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Lynn 01904
31 Harris Rd.
Photo of 31 Harris Rd.
Sold on Aug 11, 2011

1

Map

$264,000
● House - Off Market

31 Harris Rd.

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,798 Ft²
$538,940
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Family room has bricked in area for wood stove and sliding glass doors to back yard.  An additional unfinished room has another entry door to back yard. The basement has in-law apartment potential. Thermopane windows throughout. Gas Burham boiler installed in 2004 and water in 2003. Ref. has water and ice maker.  Close to RT 128/95 & RT 1.  Fireplaces have not been used by present owner.
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$145
Property Type
House
Property Taxes
$403
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: 3 months ago (MLSPIN #71252802)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
Jun 27, 2023 In contract -
In contract
Jun 22, 2023 Listed by Arlene Realty $639,900
Listed by Arlene Realty
Aug 12, 2011 Sold
Premium
Sold
Jun 23, 2011 Listed by Arlene Realty $259,900
Listed by Arlene Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,827
  • Total Building Area: 1,638
  • Gross Building Area: 2,924
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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:078 B:060 L:006
  • Block: 60
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.5011
  • Longitude: -70.9751

    Address

  • Full Address: 31 Harris Rd
  • Address - House Number: 31
  • Address - Street Name: Harris
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1310
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 658,684
  • High Value: 770,115
  • Low Value: 547,253

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,100
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $387,100

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 645601
  • Previous Sale Recording Date: Aug 12, 2011
  • Previous Sale Amount: $264,000
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 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: 3 months ago
Data Source: MLS PIN, MLS# 71252802

Frequently Asked Questions

When was property at 31 Harris Road built and last sold?
The property at 31 Harris Road was built in 1979 and last sold on Jul 24, 2023 for $685,000.
How much is this home worth?
The estimated value of the home located at 31 Harris Road is $638,815.
What are some comparable homes to 31 Harris Road?
There are currently no comparable homes to 31 Harris Road.
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