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Lynn 01904
52 Longhill Road
$335,000
● House - Off Market

52 Longhill Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,092 Ft²
$488,021
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Don't miss this opportunity to live in desirable Ward 1 near the Lynnfield/Peabody line! Presenting this three bedroom, one and half bath ranch located on a cul de sac in a quiet neighborhood. The first level greets you with an open concept kitchen, dining and living room with a beautiful brick fireplace.  The property offers you hardwood floors throughout the living room, dinning room & all 3 of the bedrooms.  The three season sunroom off the kitchen is warm and bright with sunlight pouring in. Updates include but are not limited to: newer roof, windows, heating system and updated electrical panel.  There is also a finished lower level for additional living space with a walk out to the backyard. Close To Shopping, Schools, Golf Course and Easy Access To the Highway. Only a 15 minute drive to Boston.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$302
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1964

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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 #72393890)

Price History

Date / Event Date Event Price
Oct 31, 2018 Sold
Premium
Sold
Sep 12, 2018 Listed by RE/MAX TRIFECTA $329,900
Listed by RE/MAX TRIFECTA
Oct 29, 1999 Sold
Premium
Sold
Sep 7, 1999 Listed $179,900
Listed
LOVELY RANCH ON CUL DE SAC. SLIDERS FROM DINING AREA TO THREE SEASONS PORCH.TITLE V APPROVED.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,436
  • Total Building Area: 1,092
  • Gross Building Area: 2,208
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000285
  • 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:063 B:052 L:011
  • Block: 52
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.5054
  • Longitude: -70.9802

    Address

  • Full Address: 52 Longhill Rd
  • Address - House Number: 52
  • Address - Street Name: Longhill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1321
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $450,500

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 547,027
  • High Value: 678,963
  • Low Value: 415,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,800
  • Assessed Land Value: $179,000
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 181031004520
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Amount: $335,000
  • 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:

$596,450

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72393890

Frequently Asked Questions

When was property at 52 Longhill Road built and last sold?
The property at 52 Longhill Road was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 52 Longhill Road is $339,100.
What are some comparable homes to 52 Longhill Road?
There are currently no comparable homes to 52 Longhill Road.
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