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Lynn 01902
320 Western Avenue
$249,900
● House - Off Market

320 Western Avenue

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,307 Ft²
$455,612
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Pride of ownership is readily apparent in this lovely  Colonial home. Many updates throughout, including  new furnace and Central air new insulation throughout the house,  newer lighting fixtures throughout, and so much more. Wonderful level yard and home has one car garage and driveway for plenty of off-street parking... with cathedral ceiling . neighborhood setting is extremely convenient to schools, shopping, highways, and public transportation. Previous owners upgraded roof, high efficient windows,  and updated  porch. The back yard is your own private fenced-in , patio area, and  landscaped lawn.  This is truly a MOVE-IN home  in a great location....
Unit Size
1,307 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$191
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1920

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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 #71708102)

Price History

Date / Event Date Event Price
Sep 26, 2014 Sold
Premium
Sold
Jul 2, 2014 Listed by Connor Real Estate $249,900
Listed by Connor Real Estate
Dec 23, 2008 Sold
Premium
Sold
Sep 29, 2008 Listed by Connor Real Estate $149,500
Listed by Connor Real Estate
Aug 26, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 743
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,135
  • Total Building Area: 1,307
  • Gross Building Area: 2,602
  • Building Area: 1,307
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:071 B:683 L:007
  • Block: 683
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4744
  • Longitude: -70.9512

    Address

  • Full Address: 320 Western Ave
  • Address - House Number: 320
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C045
  • 4-Digit Zip Code: 3016
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,100

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 549,816
  • High Value: 654,438
  • Low Value: 445,193

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,300
  • Assessed Land Value: $164,800
  • Assessed Improvements Value: $340,500

    Sales

  • Current Sale Recording Date: Sep 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92600352
  • Previous Sale Recording Date: Dec 23, 2008
  • Previous Sale Amount: $153,000
  • 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:

$589,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2470 ft²

Average Home Age

96.1 years

Currently For Sale

162 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# 71708102

Frequently Asked Questions

When was property at 320 Western Avenue built and last sold?
The property at 320 Western Avenue was built in 1920 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 320 Western Avenue is $261,656.
What are some comparable homes to 320 Western Avenue?
There are currently no comparable homes to 320 Western Avenue.
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