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Lynn 01904
38 Sheehan Road
Photo of 38 Sheehan Road
Sold on May 28, 2010

1

Map

$275,500
● House - Off Market

38 Sheehan Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,032 Ft²
$573,848
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

Priced to Sell ~ Wyoma Square Area. This Ranch style home has been in the same family for decades. The current Sellers have UPDATED almost every inch over the last 10 years. New woodwork & Doors (2010), New Bathroom (2009), Front Door (2008), Back Porch (2008), Roof (2007), HW Tank (2006), Central Air (2006), Deck (2005), Family Rm & Bathroom in LL (2003).   Almost every window has also been replaced.  Beautiful Hardwood Floors & a Wonderful Kitchen!  You'll want to move right in!
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$274
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1954

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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: 4 months ago (MLSPIN #71041289)

Price History

Date / Event Date Event Price
May 27, 2010 Sold
Premium
Sold
Mar 3, 2010 Listed $282,900
Listed
Jul 18, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,032
  • Gross Building Area: 2,374
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ONE GREEN STREET
  • Land Acres: 0000000161
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:099 B:133 L:022
  • Block: 133
  • Lot: 22
  • Municipality: LYNN
  • Latitude: 42.4875
  • Longitude: -70.9465

    Address

  • Full Address: 38 Sheehan Rd
  • Address - House Number: 38
  • Address - Street Name: Sheehan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2436
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,000

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 587,903
  • High Value: 691,112
  • Low Value: 484,694

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,200
  • Assessed Land Value: $204,900
  • Assessed Improvements Value: $339,300

    Sales

  • Current Sale Recording Date: May 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 509581
  • Previous Sale Recording Date: Jul 18, 2000
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 48
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

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 71041289

Frequently Asked Questions

When was property at 38 Sheehan Road built and last sold?
The property at 38 Sheehan Road was built in 1954 and last sold on Jan 1, 1970 for $275,500.
How much is this home worth?
The estimated value of the home located at 38 Sheehan Road is $291,391.
What are some comparable homes to 38 Sheehan Road?
There are currently no comparable homes to 38 Sheehan Road.
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