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Lynn 01904
53 Broadway
Photo of 53 Broadway
Sold on Jun 21, 2006

1

Map

$315,000
● House - Off Market

53 Broadway

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,620 Ft²
$594,058
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

LOCATION, Location, location. Spacious 2-3 bedroom Colonial located on Brown's Pond. (Great water views)Large eat-in kitchen with sliders onto the back deck and jacuzzi. Formal dinning room, living room with fireplace, walk-up heated attic, and a finished basement with 1/2 bath for extended living space. Gleaming hardwood floors thru-out. Wash/dryer hook-up in kitchen, and many extras.... Plenty of room for the whole family. This is a must see.  Not a drive-by.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$204
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1930

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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 #70354400)

Price History

Date / Event Date Event Price
Sep 16, 2010 Sold
Premium
Sold
Feb 9, 2010 Listed $225,000
Listed
Jun 22, 2006 Sold
Premium
Sold
Mar 21, 2006 Listed $329,900
Listed
Jul 31, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 874
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,601
  • Total Building Area: 1,680
  • Gross Building Area: 3,356
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOREN B COOK
  • Land Acres: 0000000106
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:089 B:100 L:037
  • Block: 100
  • Lot: 37
  • Municipality: LYNN
  • Latitude: 42.4949
  • Longitude: -70.9577

    Address

  • Full Address: 53 Broadway
  • Address - House Number: 53
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1858
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $557,000

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 598,649
  • High Value: 712,925
  • Low Value: 484,372

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,000
  • Assessed Land Value: $193,100
  • Assessed Improvements Value: $335,900

    Sales

  • Current Sale Recording Date: Sep 16, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 22, 2006
  • Previous Sale Amount: $315,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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 months ago
Data Source: MLS PIN, MLS# 70354400

Frequently Asked Questions

When was property at 53 Broadway Circle built and last sold?
The property at 53 Broadway Circle was built in 1930 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 53 Broadway Circle is $250,568.
What are some comparable homes to 53 Broadway Circle?
There are currently no comparable homes to 53 Broadway Circle.
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