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Lynn 01902
32 Crescent St
$489,000
● House - Off Market

32 Crescent St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,618 Ft²
$525,135
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

Don't miss this READY TO MOVE IN...  4(FOUR) bedroom with an extra finished room in basement currently used as family room. Was EXTENSIVELY updated in 2016 including updated kitchen, bathrooms, living room, dinning room and newer roof. Hardwood floors throughout with a FINISHED basement. Exterior: Nice front porch, detached two car garage used as storage currently, a nice fenced back yard and CONVENIENTLY located near restaurants, super markets, public transportation and the BEACH! All appliances will remain as a GIFT to the Buyers. Why are you waiting??? Make an appointment today. Easy to show. 24hr notice preferred.
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$302
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1924

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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 #73055894)

Price History

Date / Event Date Event Price
Jan 12, 2023 Sold
Premium
Sold
Nov 22, 2022 In contract -
In contract
Nov 7, 2022 Listed by Tremont Realty Group, LLC $489,000
Listed by Tremont Realty Group, LLC
Jan 31, 2017 Sold
Premium
Sold
Nov 9, 2016 Listed by Tremont Realty Group, LLC $299,000
Listed by Tremont Realty Group, LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1967
  • 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: 16
  • 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: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,469
  • Total Building Area: 1,261
  • Gross Building Area: 2,390
  • Building Area: 1,261
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,261
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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:540 L:012
  • Block: 540
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4679
  • Longitude: -70.9289

    Address

  • Full Address: 32 Crescent St
  • Address - House Number: 32
  • Address - Street Name: Crescent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 1914
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $528,300

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 521,622
  • High Value: 632,850
  • Low Value: 410,395

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,700
  • Assessed Land Value: $174,900
  • Assessed Improvements Value: $326,800

    Sales

  • Current Sale Contract Date: Jan 11, 2023
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 20230112000600
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Amount: $300,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 73055894

Frequently Asked Questions

When was property at 32 Crescent Street built and last sold?
The property at 32 Crescent Street was built in 1924 and last sold on Jan 11, 2023 for $489,000.
How much is this home worth?
The estimated value of the home located at 32 Crescent Street is $489,941.
What are some comparable homes to 32 Crescent Street?
There are currently no comparable homes to 32 Crescent Street.
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