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Lynn 01905
44 Purdon Ave
$260,000
● House - Off Market

44 Purdon Ave

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,372 Ft²
$416,825
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

***MULTIPLE OFFER NOTIFICATION!! PLEASE SUBMIT ALL FINAL, HIGHEST AND BEST OFFERS NO LATER THAN 10:45AM ON FRIDAY, May 6, 2016!!!*** Fannie Mae HomePath property! This three bedroom home is ready for your finishing touches. Located in the popular Veteran's Village section of West Lynn, this cape-style home is the perfect place for your new home. The first floor affords a kitchen, dining room, living room with fireplace, bedroom, dining room and full bathroom. The second floor offers two more bedrooms and an additional full bathroom. There are also expansion possibilities in the basement as well. The home offers a good-sized lot with plenty of off-street parking and is close proximity to many local amenities. This could be a great home so schedule your appointment today!
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$182
Property Type
House
Property Taxes
$349
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 #71952576)

Price History

Date / Event Date Event Price
Jul 18, 2016 Sold
Premium
Sold
Jan 26, 2016 Listed by Century 21 Hughes $249,900
Listed by Century 21 Hughes
Mar 24, 2015 Sold
Premium
Sold
Jul 31, 1996 Sold
Premium
Sold
May 15, 1996 Listed by Connor Real Estate $129,900
Listed by Connor Real Estate
CUSTOM OAK CABINETS..3SEASON PORCH..CENTRAL AIR NEW ANDERSON WINDOWS..FENCED IN YARD WITH PATIO..ALL MODERN

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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 796
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 1,372
  • Gross Building Area: 2,662
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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:022 B:349 L:002
  • Block: 349
  • Lot: 2
  • Municipality: LYNN
  • Latitude: 42.4662
  • Longitude: -70.9797

    Address

  • Full Address: 44 Purdon Ave
  • Address - House Number: 44
  • Address - Street Name: Purdon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1402
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,100

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 559,102
  • High Value: 647,415
  • Low Value: 470,790

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,500
  • Assessed Land Value: $201,300
  • Assessed Improvements Value: $281,200

    Sales

  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 563
  • Previous Sale Recording Date: Mar 24, 2015
  • Previous Sale Amount: $291,267
  • Previous Sale Document Type: 34
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71952576

Frequently Asked Questions

When was property at 44 Purdon Avenue built and last sold?
The property at 44 Purdon Avenue was built in 1950 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 44 Purdon Avenue is $267,718.
What are some comparable homes to 44 Purdon Avenue?
There are currently no comparable homes to 44 Purdon Avenue.
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