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Lynn 01905
30 Farrell Road
$367,000
● House - Off Market

30 Farrell Road

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,678 Ft²
$575,821
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Great  cape  home  in  highly  wanted  and desirable  Veterans  Village sub-division neighborhood   -   7  generous  sized  rooms  -  including  3  bedrooms  and  2  full  baths  -  central  air  to keep comfortable  in the hot  summer  months  coming  soon  -    many  recent  updates  and  improvements  have  been  done  to  this  wonderful  family  home    -   1  month  ago  -  kitchen  and  new  refrigerator  /   1  year  ago  -  vinyl  siding  and  new  stove   /    2  years  ago  -  vinyl  replacement  windows  and  updated  both  bathrooms   /   3  years  ago  -  fenced  in  yard  -  great  location  -  close  to  major  highways  and  shopping  malls  and  restaurants
Unit Size
1,678 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$220
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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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 #72165484)

Price History

Date / Event Date Event Price
Jul 10, 2017 Sold
Premium
Sold
May 16, 2017 Listed by Coldwell Banker Residential Brokerage - Lynnfield $369,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Oct 22, 2009 Sold
Premium
Sold
Sep 16, 2009 Listed by Coldwell Banker Residential Brokerage - Lynnfield $234,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,678
  • Gross Building Area: 3,114
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,678
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:022 B:341 L:024
  • Block: 341
  • Lot: 24
  • Municipality: LYNN
  • Latitude: 42.4671
  • Longitude: -70.9783

    Address

  • Full Address: 30 Farrell Rd
  • Address - House Number: 30
  • Address - Street Name: Farrell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1408
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 610,739
  • High Value: 747,722
  • Low Value: 473,756

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $559,400
  • Assessed Land Value: $199,300
  • Assessed Improvements Value: $360,100

    Sales

  • Current Sale Recording Date: Jul 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 468
  • Previous Sale Recording Date: Oct 22, 2009
  • Previous Sale Amount: $230,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72165484

Frequently Asked Questions

When was property at 30 Farrell Road built and last sold?
The property at 30 Farrell Road was built in 1951 and last sold on Jan 1, 1970 for $367,000.
How much is this home worth?
The estimated value of the home located at 30 Farrell Road is $381,778.
What are some comparable homes to 30 Farrell Road?
There are currently no comparable homes to 30 Farrell Road.
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