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Lynn 01904
347 Western Ave
Photo of 347 Western Ave

13

Map

Photo of 347 Western Ave
Photo of 347 Western Ave
$489,900
↓ $5K (1%)
● House - For Sale

347 Western Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,456 Ft²
$2,835
Est. Monthly

About This Property

Great location and plenty of potential! This three-bedroom, 1.5-bath home offers the possibility of a fourth bedroom, home office, or bonus room. A detached garage provides additional parking and storage. Bring your finishing touches and make this home your own while building equity in a desirable location. Don't miss this opportunity!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$336
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1892

Listed By

Evan Russell
Century 21 North East Homes

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 hours ago (MLSPIN #73582943)

Price History

Date / Event Date Event Price
Nov 4, 2026 Price Decreased $489,900
↓ $5K (1%)
Price Decreased
Oct 26, 2026 Price Decreased $494,900
↓ $5K (1%)
Price Decreased
Sep 26, 2026 Listed by Century 21 North East $499,900
Listed by Century 21 North East
Jul 8, 2008 Sold
Premium
Sold
Feb 26, 2008 Listed by Century 21 North East $164,900
Listed by Century 21 North East
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Paved, Off Street
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Refrigerator, Washer, Dryer
Flooring Type: Wood, Vinyl
Rooms: 8
Basement: Full, Unfinished
Exterior Details
Square Footage: 1456
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1892
Building Area Total: 1456
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Water Source: Public
Financial Details
Tax Assessed Value: $500,200
Tax Annual Amount: $5,152
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,790
  • Total Building Area: 1,456
  • Gross Building Area: 2,634
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 205500

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:071 B:256 L:039
  • Block: 256
  • Lot: 39
  • Municipality: LYNN
  • Latitude: 42.4735
  • Longitude: -70.9527

    Address

  • Full Address: 347 Western Ave
  • Address - House Number: 347
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C045
  • 4-Digit Zip Code: 3023
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,700

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 496,920
  • High Value: 625,274
  • Low Value: 368,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,200
  • Assessed Land Value: $169,900
  • Assessed Improvements Value: $274,300

    Sales

  • Current Sale Recording Date: Jul 08, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 12, 2007
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: 34
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:

$592,450

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2498 ft²

Average Home Age

97.4 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: 6 hours ago
Data Source: MLS PIN, MLS# 73582943

Frequently Asked Questions

When was property at 347 Western Avenue built and last sold?
The property at 347 Western Avenue was built in 1892 and last sold on Jan 1, 1970 for $162,500.
How much is this home worth?
The estimated value of the home located at 347 Western Avenue is $472,247.
What are some comparable homes to 347 Western Avenue?
There are currently no comparable homes to 347 Western Avenue.
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