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Gloucester 01930
5 Lynwood Avenue
Photo of 5 Lynwood Avenue
Sold on Sep 29, 2006

1

Map

$330,000
● House - Off Market

5 Lynwood Avenue

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$565,468
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

This 4 bedroom, 2 bath, 1700sf home is ready for a new family! Originally a 1920's small cottage, this home now offers the updates & space of a newer home but the look of its original period! Located on a quiet side street and set on a beautiful lot this home has much to offer. Recent renovations include: updated electrical, plumbing, 700sf addition, roof, and much more. The commuter rail is a stone's throw away as well as rt.128. Motivated Sellers!
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$196
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70444403)

Price History

Date / Event Date Event Price
Sep 29, 2006 Sold
Premium
Sold
Aug 22, 2006 Listed $335,000
Listed
May 1, 2001 Sold
Premium
Sold
Mar 31, 2001 Listed $164,900
Listed

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 502
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,712
  • Gross Building Area: 2,490
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221901

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0219 B:0034 L:0000
  • Block: 34
  • Municipality: GLOUCESTER
  • Latitude: 42.6105
  • Longitude: -70.7045

    Address

  • Full Address: 5 Lynwood Ave
  • Address - House Number: 5
  • Address - Street Name: Lynwood
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 3317
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,200

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 607,681
  • High Value: 705,838
  • Low Value: 509,523

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,400
  • Assessed Land Value: $191,000
  • Assessed Improvements Value: $373,400

    Sales

  • Current Sale Recording Date: Sep 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 01, 2001
  • Previous Sale Amount: $16,490
  • 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 Gloucester

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$448

Below Asking

0.03%

Average Days on Market

58

Average Home Size

2093 ft²

Average Home Age

77 years

Currently For Sale

84 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# 70444403

Frequently Asked Questions

When was property at 5 Lynwood Avenue built and last sold?
The property at 5 Lynwood Avenue was built in 1920 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 5 Lynwood Avenue is $357,272.
What are some comparable homes to 5 Lynwood Avenue?
There are currently no comparable homes to 5 Lynwood Avenue.
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