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Lynn 01904
29 Clearview Ave
$347,500
● House - Off Market

29 Clearview Ave

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,376 Ft²
$546,202
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

Excellent Location Corner lot Features this Spacious Cape, Large Living room with Fireplace, Formal Dining Room, Cozy Kitchen , 2 Large Bedrooms , Hardwood Floors through out, Partially Finished basement with second fireplace and half bath, Mud room leads to 1 car garage plus fenced in patio area. Great Opportunity
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$254
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1938

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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 #72182702)

Price History

Date / Event Date Event Price
Oct 16, 2017 Sold
Premium
Sold
Jun 15, 2017 Listed by Century 21 Hughes $349,900
Listed by Century 21 Hughes
May 11, 2015 Sold
Premium
Sold
Mar 17, 2015 Listed by Century 21 Hughes $288,900
Listed by Century 21 Hughes
Jan 7, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,185
  • Total Building Area: 1,356
  • Gross Building Area: 2,793
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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:063 B:011 L:017
  • Block: 11
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.504
  • Longitude: -70.9835

    Address

  • Full Address: 29 Clearview Ave
  • Address - House Number: 29
  • Address - Street Name: Clearview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1223
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,400

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 619,961
  • High Value: 717,886
  • Low Value: 522,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,400
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $334,900

    Sales

  • Current Sale Recording Date: Oct 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287
  • Previous Sale Recording Date: May 11, 2015
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: O
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

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 years

Currently For Sale

156 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# 72182702

Frequently Asked Questions

When was property at 29 Clearview Avenue built and last sold?
The property at 29 Clearview Avenue was built in 1938 and last sold on Jan 1, 1970 for $347,500.
How much is this home worth?
The estimated value of the home located at 29 Clearview Avenue is $359,600.
What are some comparable homes to 29 Clearview Avenue?
There are currently no comparable homes to 29 Clearview Avenue.
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