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Lynn 01904
30 Ellsworth Terrace
$350,000
● House - Off Market

30 Ellsworth Terrace

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$589,371
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Welcome home to your newly renovated Ward 1 Cape with nothing to do but move in!  Your beautiful kitchen features stainless steel appliances, granite counters and modern backsplash.  Relax in your large family room with wood burning fire place and gleaming hard wood floors, or enjoy entertaining in your sun drenched formal dining room complete with built in china cabinet  Your second floor boasts 3 spacious bedrooms and a full bathroom.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$257
Property Type
House
Property Taxes
$347
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: 5 months ago (MLSPIN #72088615)

Price History

Date / Event Date Event Price
Jan 23, 2017 Sold
Premium
Sold
Nov 2, 2016 Listed by J. Barrett & Company $359,900
Listed by J. Barrett & Company
Dec 31, 2014 Sold
Premium
Sold
Oct 29, 2014 Listed by J. Barrett & Company $324,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 812
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,874
  • Total Building Area: 1,397
  • Gross Building Area: 2,528
  • Building Area: 1,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,397
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:035
  • Block: 191
  • Lot: 35
  • Municipality: LYNN
  • Latitude: 42.4832
  • Longitude: -70.9604

    Address

  • Full Address: 30 Ellsworth Ter
  • Address - House Number: 30
  • Address - Street Name: Ellsworth
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C030
  • 4-Digit Zip Code: 2509
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,000

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 607,199
  • High Value: 715,657
  • Low Value: 498,741

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,000
  • Assessed Land Value: $221,600
  • Assessed Improvements Value: $326,400

    Sales

  • Current Sale Recording Date: Jan 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 214
  • Previous Sale Recording Date: Dec 31, 2014
  • Previous Sale Amount: $305,000
  • 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:

$594,993

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2465 ft²

Average Home Age

97.1 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72088615

Frequently Asked Questions

When was property at 30 Ellsworth Terrace built and last sold?
The property at 30 Ellsworth Terrace was built in 1950 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 30 Ellsworth Terrace is $370,841.
What are some comparable homes to 30 Ellsworth Terrace?
There are currently no comparable homes to 30 Ellsworth Terrace.
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