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Lynn 01904
45 Basse Road
$565,000
● House - Off Market

45 Basse Road

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$488,633
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to this lovely well maintained Ranch offering  5+ rooms, 3 bedrooms, full bath. Located on side st abbutting Lynn Woods Conservation. Kitchen with S/S appliances, open concept to dining area, spacious and bright fireplace living room with hard wood floor, 3 good size bedrooms, good closets and hardwood floors,newer remolded full tile bath, lower level semi finished with bonus room, roof & front steps approximately 10yrs, Furnance & central air approximately 15 yrs Don't miss this one! Listing agent is related to seller.  Showings start at Open House Saturday June 24th 12-2pm& Sunday June 25th 12-2pm  Any and all offers deadline Monday June 26th 12pm Thank you!
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$467
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1961

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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 #73128200)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 27, 2023 In contract -
In contract
Jun 22, 2023 Listed by Carpenito Real Estate, Inc. $489,900
Listed by Carpenito Real Estate, Inc.
Aug 9, 2005 Sold
Premium
Sold
Feb 22, 2005 Listed by Carpenito Real Estate, Inc. $314,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,050
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,503
  • Total Building Area: 1,050
  • Gross Building Area: 2,175
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: R2

Geography

  • Parcel: LYNN M:058 B:184 L:017
  • Block: 184
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4826
  • Longitude: -70.9691

    Address

  • Full Address: 45 Basse Rd
  • Address - House Number: 45
  • Address - Street Name: Basse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C011
  • 4-Digit Zip Code: 1209
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 503,987
  • High Value: 579,577
  • Low Value: 428,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,700
  • Assessed Land Value: $186,700
  • Assessed Improvements Value: $273,000

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230728003190
  • Previous Sale Recording Date: Aug 09, 2005
  • Previous Sale Amount: $313,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73128200

Frequently Asked Questions

When was property at 45 Basse Road built and last sold?
The property at 45 Basse Road was built in 1961 and last sold on Jul 28, 2023 for $565,000.
How much is this home worth?
The estimated value of the home located at 45 Basse Road is $486,203.
What are some comparable homes to 45 Basse Road?
There are currently no comparable homes to 45 Basse Road.
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