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Lynn 01904
29 Lake View Ave
$324,000
● House - Off Market

29 Lake View Ave

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,049 Ft²
$591,113
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Call the Movers! Cause that's what you'll say when you walk into  this Classic New England farmhouse that has been tastefully renovated over the years. The space is great and the details are endless with high ceilings, hardwood floors and 3 floors of living! Updated gourmet kitchen with granite, cherry and cabinets galore.  The bedrooms are plentiful and oversized to say the least. Enjoy lounging on the front farmers porch and enjoy views of Flax Pond. Get ready to call this one home! Hurry!
Unit Size
2,049 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
$379
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: 5 years ago (MLSPIN #71486578)

Price History

Date / Event Date Event Price
Apr 26, 2013 Sold
Premium
Sold
Feb 26, 2013 Listed by Keller Williams Realty Evolution $299,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 809
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,745
  • Total Building Area: 2,049
  • Gross Building Area: 3,608
  • Building Area: 2,049
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,049
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE
  • Land Acres: 0000000109
  • 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: R1

Geography

  • Parcel: LYNN M:087 B:126 L:011
  • Block: 126
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4847
  • Longitude: -70.9502

    Address

  • Full Address: 29 Lake View Ave
  • Address - House Number: 29
  • Address - Street Name: Lake View
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2345
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,800

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 702,839
  • High Value: 818,951
  • Low Value: 586,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,000
  • Assessed Land Value: $221,300
  • Assessed Improvements Value: $396,700

    Sales

  • Current Sale Recording Date: Apr 26, 2013
  • Current Sale Price:
    Premium
  • Current 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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2489 ft²

Average Home Age

98 years

Currently For Sale

155 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: 5 years ago
Data Source: MLS PIN, MLS# 71486578

Frequently Asked Questions

When was property at 29 Lake View Avenue built and last sold?
The property at 29 Lake View Avenue was built in 1900 and last sold on Jan 1, 1970 for $324,000.
How much is this home worth?
The estimated value of the home located at 29 Lake View Avenue is $0.
What are some comparable homes to 29 Lake View Avenue?
There are currently no comparable homes to 29 Lake View Avenue.
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