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Lynn 01904
48 Atkins Ave
$389,000
● House - Off Market

48 Atkins Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,487 Ft²
$577,197
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Large Colonial Close to Flax Pond- Great Neighborhood- Wrap around Farmers Porch-Updated Kitchen features New Cabinets, Granite Counter Tops, 5 Burner Gas Stove, Built in Microwave, Stainless Steel Appliances-Open Living Room/Dining Room with Hardwood Floors and Large Foyer-Sliders off Kitchen to Porch and Yard-1st Floor has a Full Bath off the Family Room and additional Half Bath with Washer and Dryer-2nd Floor has 3 Bedrooms with Hardwood Floors and a 2nd Full Bath- Walk up Attic with a Heated Room- Fence Yard and 1 Car Garage with Plenty of Parking
Unit Size
1,487 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$269
Property Type
House
Property Taxes
$383
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: 6 months ago (MLSPIN #72426074)

Price History

Date / Event Date Event Price
Apr 8, 2019 Sold
Premium
Sold
Nov 21, 2018 Listed by Century 21 North East $399,900
Listed by Century 21 North East
Dec 7, 2010 Sold
Premium
Sold
Oct 4, 2010 Listed by Century 21 North East $219,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 983
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,581
  • Gross Building Area: 3,677
  • Building Area: 1,581
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,581
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:087 B:131 L:015
  • Block: 131
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.4865
  • Longitude: -70.9485

    Address

  • Full Address: 48 Atkins Ave
  • Address - House Number: 48
  • Address - Street Name: Atkins
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2310
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $560,900

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 599,227
  • High Value: 709,752
  • Low Value: 488,703

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,700
  • Assessed Land Value: $193,800
  • Assessed Improvements Value: $338,900

    Sales

  • Current Sale Contract Date: Mar 20, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190408001830
  • Previous Sale Recording Date: Dec 07, 2010
  • Previous Sale Amount: $168,000
  • 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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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: 6 months ago
Data Source: MLS PIN, MLS# 72426074

Frequently Asked Questions

When was property at 48 Atkins Avenue built and last sold?
The property at 48 Atkins Avenue was built in 1900 and last sold on Mar 20, 2019 for $389,000.
How much is this home worth?
The estimated value of the home located at 48 Atkins Avenue is $403,692.
What are some comparable homes to 48 Atkins Avenue?
There are currently no comparable homes to 48 Atkins Avenue.
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