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Lynn 01905
50 Walnut St
Photo of 50 Walnut St
Sold on Aug 26, 2025

34

Map

Photo of 50 Walnut St
Photo of 50 Walnut St
$530,000
● House - Off Market

50 Walnut St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,201 Ft²
$2,994
Est. Monthly
6.68%
Cap Rate

About This Property

**BACK ON MARKET DUE TO BUYER FINANCING. HOME IS VACANT, READY FOR A QUICK CLOSE! Welcome to 50 Walnut St, a well-maintained 3-bedroom, 2-bathroom Colonial nestled in the heart of West Lynn. Offering over 1,200 square feet of living space, this home is the perfect blend of classic charm and modern convenience. Step inside to find a flexible first-floor layout featuring a bedroom and full bathroom, ideal for guests, a home office, or convenient single-level living. Upstairs, you'll find two additional spacious bedrooms and another full bathroom, providing comfortable accommodations for the whole family. Enjoy summer days in your fenced-in backyard oasis, complete with an above-ground pool and two off-street parking spots-a rare find in this area.
Unit Size
1,201 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$437
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1915

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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: 2 years ago (MLSPIN #73381261)

Price History

Date / Event Date Event Price
Aug 26, 2025 Sold
Premium
Sold
Aug 3, 2025 In contract -
In contract
Jul 16, 2025 Relisted $524,900
Relisted
Jun 6, 2025 In contract -
In contract
May 28, 2025 Listed by United Brokers $499,900
Listed by United Brokers
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,657
  • Total Building Area: 1,201
  • Gross Building Area: 2,130
  • Building Area: 1,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,201
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:038 B:321 L:003
  • Block: 321
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4687
  • Longitude: -70.9672

    Address

  • Full Address: 50 Walnut St
  • Address - House Number: 50
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1603
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $478,200

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 494,400
  • High Value: 588,776
  • Low Value: 400,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,100
  • Assessed Land Value: $171,400
  • Assessed Improvements Value: $282,700

    Sales

  • Current Sale Recording Date: Oct 31, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 01, 1996
  • Previous Sale Amount: $55,100
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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: 2 years ago
Data Source: MLS PIN, MLS# 73381261

Frequently Asked Questions

When was property at 50 Walnut Street built and last sold?
The property at 50 Walnut Street was built in 1915 and last sold on Jan 1, 1970 for $144,900.
How much is this home worth?
The estimated value of the home located at 50 Walnut Street is $0.
What are some comparable homes to 50 Walnut Street?
There are currently no comparable homes to 50 Walnut Street.
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