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Lynn 01904
29 Range Ave
$406,000
● House - Off Market

29 Range Ave

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,434 Ft²
$534,921
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

So much to love about this charming Blue Bungalow! Cozy, fireplaced living room. Lots of character. Upstairs bedroom has potential to add second full bath and make a master suite! Fenced in yard with patio and deck. Detached garage. New Burnham gas furnace installed September 2019. Exterior painted July 2019. Water heater 2015. Roof 2013.  **OPEN HOUSES Saturday 1/4 and Sunday 1/5 from 12-1:30pm. Offers, if any, due Monday 1/6 at 5pm**
Unit Size
1,434 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$265
Property Type
House
Property Taxes
$409
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 #72603313)

Price History

Date / Event Date Event Price
Feb 11, 2020 Sold
Premium
Sold
Dec 31, 2019 Listed by Keller Williams Realty Evolution $379,900
Listed by Keller Williams Realty Evolution
Nov 24, 2010 Sold
Premium
Sold
May 25, 2010 Listed by Keller Williams Realty Evolution $249,900
Listed by Keller Williams Realty Evolution
Apr 12, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,656
  • Total Building Area: 1,434
  • Gross Building Area: 3,152
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:068 L:076
  • Block: 68
  • Lot: 76
  • Municipality: LYNN
  • Latitude: 42.4968
  • Longitude: -70.9638

    Address

  • Full Address: 29 Range Ave
  • Address - House Number: 29
  • Address - Street Name: Range
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1504
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,200

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 569,664
  • High Value: 674,735
  • Low Value: 464,592

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,700
  • Assessed Land Value: $203,000
  • Assessed Improvements Value: $278,700

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200211003480
  • Previous Sale Recording Date: Nov 24, 2010
  • Previous Sale Amount: $215,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72603313

Frequently Asked Questions

When was property at 29 Range Avenue built and last sold?
The property at 29 Range Avenue was built in 1938 and last sold on Feb 5, 2020 for $406,000.
How much is this home worth?
The estimated value of the home located at 29 Range Avenue is $389,497.
What are some comparable homes to 29 Range Avenue?
There are currently no comparable homes to 29 Range Avenue.
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