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Lynn 01904
321 Western Ave
$272,000
● House - Off Market

321 Western Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,212 Ft²
$472,418
RealtyHop Estimate
65.76%
Since Nov 1, 2016
MA-Boston
Primary Model

About This Property

Come see this nice single family with 3 bed room, 2 an a half bath with open dining room and living room concept. Its walking distance to Lynn English High School, Public Transportation, Post Office and Fraser Field. It has an paved back yard, with plenty of parking. Property will be sold as is.
Unit Size
1,212 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$235
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1910

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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 #72045196)

Price History

Date / Event Date Event Price
Oct 21, 2016 Sold
Premium
Sold
Jul 28, 2016 Listed by Mass Broker Services $285,000
Listed by Mass Broker Services
Aug 9, 2012 Sold
Premium
Sold
Nov 2, 2011 Listed by Mass Broker Services $185,000
Listed by Mass Broker Services
Dec 19, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 596
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,625
  • Total Building Area: 1,212
  • Gross Building Area: 1,990
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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:253 L:039
  • Block: 253
  • Lot: 39
  • Municipality: LYNN
  • Latitude: 42.4746
  • Longitude: -70.9517

    Address

  • Full Address: 321 Western Ave
  • Address - House Number: 321
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C045
  • 4-Digit Zip Code: 3024
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,900

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 523,527
  • High Value: 606,220
  • Low Value: 440,833

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,700
  • Assessed Land Value: $162,400
  • Assessed Improvements Value: $275,300

    Sales

  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 655
  • Previous Sale Recording Date: Aug 09, 2012
  • Previous Sale Amount: $185,000
  • 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:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 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# 72045196

Frequently Asked Questions

When was property at 321 Western Avenue built and last sold?
The property at 321 Western Avenue was built in 1910 and last sold on Jan 1, 1970 for $272,000.
How much is this home worth?
The estimated value of the home located at 321 Western Avenue is $293,103.
What are some comparable homes to 321 Western Avenue?
There are currently no comparable homes to 321 Western Avenue.
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