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Lynn 01904
316 Euclid Ave
$440,000
● House - Off Market

316 Euclid Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,154 Ft²
$478,478
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

PRICE REDUCTION. Welcome to 316 Euclid Ave in Lynn! This charming 3 bedroom, 1 bathroom home is ready for you to move in and start making memories! The first floor consists of the living room, dining room, and eat-in kitchen, as well as the updated full bathroom. All three of the generously sized bedrooms are located on the second level of the home. A large, fenced-in backyard with composite deck and fire pit area are the perfect place to host gatherings with family and friends. With a little TLC this home will be ready for your family to make memories for years to come!
Unit Size
1,154 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$386
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1900

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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 #73042155)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Oct 22, 2022 In contract -
In contract
Oct 12, 2022 Price Decreased $445,000
↓ $10K (2.2%)
Price Decreased
Oct 4, 2022 Price Increased $455,000
↑ $10K (2.3%)
Price Increased
Sep 28, 2022 Listed by RE/MAX 360 $445,000
Listed by RE/MAX 360
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 725
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,055
  • Total Building Area: 1,154
  • Gross Building Area: 2,162
  • Building Area: 1,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,154
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:074 B:104 L:014
  • Block: 104
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.4875
  • Longitude: -70.958

    Address

  • Full Address: 316 Euclid Ave
  • Address - House Number: 316
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 1940
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $463,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 500,577
  • High Value: 592,906
  • Low Value: 408,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,400
  • Assessed Land Value: $179,200
  • Assessed Improvements Value: $261,200

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221222002980
  • Previous Sale Recording Date: May 27, 2004
  • Previous Sale Amount: $243,000
  • 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:

$596,450

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73042155

Frequently Asked Questions

When was property at 316 Euclid Avenue built and last sold?
The property at 316 Euclid Avenue was built in 1900 and last sold on Dec 22, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 316 Euclid Avenue is $450,082.
What are some comparable homes to 316 Euclid Avenue?
There are currently no comparable homes to 316 Euclid Avenue.
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