For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lynn 01902
32 Michigan
Photo of 32 Michigan
Sold on Nov 14, 2025

35

Map

Photo of 32 Michigan
Photo of 32 Michigan
$560,000
● House - Off Market

32 Michigan

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,548 Ft²
$3,185
Est. Monthly
5.60%
Cap Rate

About This Property

Nestled near the coast in East Lynn you will find 32 Michigan Ave, an inviting home ready for its new chapter. This single family residence near the Swampscott line is positioned on a 7200 square feet lot, with a 1548 square feet living area, offering 3 bedrooms ,1.5 baths.  Built in 1900 with sizable high ceilinged rooms ,some with hardwood floors. The paved driveway provides plenty of off street parking. Extra storage is provided by the backyard shed. The walkout basement has a workshop and plenty of room for laundry.  Whether you are a home buyer or investor this home has plenty of potential. Conveniently located with access to the commuter rail and bus lines. Don't miss your chance to unlock the hidden value in this promising property.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$355
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 12 months ago (MLSPIN #73425412)

Price History

Date / Event Date Event Price
Nov 14, 2025 Sold
Premium
Sold
Sep 23, 2025 In contract -
In contract
Sep 16, 2025 Price Decreased $549,000
↓ $50K (8.4%)
Price Decreased
Sep 3, 2025 Listed by VRG Massachusetts LLC $599,000
Listed by VRG Massachusetts LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • 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: 906
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,199
  • Total Building Area: 1,548
  • Gross Building Area: 2,603
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: R4

Geography

  • Parcel: LYNN M:103 B:546 L:018
  • Block: 546
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4684
  • Longitude: -70.9258

    Address

  • Full Address: 32 Michigan Ave
  • Address - House Number: 32
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 1934
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 604,275
  • High Value: 699,723
  • Low Value: 508,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,900
  • Assessed Land Value: $205,100
  • Assessed Improvements Value: $313,800
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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2495 ft²

Average Home Age

98.4 years

Currently For Sale

154 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: 12 months ago
Data Source: MLS PIN, MLS# 73425412

Frequently Asked Questions

When was property at 32 Michigan Avenue built and last sold?
The property at 32 Michigan Avenue was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 32 Michigan Avenue is $0.
What are some comparable homes to 32 Michigan Avenue?
There are currently no comparable homes to 32 Michigan Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lynn Homes for Sale
Lynn Houses for Sale
Lynn Condos for Sale
Lynn Townhouses for Sale
Lynn Multifamily for Sale
Lynn Land for Sale
Lynn Commercial for Sale
Lynn Homes with Basements
Nearby Cities
Cambridge Homes for Sale
Somerville Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
North End Real Estate
Peabody Town Center Real Estate
East Cambridge Real Estate
Glenwood Real Estate
Nearby Counties
Cambridge Homes for Sale
Somerville Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Top Real Estate Agents
Top Agents in Lynn
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970