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Lynn 01905
34 Farrell Rd
$273,000
● House - Off Market

34 Farrell Rd

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,272 Ft²
$474,871
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

MULTIPLE OFFER NOTIFICATION - Please bring highest and best by 6PM 8/16/14 Move right into this Veteran's Village Cape right on Sylvan Feld Square. Let the kids play on the back yard and ride their bikes thru this establish neighborhood while you enjoy the convenience of a renovated kitchen, new stainless steel appliances and fireplace. Plenty of space for the whole family. Property even features a partially finished basement! Property has new bamboo floor on the second level and brand new roof. Great value and much betten than paying rent! Call for your private showing today. This one will go fast!
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$204
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1948

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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: 6 months ago (MLSPIN #71727356)

Price History

Date / Event Date Event Price
Oct 10, 2014 Sold
Premium
Sold
Aug 11, 2014 Listed by United Brokers $259,974
Listed by United Brokers
Apr 30, 2014 Sold
Premium
Sold
Feb 6, 2014 Listed by United Brokers $219,900
Listed by United Brokers
Oct 18, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,272
  • Gross Building Area: 2,585
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:022 B:341 L:023
  • Block: 341
  • Lot: 23
  • Municipality: LYNN
  • Latitude: 42.4669
  • Longitude: -70.9783

    Address

  • Full Address: 34 Farrell Rd
  • Address - House Number: 34
  • Address - Street Name: Farrell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1408
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,800

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 586,401
  • High Value: 686,895
  • Low Value: 485,907

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,600
  • Assessed Land Value: $199,300
  • Assessed Improvements Value: $314,300

    Sales

  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101000247
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Amount: $183,500
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2405 ft²

Average Home Age

96.1 years

Currently For Sale

151 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: 6 months ago
Data Source: MLS PIN, MLS# 71727356

Frequently Asked Questions

When was property at 34 Farrell Road built and last sold?
The property at 34 Farrell Road was built in 1948 and last sold on Jan 1, 1970 for $273,000.
How much is this home worth?
The estimated value of the home located at 34 Farrell Road is $268,718.
What are some comparable homes to 34 Farrell Road?
There are currently no comparable homes to 34 Farrell Road.
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