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Lynn 01904
428 Broadway
$261,000
● House - Off Market

428 Broadway

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,028 Ft²
$572,567
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Not to miss! Ward one,all updated colonial with each room being prettier than the next!  Just move right in to this 3/4 bedroom home with cozy yard and deck.  Lower level family room with bar is great space and the "extra" room on this level as many options.Roof 1999, kitchen 2005, vinyl siding 2005, hot water heater 2010, living room/sunroom 2011. 2 Car garage has high roof line offering additional storage space and long driveway accommodates offstreet parking. L1 zoning. Sisson elementary.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$136
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1900

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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 #71415702)

Price History

Date / Event Date Event Price
Oct 31, 2012 Sold
Premium
Sold
Jul 30, 2012 Listed by RE/MAX Advantage Real Estate $274,900
Listed by RE/MAX Advantage Real Estate
Apr 2, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,289
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,992
  • Total Building Area: 2,029
  • Gross Building Area: 3,780
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 3

    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: 205200

Zoning

  • Zoning: LI

Geography

  • Parcel: LYNN M:073 B:177 L:014
  • Block: 177
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.4825
  • Longitude: -70.9565

    Address

  • Full Address: 428 Broadway
  • Address - House Number: 428
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lynn
  • Carrier Code: C030
  • 4-Digit Zip Code: 2644
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 642,141
  • High Value: 756,840
  • Low Value: 527,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,400
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $401,300

    Sales

  • Current Sale Recording Date: Oct 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Apr 02, 1993
  • Previous Sale Amount: $100,000
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71415702

Frequently Asked Questions

When was property at 428 Broadway built and last sold?
The property at 428 Broadway was built in 1900 and last sold on Jan 1, 1970 for $261,000.
How much is this home worth?
The estimated value of the home located at 428 Broadway is $297,982.
What are some comparable homes to 428 Broadway?
There are currently no comparable homes to 428 Broadway.
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