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Lynn 01904
3 Mary Ellen Dr
Photo of 3 Mary Ellen Dr
Sold on May 17, 2006

1

Map

$469,500
● House - Off Market

3 Mary Ellen Dr

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,496 Ft²
$863,631
RealtyHop Estimate
79.96%
Since Jun 1, 2006
MA-Boston
Primary Model

About This Property

Exceptional Ward 1 Private Cul de Sac Location! Embankment Ranch in pristine condition. Cath Ceil. Kitchen opens to dining area w/sliders to deck and above ground pool. 4 large Bedrooms, 2.5 baths,  Cath. Ceil.Livingroom w/ Fireplace + hw, Huge Lower level has wet bar,4th Bedroom,Office, and walk out to level yard with sweeping wooded views. 3 zone heat, Central Air, sprinkler sys. Lovingly maintained - Absolute Must See!
Unit Size
2,496 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$192
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1989

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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 #70334972)

Price History

Date / Event Date Event Price
May 17, 2006 Sold
Premium
Sold
Feb 22, 2006 Listed $479,900
Listed
Jul 2, 2001 Sold
Premium
Sold
Mar 16, 2001 Listed $319,900
Listed
Oct 15, 1996 Listed by Dewolfe-Swampscott $189,900
Listed by Dewolfe-Swampscott

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,248
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,035
  • Total Building Area: 1,248
  • Gross Building Area: 2,766
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPICKETT HILL
  • Land Acres: 0000000276
  • 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:061 B:019 L:081
  • Block: 19
  • Lot: 81
  • Municipality: LYNN
  • Latitude: 42.4979
  • Longitude: -70.98

    Address

  • Full Address: 3 Mary Ellen Dr
  • Address - House Number: 3
  • Address - Street Name: Mary Ellen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1439
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $709,500

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 701,476
  • High Value: 820,147
  • Low Value: 582,806

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $673,800
  • Assessed Land Value: $220,100
  • Assessed Improvements Value: $453,700

    Sales

  • Current Sale Recording Date: May 17, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 02, 2001
  • Previous Sale Amount: $302,500
  • 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:

$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# 70334972

Frequently Asked Questions

When was property at 3 Mary Ellen Drive built and last sold?
The property at 3 Mary Ellen Drive was built in 1989 and last sold on Jan 1, 1970 for $469,500.
How much is this home worth?
The estimated value of the home located at 3 Mary Ellen Drive is $495,793.
What are some comparable homes to 3 Mary Ellen Drive?
There are currently no comparable homes to 3 Mary Ellen Drive.
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