some comparable homes to 29 Cedar Street?
There are currently no comparable homes to 29 Cedar Street.
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