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Lynn 01905
41 Walnut Park
$337,000
● House - Off Market

41 Walnut Park

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,034 Ft²
$490,088
RealtyHop Estimate
53.15%
Since Mar 1, 2018
MA-Boston
Primary Model

About This Property

This Ranch style single family home is located on the Lynn/Saugus line with 3 bedrooms and 1 and a 1/2 baths. A great location allowing convenient access to Lynn Woods Reservation, the highway, and shopping centers. This property is set on a level lot and offers plenty of potential. Enjoy the view of your large fenced in yard from the back deck. With a partially finished basement and a half bath there is added space for entertaining. A few more highlights are the hardwood floors throughout under the carpet and CENTRAL AIR! So bring your personal touch and come see for yourself all this home has to offer! OPEN HOUSE 12/21 from 5:00-6:00pm.
Unit Size
1,034 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$309
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #72264695)

Price History

Date / Event Date Event Price
Feb 15, 2018 Sold
Premium
Sold
Dec 16, 2017 Listed by Newhall Real Estate $320,000
Listed by Newhall Real Estate
Dec 16, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,016
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,368
  • Total Building Area: 1,034
  • Gross Building Area: 2,341
  • Building Area: 1,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,034
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:024 B:366 L:022
  • Block: 366
  • Lot: 22
  • Municipality: LYNN
  • Latitude: 42.4722
  • Longitude: -70.9876

    Address

  • Full Address: 41 Walnut Park
  • Address - House Number: 41
  • Address - Street Name: Walnut
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1342
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,400

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 577,846
  • High Value: 683,812
  • Low Value: 471,881

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,100
  • Assessed Land Value: $218,200
  • Assessed Improvements Value: $296,900

    Sales

  • Current Sale Recording Date: Feb 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180215003560
  • Previous Sale Recording Date: Dec 16, 2002
  • Previous Sale Amount: $270,000
  • 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:

$592,493

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2478 ft²

Average Home Age

97.2 years

Currently For Sale

160 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# 72264695

Frequently Asked Questions

When was property at 41 Walnut Park built and last sold?
The property at 41 Walnut Park was built in 1955 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 41 Walnut Park is $329,219.
What are some comparable homes to 41 Walnut Park?
There are currently no comparable homes to 41 Walnut Park.
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