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Lynn 01904
31 Lebel Road
$600,000
● House - Off Market

31 Lebel Road

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,825 Ft²
$626,801
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Highly sought after Ward 1 ~ West Lynn Location, quiet culdesac location! Adorable spacious 4 bedroom cape cod style home with super private back yard abutting conservation land. 1st floor bedroom - den - home office the choice is yours! Finished basement for additional living space! Fenced in yard and deck for entertaining. Super close to RTE 1 and 128. Commuters dream. Newer roof and heating system with in the last 3 years. Vinyl sided. Freshly painted 1st and 2nd floor. Move right in-turnkey condition!
Unit Size
1,825 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$329
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
2001

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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 #73000322)

Price History

Date / Event Date Event Price
Aug 10, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by Mayflower Realty Group $599,900
Listed by Mayflower Realty Group
Apr 18, 2017 Sold
Premium
Sold
Jan 17, 2017 Sold
Premium
Sold
Jul 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 528
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,675
  • Total Building Area: 1,512
  • Gross Building Area: 2,761
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000589
  • 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:025 L:094
  • Block: 25
  • Lot: 94
  • Municipality: LYNN
  • Latitude: 42.498
  • Longitude: -70.9742

    Address

  • Full Address: 31 Lebel Rd
  • Address - House Number: 31
  • Address - Street Name: Lebel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1407
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 653,172
  • High Value: 766,798
  • Low Value: 539,546

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,100
  • Assessed Land Value: $187,700
  • Assessed Improvements Value: $414,400

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2.0220810003E+1
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Amount: $289,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73000322

Frequently Asked Questions

When was property at 31 Lebel Road built and last sold?
The property at 31 Lebel Road was built in 2001 and last sold on Aug 10, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 31 Lebel Road is $606,950.
What are some comparable homes to 31 Lebel Road?
There are currently no comparable homes to 31 Lebel Road.
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