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Lynn 01904
50 Range Heights Road
$180,500
● House - Off Market

50 Range Heights Road

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,432 Ft²
$771,823
RealtyHop Estimate
306.44%
Since Nov 1, 1997
MA-Boston
Primary Model

About This Property

VERY CAREFULLY MAINTAINED HOME IN PRIME WARD I AREA... MBR HAS 2 DOUBLE CLOSETS, HUGE FINISHED BASEMENT W/GREAT IN-LAW SET-UP, LARGE LEVEL FENCED YARD. A MUST SEE!!!
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$78
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #30176418)

Price History

Date / Event Date Event Price
Sep 21, 2016 Sold
Premium
Sold
Nov 20, 1998 Sold
Premium
Sold
Jul 18, 1998 Listed $209,900
Listed
LARGE RANCH IN WARD ONE RELO COMPANY SALE CALL PAT FOR DETAILS
Oct 1, 1997 Sold
Premium
Sold
Jul 24, 1997 Listed by Carlson GMAC Real Estate $189,900
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,366
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,500
  • Total Building Area: 1,558
  • Gross Building Area: 4,075
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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:077 B:065 L:032
  • Block: 65
  • Lot: 32
  • Municipality: LYNN
  • Latitude: 42.4984
  • Longitude: -70.9662

    Address

  • Full Address: 50 Range Heights Rd
  • Address - House Number: 50
  • Address - Street Name: Range Heights
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1561
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $738,900

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 675,464
  • High Value: 803,996
  • Low Value: 546,932

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,700
  • Assessed Land Value: $221,900
  • Assessed Improvements Value: $479,800

    Sales

  • Current Sale Contract Date: Sep 14, 2016
  • Current Sale Recording Date: Sep 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 575527
  • Previous Sale Recording Date: Sep 21, 2016
  • Previous Sale Contract Date: Sep 14, 2016
  • Previous Sale Amount: $293,334
  • Previous Sale Document Type: O
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

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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 years ago
Data Source: MLS PIN, MLS# 30176418

Frequently Asked Questions

When was property at 50 Range Heights Road built and last sold?
The property at 50 Range Heights Road was built in 1958 and last sold on Sep 14, 2016 for $146,666.
How much is this home worth?
The estimated value of the home located at 50 Range Heights Road is $241,842.
What are some comparable homes to 50 Range Heights Road?
There are currently no comparable homes to 50 Range Heights Road.
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