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Lynn 01905
32 Meadow Brook Rd
$389,500
● House - Off Market

32 Meadow Brook Rd

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$570,445
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Wonderful opportunity to move into one of Lynn's most desirable neighborhoods! This single family home features 3 bedrooms, 2 full baths and a finished basement! This charming single family boasts large kitchen with a peninsula open to the dining room, a living room with cozy fireplace, picture window and hardwood floors throughout!  Three good size bedrooms and the first of two bathrooms round out the main floor. The open staircase leads you to the large finished area in the basement, additional full bath with laundry, laundry shoot, and plenty of storage! Newly replaced windows, burner, hot water tank and oil tank! Minutes from public schools, Lynn woods, dog park and golf course! Easy highway access (rt1, 95/93)! This is a must see! ******OPEN HOUSE CANCELED FOR SATURDAY 11/2******
Unit Size
1,556 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$256
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1955

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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 #72579402)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Spagnola Real Estate & Consulting, Inc. $525,000
Listed by Spagnola Real Estate & Consulting, Inc.
Dec 13, 2019 Sold
Premium
Sold
Oct 13, 2019 Listed by Spagnola Real Estate & Consulting, Inc. $399,000
Listed by Spagnola Real Estate & Consulting, Inc.
Oct 30, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,056
  • Gross Building Area: 2,424
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:024 B:386 L:009
  • Block: 386
  • Lot: 9
  • Municipality: LYNN
  • Latitude: 42.4741
  • Longitude: -70.9843

    Address

  • Full Address: 32 Meadow Brook Rd
  • Address - House Number: 32
  • Address - Street Name: Meadow Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1024
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,500
  • Initial Tax Delinquent Year: 2009

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 582,373
  • High Value: 672,926
  • Low Value: 491,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,800
  • Assessed Land Value: $204,800
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 629797
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Contract Date: Dec 05, 2019
  • Previous Sale Amount: $189,500
  • 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:

$597,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

95.9 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# 72579402

Frequently Asked Questions

When was property at 32 Meadow Brook Road built and last sold?
The property at 32 Meadow Brook Road was built in 1955 and last sold on Oct 1, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 32 Meadow Brook Road is $529,679.
What are some comparable homes to 32 Meadow Brook Road?
There are currently no comparable homes to 32 Meadow Brook Road.
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