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Lynn 01902
32 Burrill Ave
$553,000
● House - Off Market

32 Burrill Ave

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,460 Ft²
$547,220
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Walking into this newly renovated New England colonial you instantly feel at home. Classic colonial flow with modern style gives the best of both worlds. Kitchen has beautiful new white cabinets with gorgeous granite island to enjoy. Extra bedroom on the first floor can be used for office or playroom. Both bathrooms have a sleek updated style with a washer/dryer hookup on the first floor.  Refinished hardwood throughout with tile kitchen. Brand new electric and plumbing! Brand new vinyl siding and windows finish this stunning home off.  Situated on a well maintained street with just .7 miles to Swampscott Station and a quarter mile to King's beach. Come check it out before it's gone!
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$370
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1890

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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 #72958873)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Mar 29, 2022 Listed by LA Realty and Property Consulting, LLC $539,990
Listed by LA Realty and Property Consulting, LLC
Aug 17, 2021 Sold
Premium
Sold
Dec 5, 1995 Sold
Premium
Sold
Sep 19, 1995 Listed by LA Realty and Property Consulting, LLC $89,900
Listed by LA Realty and Property Consulting, LLC

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • 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: 5
  • 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: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,262
  • Total Building Area: 1,460
  • Gross Building Area: 2,458
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:094 B:543 L:010
  • Block: 543
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.4676
  • Longitude: -70.928

    Address

  • Full Address: 32 Burrill Ave
  • Address - House Number: 32
  • Address - Street Name: Burrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 1912
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 444,029
  • High Value: 479,679
  • Low Value: 408,379

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,900
  • Assessed Land Value: $173,800
  • Assessed Improvements Value: $311,100

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220520001950
  • Previous Sale Recording Date: Aug 17, 2021
  • Previous Sale Contract Date: Aug 17, 2021
  • Previous Sale Amount: $299,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72958873

Frequently Asked Questions

When was property at 32 Burrill Avenue built and last sold?
The property at 32 Burrill Avenue was built in 1890 and last sold on May 20, 2022 for $553,000.
How much is this home worth?
The estimated value of the home located at 32 Burrill Avenue is $538,091.
What are some comparable homes to 32 Burrill Avenue?
There are currently no comparable homes to 32 Burrill Avenue.
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