For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lynn 01905
499 Walnut St
$359,900
● House - Off Market

499 Walnut St

Lynn, MA 01905
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
775 Ft²
$451,095
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Great opportunity to build sweat equity with this super cute condo alternative - a rare find in this market! Situated on larger 6k+ square foot lot, this adorable single family home offers an open floor plan, stainless steel appliances, 2 bedrooms &1.5 baths. Slider off the kitchen opens to the deck and fabulous yard. The exterior features private back yard perfect for entertaining, complete with bar area awaiting your fresh ideas to restore it to its former glory. Ample parking, younger roof and unlimited potential!Conveniently located on the Lynn/Saugus line near Lynn Woods Reservation with easy access to Route 1 and shopping. Easy to show!  OFFERS DUE TUES 8/18 @3pm
Unit Size
775 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$451
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1880

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72709808)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Aug 14, 2020 Listed by Leading Edge Real Estate $349,900
Listed by Leading Edge Real Estate
Dec 2, 2009 Sold
Premium
Sold
Feb 26, 2009 Sold
Premium
Sold
Dec 18, 2008 Listed by Leading Edge Real Estate $40,900
Listed by Leading Edge Real Estate
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,217
  • Total Building Area: 775
  • Gross Building Area: 1,900
  • Building Area: 775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 775
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:024 B:387 L:015
  • Block: 387
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.4735
  • Longitude: -70.9864

    Address

  • Full Address: 499 Walnut St
  • Address - House Number: 499
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1016
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,100

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 421,267
  • High Value: 528,089
  • Low Value: 314,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $409,400
  • Assessed Land Value: $195,700
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201005004310
  • Previous Sale Recording Date: Dec 02, 2009
  • Previous Sale Amount: $105,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72709808

Frequently Asked Questions

When was property at 499 Walnut Street built and last sold?
The property at 499 Walnut Street was built in 1880 and last sold on Sep 30, 2020 for $359,000.
How much is this home worth?
The estimated value of the home located at 499 Walnut Street is $348,115.
What are some comparable homes to 499 Walnut Street?
There are currently no comparable homes to 499 Walnut Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lynn Homes for Sale
Lynn Houses for Sale
Lynn Condos for Sale
Lynn Townhouses for Sale
Lynn Multifamily for Sale
Lynn Land for Sale
Lynn Commercial for Sale
Lynn Homes with Basements
Nearby Cities
Cambridge Homes for Sale
Somerville Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
North End Real Estate
Peabody Town Center Real Estate
East Cambridge Real Estate
Glenwood Real Estate
Nearby Counties
Cambridge Homes for Sale
Somerville Homes for Sale
Salem Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Top Real Estate Agents
Top Agents in Lynn
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970