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Lynn 01905
41 Moffett Road
$292,000
● House - Off Market

41 Moffett Road

Lynn, MA 01905
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$448,684
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

GREAT EXPANSION POSSIBILITIES HERE! Come see this adorable well loved cape, white picket fence and all. So much to offer. This home is perfect for a buyer who wants  to expand as their family grows. The second level has great available space  for a huge master suite .Large open space with 8 feet ceilings could add additional living space opportunities in the basement. kitchen and bath are nicely updated. Lovely fireplace in this spacious living room. Windows are updated. Gas heat, Great mud room and nicely landscaped yard with a roomy shed. Great space for the dog and kids to play.
Unit Size
1,016 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$265
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1950

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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 #72003183)

Price History

Date / Event Date Event Price
Jul 14, 2016 Sold
Premium
Sold
May 11, 2016 Listed by REALTY WORLD - Forest Realty $269,000
Listed by REALTY WORLD - Forest Realty
Jun 22, 2007 Sold
Premium
Sold
May 1, 2007 Listed by REALTY WORLD - Forest Realty $279,900
Listed by REALTY WORLD - Forest Realty
Jun 17, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,016
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,016
  • Gross Building Area: 3,004
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VETERAN HOUSING SEC 03
  • Land Acres: 0000000116
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:021 B:344 L:013
  • Block: 344
  • Lot: 13
  • Municipality: LYNN
  • Latitude: 42.4645
  • Longitude: -70.9802

    Address

  • Full Address: 41 Moffett Rd
  • Address - House Number: 41
  • Address - Street Name: Moffett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1464
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,400

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 531,837
  • High Value: 632,436
  • Low Value: 431,238

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,000
  • Assessed Land Value: $199,300
  • Assessed Improvements Value: $261,700

    Sales

  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 284
  • Previous Sale Recording Date: Jun 22, 2007
  • Previous Sale Amount: $279,900
  • 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:

$594,993

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2441 ft²

Average Home Age

96 years

Currently For Sale

158 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: 5 months ago
Data Source: MLS PIN, MLS# 72003183

Frequently Asked Questions

When was property at 41 Moffett Road built and last sold?
The property at 41 Moffett Road was built in 1950 and last sold on Jan 1, 1970 for $292,000.
How much is this home worth?
The estimated value of the home located at 41 Moffett Road is $275,551.
What are some comparable homes to 41 Moffett Road?
There are currently no comparable homes to 41 Moffett Road.
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