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Lynn 01904
29 Ellsworth Ter
$350,000
● House - Off Market

29 Ellsworth Ter

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,137 Ft²
$541,371
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully maintained Cape on quiet dead end street with 3 bedrooms and 1 and 3/4 bathrooms in wonderful Ward 1 location!! All new siding, roof and windows. gleaming hardwood floors, Updated fully appliance kitchen with granite counter tops! finished lower level family room with all new wall to wall carpet! Large fenced in yard with new vinyl fence and above ground pool! One car attached garage. Nothing to do but move in to this spectacular home!!   **Showings start at group showing Thursday from 4:00 - 6:00.
Unit Size
1,137 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$308
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1950

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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 #72252524)

Price History

Date / Event Date Event Price
Dec 28, 2020 Sold
Premium
Sold
Nov 3, 2020 Listed by Jonah REALTORS® $449,900
Listed by Jonah REALTORS®
Jan 9, 2018 Sold
Premium
Sold
Nov 7, 2017 Listed by Jonah REALTORS® $349,900
Listed by Jonah REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 752
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,344
  • Total Building Area: 1,137
  • Gross Building Area: 2,761
  • Building Area: 1,137
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,137
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES G VASI
  • Land Acres: 0000000123
  • 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: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:073 B:191 L:031
  • Block: 191
  • Lot: 31
  • Municipality: LYNN
  • Latitude: 42.4834
  • Longitude: -70.9605

    Address

  • Full Address: 29 Ellsworth Ter
  • Address - House Number: 29
  • Address - Street Name: Ellsworth
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C030
  • 4-Digit Zip Code: 2508
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1587
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 650,714
  • High Value: 754,086
  • Low Value: 547,342

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,100
  • Assessed Land Value: $195,700
  • Assessed Improvements Value: $358,400

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201228004380
  • Previous Sale Recording Date: Jan 09, 2018
  • Previous Sale Amount: $350,000
  • 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

60

Average Home Size

2533 ft²

Average Home Age

96.5 years

Currently For Sale

163 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: 4 months ago
Data Source: MLS PIN, MLS# 72252524

Frequently Asked Questions

When was property at 29 Ellsworth Terrace built and last sold?
The property at 29 Ellsworth Terrace was built in 1950 and last sold on Dec 23, 2020 for $517,000.
How much is this home worth?
The estimated value of the home located at 29 Ellsworth Terrace is $455,484.
What are some comparable homes to 29 Ellsworth Terrace?
There are currently no comparable homes to 29 Ellsworth Terrace.
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