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Lynn 01904
49 Anchor Road
$775,000
● House - Off Market

49 Anchor Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,809 Ft²
$733,359
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Desirable Ward One location!!! Gracious Colonial of exceptional quality, design and decor. The gas fireplace living room is open to the dining room. Spacious kitchen with ample cabinetry and counter space has stainless appliances, granite counters, pantry cabinets, and breakfast bar. The kitchen is open to a very generous family room with cathedral ceiling, skylights, fan, and great natural light from wall of windows. Three bedrooms on the second floor with a stunning new bath. Sitting area in breezeway with slider to composite deck. One car garage with attached workshop. Home has central air, security with cameras, central vac, newer roof and gas heating system. One owner home shows great pride in ownership!!! Pristine!!
Unit Size
1,809 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$403
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1968

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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 #73092461)

Price History

Date / Event Date Event Price
May 18, 2023 Sold
Premium
Sold
Apr 5, 2023 In contract -
In contract
Mar 29, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $729,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,268
  • Total Building Area: 1,809
  • Gross Building Area: 3,831
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:062 B:018 L:019
  • Block: 18
  • Lot: 19
  • Municipality: LYNN
  • Latitude: 42.5004
  • Longitude: -70.9792

    Address

  • Full Address: 49 Anchor Rd
  • Address - House Number: 49
  • Address - Street Name: Anchor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1405
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $715,400

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 748,390
  • High Value: 878,536
  • Low Value: 618,245

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,400
  • Assessed Land Value: $210,500
  • Assessed Improvements Value: $468,900

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 644319
  • Previous Sale Recording Date: Jun 12, 2015
  • Previous Sale Contract Date: May 28, 2015
  • 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# 73092461

Frequently Asked Questions

When was property at 49 Anchor Road built and last sold?
The property at 49 Anchor Road was built in 1968 and last sold on May 18, 2023 for $775,000.
How much is this home worth?
The estimated value of the home located at 49 Anchor Road is $740,253.
What are some comparable homes to 49 Anchor Road?
There are currently no comparable homes to 49 Anchor Road.
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