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Lynn 01902
39 Highland Ave
$337,000
● House - Off Market

39 Highland Ave

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,275 Ft²
$530,999
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Hidden gem !... very well maintained 6 plus  room, 3 bedroom ranch on quiet dead end street...offers oversized eat - in cabinet kitchen with upgraded granite countertops.....entertainment sized living room...lovely formal dining room with impressive full wall built-in china closet...three generous bedrooms...plus .finished walk out basement with in-law potential. features.family room...separate kitchen area...walk-in cedar closet...laundry area ..separate shower and toilet ...newer gas FHW 2 zone heat...completely fenced in yard , has large concrete patio area with outdoor stone fireplace...a house you'll be proud to call home !  showings start at Open House Sunday April 30th from 1:00 to 2:30 pm
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$266
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1966

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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: 4 months ago (MLSPIN #72152362)

Price History

Date / Event Date Event Price
Jun 16, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by A. James Lynch, Inc. $339,000
Listed by A. James Lynch, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,275
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,023
  • Total Building Area: 1,275
  • Gross Building Area: 2,562
  • Building Area: 1,275
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,275
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 206800

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:083 B:708 L:021
  • Block: 708
  • Lot: 21
  • Municipality: LYNN
  • Latitude: 42.4701
  • Longitude: -70.9428

    Address

  • Full Address: 39 Highland Ave
  • Address - House Number: 39
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C048
  • 4-Digit Zip Code: 3513
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 540,031
  • High Value: 639,190
  • Low Value: 440,871

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,700
  • Assessed Land Value: $178,400
  • Assessed Improvements Value: $268,300

    Sales

  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 643
  • Previous Sale Recording Date: Mar 01, 2005
  • 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:

$597,900

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2533 ft²

Average Home Age

96.5 years

Currently For Sale

163 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# 72152362

Frequently Asked Questions

When was property at 39 Highland Avenue built and last sold?
The property at 39 Highland Avenue was built in 1966 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 39 Highland Avenue is $350,358.
What are some comparable homes to 39 Highland Avenue?
There are currently no comparable homes to 39 Highland Avenue.
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