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Lynn 01904
50 Harris Road
$385,000
● House - Off Market

50 Harris Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,340 Ft²
$716,402
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

Send your buyers to this beautiful 3 bed, 2 bath home on the Lynnfield line. This charming cape which recently had an addition added is 3340sq/ft with 2000sq/ft of living space. Newer roof with gleaming hardwood floors, updated above ground pool, sprinkler system and a fenced in yard perfect for kids and animals.  House boasts 3 heating and cooling zones. Enjoy a coffee off your composite deck in the summer or a hot chocolate while sitting by your wood stove in the winter. House is less than 2 miles from all major highways. This house is move in ready. Just bring your furniture and enjoy!!
Unit Size
3,340 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$118
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1959

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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 #71782861)

Price History

Date / Event Date Event Price
Mar 31, 2015 Sold
Premium
Sold
Jan 11, 2015 Listed by Keller Williams Realty $395,000
Listed by Keller Williams Realty
Jan 3, 1997 Sold
Premium
Sold
Jun 5, 1996 Listed by Keller Williams Realty $129,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 808
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,756
  • Total Building Area: 2,000
  • Gross Building Area: 3,616
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000178
  • 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:056 L:038
  • Block: 56
  • Lot: 38
  • Municipality: LYNN
  • Latitude: 42.5017
  • Longitude: -70.9756

    Address

  • Full Address: 50 Harris Rd
  • Address - House Number: 50
  • Address - Street Name: Harris
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1337
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,100

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 708,774
  • High Value: 831,834
  • Low Value: 585,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,600
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $434,000

    Sales

  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 560429
  • Previous Sale Recording Date: Jan 03, 1997
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 43
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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2536 ft²

Average Home Age

96.5 years

Currently For Sale

163 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71782861

Frequently Asked Questions

When was property at 50 Harris Road built and last sold?
The property at 50 Harris Road was built in 1959 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 50 Harris Road is $439,074.
What are some comparable homes to 50 Harris Road?
There are currently no comparable homes to 50 Harris Road.
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