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Lynn 01904
39 Edge Hill
$265,000
● House - Off Market

39 Edge Hill

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$389,966
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Located in the desirable Ward 1 neighborhood, is this charming 2 bedroom ranch. Excellent fenced in yard with plenty of space to enjoy this summer. With finished bonus room of the back of the main level and enclosed porch on ground level in the back yard allows for ample sunlight. Attached 1 car garage with breezeway connecting to the the home with excellent flowing floor plan. Finished basement ideal for second bedroom or large family room. Laundry hook-ups located in the basement. Central A/C and for hot air heat by gas. Outdoor patio space and storage shed in the backyard. Open House Sunday 5/21 12pm-2pm. All offers to be presented by Monday 5/22 at 6pm.
Unit Size
950 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$263
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1947

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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 #72167483)

Price History

Date / Event Date Event Price
Jul 17, 2017 Sold
Premium
Sold
May 18, 2017 Listed by Assurance Real Estate, LLC $249,900
Listed by Assurance Real Estate, LLC
Mar 13, 2014 Sold
Premium
Sold
Oct 30, 2013 Listed by Assurance Real Estate, LLC $219,500
Listed by Assurance Real Estate, LLC
May 27, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 572
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 572
  • Gross Building Area: 1,776
  • Building Area: 572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN HILL RIFLE RANGE
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:070 L:013
  • Block: 70
  • Lot: 13
  • Municipality: LYNN
  • Latitude: 42.4956
  • Longitude: -70.9667

    Address

  • Full Address: 39 Edge Hill Rd
  • Address - House Number: 39
  • Address - Street Name: Edge Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1523
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $385,500

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 433,258
  • High Value: 511,488
  • Low Value: 355,029

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,100
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $167,500

    Sales

  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 340
  • Previous Sale Recording Date: Mar 13, 2014
  • Previous Sale Amount: $209,000
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72167483

Frequently Asked Questions

When was property at 39 Edge Hill Road built and last sold?
The property at 39 Edge Hill Road was built in 1947 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 39 Edge Hill Road is $256,854.
What are some comparable homes to 39 Edge Hill Road?
There are currently no comparable homes to 39 Edge Hill Road.
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