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Lynn 01902
5 Trenton Ter
$475,000
● House - Off Market

5 Trenton Ter

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,251 Ft²
$467,511
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Gorgeous Panoramic Views! Beautiful home near the top of a dead end hill. Four bedrooms, two full baths, spacious, recently re-done kitchen and dining room. Many windows to let in natural light. Deck and yard for outdoor entertaining and enjoying the views. Driveway and two car garage.  UNFORTUNATELLY DUE TO FAMILY EMERGENCY THE OPEN HOUSE SCHEDULED FOR 1/16/2022 HAS BEEN CANCELLED.
Unit Size
1,251 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$360
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1880

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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 #72910982)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Premium
Sold
Oct 20, 2021 Listed by William Raveis R.E. & Home Services $449,900
Listed by William Raveis R.E. & Home Services
Aug 21, 2019 Sold
Premium
Sold
Nov 21, 2016 Sold
Premium
Sold
Sep 8, 2016 Listed by William Raveis R.E. & Home Services $259,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 803
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,370
  • Total Building Area: 1,251
  • Gross Building Area: 2,359
  • Building Area: 1,251
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,251
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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: 206200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:070 B:675 L:033
  • Block: 675
  • Lot: 33
  • Municipality: LYNN
  • Latitude: 42.4712
  • Longitude: -70.9511

    Address

  • Full Address: 5 Trenton Ter
  • Address - House Number: 5
  • Address - Street Name: Trenton
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C054
  • 4-Digit Zip Code: 3719
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,200
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 508,070
  • High Value: 629,538
  • Low Value: 386,603

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,200
  • Assessed Land Value: $197,300
  • Assessed Improvements Value: $293,900

    Sales

  • Current Sale Contract Date: Mar 24, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220324002320
  • Previous Sale Recording Date: Aug 21, 2019
  • Previous Sale Contract Date: Aug 21, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 55
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

2424 ft²

Average Home Age

96 years

Currently For Sale

148 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: 6 months ago
Data Source: MLS PIN, MLS# 72910982

Frequently Asked Questions

When was property at 5 Trenton Terrace built and last sold?
The property at 5 Trenton Terrace was built in 1880 and last sold on Mar 24, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 5 Trenton Terrace is $452,341.
What are some comparable homes to 5 Trenton Terrace?
There are currently no comparable homes to 5 Trenton Terrace.
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