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Lynn 01904
3 Wentworth Place
$485,000
● House - Off Market

3 Wentworth Place

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,924 Ft²
$721,544
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Beautiful single family home overlooking Flax Pond! Located at the end of a quiet dead end street. Large kitchen with eat-in dining area and a center island with space for counter-height bar stools - great for entertaining! Gorgeous 3 season porch off of the kitchen with views of the pond and backyard. Living room with hardwood floors and plenty of natural light. Features three bedrooms and two & a half bathrooms, as well as a finished basement with extra living space and room for storage. Large, fenced in backyard with an in-ground pool. Seller has done many updates in the past 4 years - completely re-tiled pool, updated irrigation & sprinkler system, as well as newly installed solar panels and a backup generator. Roof and siding have been recently replaced as well. Come check out this gorgeous home for yourself!
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$254
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1979

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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 months ago (MLSPIN #72417487)

Price History

Date / Event Date Event Price
Feb 11, 2019 Sold
Premium
Sold
Oct 30, 2018 Listed by Aprilian Inc. $489,000
Listed by Aprilian Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 42
  • Exterior Walls Type: 19
  • 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: 1,352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,398
  • Gross Building Area: 3,402
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: R2

Geography

  • Parcel: LYNN M:087 B:123 L:028
  • Block: 123
  • Lot: 28
  • Municipality: LYNN
  • Latitude: 42.4845
  • Longitude: -70.9538

    Address

  • Full Address: 3 Wentworth Pl
  • Address - House Number: 3
  • Address - Street Name: Wentworth
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C030
  • 4-Digit Zip Code: 2353
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 657,725
  • High Value: 767,567
  • Low Value: 547,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,500
  • Assessed Land Value: $232,700
  • Assessed Improvements Value: $382,800

    Sales

  • Current Sale Contract Date: Feb 05, 2019
  • Current Sale Recording Date: Feb 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 599666

    Financing

  • First Mortgage Financing Type: ADJ
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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2491 ft²

Average Home Age

97.8 years

Currently For Sale

159 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 months ago
Data Source: MLS PIN, MLS# 72417487

Frequently Asked Questions

When was property at 3 Wentworth Place built and last sold?
The property at 3 Wentworth Place was built in 1979 and last sold on Feb 5, 2019 for $485,000.
How much is this home worth?
The estimated value of the home located at 3 Wentworth Place is $507,359.
What are some comparable homes to 3 Wentworth Place?
There are currently no comparable homes to 3 Wentworth Place.
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