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Lynn 01904
42 Millard Ave.
$133,000
● House - Off Market

42 Millard Ave.

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath
$523,307
RealtyHop Estimate
280.59%
Since Jun 1, 1998
MA-Boston
Primary Model

About This Property

WARD 1 ADORABLE AND AFFORDABLE.  PRETTY BOW WINDOW IN FIRE- PLACED LIVINGROOM, LARGE EAT IN KITCHEN, FAMILY ROOM IN BSMT HARDWOOD FLOORS, NEW FURNACE WITHIN LAST YEAR. NOTE:  THERE IS NO SIGN ON THE PROPERTY.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$173
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: 4 years ago (MLSPIN #30205245)

Price History

Date / Event Date Event Price
May 1, 1998 Sold
Premium
Sold
Feb 16, 1998 Listed $137,500
Listed
Oct 28, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,999
  • Total Building Area: 1,604
  • Gross Building Area: 2,758
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:070 L:042
  • Block: 70
  • Lot: 42
  • Municipality: LYNN
  • Latitude: 42.4957
  • Longitude: -70.9681

    Address

  • Full Address: 42 Millard Ave
  • Address - House Number: 42
  • Address - Street Name: Millard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1732
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,100

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 598,566
  • High Value: 708,183
  • Low Value: 488,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,700
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $338,100

    Sales

  • Current Sale Recording Date: May 01, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 69231
  • Previous Sale Recording Date: Oct 28, 1993
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 43
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:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 years

Currently For Sale

162 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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Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30205245

Frequently Asked Questions

When was property at 42 Millard Avenue built and last sold?
The property at 42 Millard Avenue was built in 1950 and last sold on Jan 1, 1970 for $133,000.
How much is this home worth?
The estimated value of the home located at 42 Millard Avenue is $0.
What are some comparable homes to 42 Millard Avenue?
There are currently no comparable homes to 42 Millard Avenue.
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