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Lynn 01902
37 Wardwell Avenue
$265,000
● House - Off Market

37 Wardwell Avenue

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$452,581
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

This nicely updated three bedroom, two bathroom single family is located just blocks to the ocean and is within walking distance to the Swampscott commuter rail.  Featuring a beautifully tiled eat-in kitchen with ample cabinet space this house also has a large living room, a family room that has sliding glass doors that lead out to a wonderful deck overlooking the fenced-in yard, a big master bedroom with a private balcony, and an unfinished walk-up attic that is sectioned off into rooms that offer expansion potential! This house's cheerful interior is characterized by a multitude of windows and by its appealing wood trim. Privately located down a paved, right of way drive this house has 3-4 parking spaces and a private storage shed. Currently tenanted until May 31, 2015.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$152
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1900

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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 #71800932)

Price History

Date / Event Date Event Price
Jun 29, 2015 Sold
Premium
Sold
Mar 13, 2015 Listed by WEICHERT, REALTORS® - Channing Real Estate $259,900
Listed by WEICHERT, REALTORS® - Channing Real Estate
Jan 14, 2005 Sold
Premium
Sold
Aug 27, 2004 Listed by WEICHERT, REALTORS® - Channing Real Estate $289,900
Listed by WEICHERT, REALTORS® - Channing Real Estate
Jul 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,233
  • Total Building Area: 1,712
  • Gross Building Area: 3,656
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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: R1

Geography

  • Parcel: LYNN M:103 B:546 L:049
  • Block: 546
  • Lot: 49
  • Municipality: LYNN
  • Latitude: 42.4683
  • Longitude: -70.9263

    Address

  • Full Address: 37 Wardwell Ave
  • Address - House Number: 37
  • Address - Street Name: Wardwell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 1947
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,000

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 534,784
  • High Value: 630,710
  • Low Value: 438,857

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,500
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $296,500

    Sales

  • Current Sale Recording Date: Jun 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 602
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Amount: $285,000
  • 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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2503 ft²

Average Home Age

97.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71800932

Frequently Asked Questions

When was property at 37 Wardwell Avenue built and last sold?
The property at 37 Wardwell Avenue was built in 1900 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 37 Wardwell Avenue is $284,589.
What are some comparable homes to 37 Wardwell Avenue?
There are currently no comparable homes to 37 Wardwell Avenue.
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