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Lynn 01902
39 Allen Ave
$90,000
● House - Off Market

39 Allen Ave

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,314 Ft²
$146,587
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

OPEN HOUSE TUESDAYS 5:30PM TO 6:30PM FOR NON HUD APPROVED AGENTS AND THE PUBLIC!!!! If you are a HUD registered broker you do not need to set up an appointment or notify the HUD designated MLS Listing Broker when you want to show one of our HUD Homes. Please use your HUD key for access anytime. INSURABILITY CODE:(UI)..HUD CASE #251-317530. NO WARRANTIES, GUARANTEES OR REPRESENTATION EITHER EXPRESSED OR IMPLIED BY BROKER OR OWNER. SOLD IN 'AS-IS' CONDITION.
Unit Size
1,314 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$55
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1911

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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 #71412208)

Price History

Date / Event Date Event Price
Aug 29, 2012 Sold
Premium
Sold
Jul 20, 2012 Listed by Cantave Realty Group, Inc. $72,000
Listed by Cantave Realty Group, Inc.
Nov 1, 2002 Sold
Premium
Sold
Sep 4, 2002 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $209,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
CHANDELIER IS NOT STAYING

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 698
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,709
  • Total Building Area: 1,314
  • Gross Building Area: 2,920
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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:084 B:694 L:022
  • Block: 694
  • Lot: 22
  • Municipality: LYNN
  • Latitude: 42.4744
  • Longitude: -70.9473

    Address

  • Full Address: 39 Allen Ave
  • Address - House Number: 39
  • Address - Street Name: Allen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C040
  • 4-Digit Zip Code: 2701
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 535,901
  • High Value: 620,549
  • Low Value: 451,253

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,200
  • Assessed Land Value: $171,900
  • Assessed Improvements Value: $271,300

    Sales

  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 29, 2012
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2462 ft²

Average Home Age

96.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71412208

Frequently Asked Questions

When was property at 39 Allen Avenue built and last sold?
The property at 39 Allen Avenue was built in 1911 and last sold on Jan 1, 1970 for $90,000.
How much is this home worth?
The estimated value of the home located at 39 Allen Avenue is $96,432.
What are some comparable homes to 39 Allen Avenue?
There are currently no comparable homes to 39 Allen Avenue.
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