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Lynn 01904
41 Alison Way
$430,000
● House - Off Market

41 Alison Way

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,358 Ft²
$751,269
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Magnificent 3 Bedroom, 2.5 Bath Colonial Beautifully Situated on Ward 1 Cul-de-Sac! Master Suite w/Jacuzzi Tub & Shower. Fireplaced Living Room, Formal Dining Room & Large Family Room w/Skylights. Eat-in Granite Kitchen feat. SS Appliances, Cathedral Ceilings & Sliders to Back Deck Overlooking Professionally Landscaped Tree-Lined Backyard w/Sprinkler System. Built-In ACs, C/Vac & Intercom System. 1st Floor Hardwood Floors, Wall to Wall Carpet in Bedrooms and Family Room. 2 Car Garage. 3 Zone Heat w/ option for 4th Zone to Finish Walk-Out Basement w/High Ceilings. In-Law Potential.
Unit Size
2,358 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$182
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1989

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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 #71850736)

Price History

Date / Event Date Event Price
Oct 30, 2015 Sold
Premium
Sold
Jun 4, 2015 Listed by Toner Real Estate, LLC $429,900
Listed by Toner Real Estate, LLC
Dec 30, 2010 Sold
Premium
Sold
Aug 10, 2010 Listed by Toner Real Estate, LLC $340,000
Listed by Toner Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,461
  • Total Building Area: 2,358
  • Gross Building Area: 4,528
  • Building Area: 2,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:061 B:021 L:056
  • Block: 21
  • Lot: 56
  • Municipality: LYNN
  • Latitude: 42.4989
  • Longitude: -70.9752

    Address

  • Full Address: 41 Alison Way
  • Address - House Number: 41
  • Address - Street Name: Alison
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1442
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $788,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 812,087
  • High Value: 953,083
  • Low Value: 671,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $748,400
  • Assessed Land Value: $209,200
  • Assessed Improvements Value: $539,200

    Sales

  • Current Sale Recording Date: Oct 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 802
  • Previous Sale Recording Date: Dec 30, 2010
  • Previous Sale Amount: $327,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71850736

Frequently Asked Questions

When was property at 41 Alison Way built and last sold?
The property at 41 Alison Way was built in 1989 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 41 Alison Way is $455,239.
What are some comparable homes to 41 Alison Way?
There are currently no comparable homes to 41 Alison Way.
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