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Lynn 01902
47 Briar Hill Drive
$429,900
● House - Off Market

47 Briar Hill Drive

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,026 Ft²
$613,445
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Beautiful renovation in great East Lynn Location , New Kitchen with Granite counters , stainless steel appliances and soft close cabinets and drawers, Tile floor and back splash, Open to Living room with fireplace, Hardwood floors throughout all refinished, New Tile Bath, 3 Bedroom Ranch with room to expand , Basement has rough plumbing for second bath if needed. Large deck off Kitchen and Master bedroom overlooking  large level wooded lot.Multiple offers final and best by Monday 5/13 at 5PM
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$419
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1963

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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 #72496067)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
Apr 30, 2019 Listed by Toner Real Estate, LLC $429,900
Listed by Toner Real Estate, LLC
Nov 13, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 1,026
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,986
  • Total Building Area: 1,026
  • Gross Building Area: 2,340
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:107 B:402 L:039
  • Block: 402
  • Lot: 39
  • Municipality: LYNN
  • Latitude: 42.485
  • Longitude: -70.9339

    Address

  • Full Address: 47 Briar Hill Dr
  • Address - House Number: 47
  • Address - Street Name: Briar Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1007
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $518,700

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 560,043
  • High Value: 659,644
  • Low Value: 460,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,600
  • Assessed Land Value: $213,000
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 602971
  • Previous Sale Recording Date: Nov 13, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O
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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72496067

Frequently Asked Questions

When was property at 47 Briar Hill Drive built and last sold?
The property at 47 Briar Hill Drive was built in 1963 and last sold on Jun 21, 2019 for $429,900.
How much is this home worth?
The estimated value of the home located at 47 Briar Hill Drive is $432,782.
What are some comparable homes to 47 Briar Hill Drive?
There are currently no comparable homes to 47 Briar Hill Drive.
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