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Lynn 01902
4 Rowell Ave
$250,000
● House - Off Market

4 Rowell Ave

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$414,653
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Beautifully maintained home inside and out.  Large open living room with  columns, working fireplace.  HW Floors throughout house.  Dining room with built-ins, HW floor and ceiling fan.  Eat-in-Kitchen offers many updates and leads to cute back deck with window box flowers.  3 Good-sized bedrooms, all with nice sun-light. Large bath!  Welcoming enclosed porch entrance with peaceful seating area. New garage door & windows. Ideal for first time home buyers!  Miint move in condition! Exceptional value!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$187
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1910

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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 #71836142)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
May 13, 2015 Listed by Century 21 Hughes $239,000
Listed by Century 21 Hughes

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • 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: 16
  • Exterior Walls Type: 19
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,895
  • Total Building Area: 1,280
  • Gross Building Area: 2,394
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENMERE PARK
  • Land Acres: 0000000066
  • 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: R1

Geography

  • Parcel: LYNN M:085 B:489 L:018
  • Block: 489
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4775
  • Longitude: -70.9448

    Address

  • Full Address: 4 Rowell Ave
  • Address - House Number: 4
  • Address - Street Name: Rowell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C040
  • 4-Digit Zip Code: 2606
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,100

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 546,475
  • High Value: 649,981
  • Low Value: 442,969

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,200
  • Assessed Land Value: $180,500
  • Assessed Improvements Value: $326,700

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118
  • Previous Sale Recording Date: Aug 10, 2011
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 71836142

Frequently Asked Questions

When was property at 4 Rowell Avenue built and last sold?
The property at 4 Rowell Avenue was built in 1910 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 4 Rowell Avenue is $255,529.
What are some comparable homes to 4 Rowell Avenue?
There are currently no comparable homes to 4 Rowell Avenue.
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