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Lynn 01902
53 Lambert Avenue
$362,000
● House - Off Market

53 Lambert Avenue

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,503 Ft²
$461,871
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Pride of ownership shines throughout this amazing!! well maintained 3 bedroom 1 bathroom colonial single family home located in Lynn near the Swampscott town line with the beach 1 mile away. Home features hardwood floors throughout. Exterior features paved driveways with access to your fenced in yard. Close to Shopping, Parks, The swampscott Commuter rail. No showings until the Open House 3/03 11am-1pm. Don't miss this opportunity.
Unit Size
1,503 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$213
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1900

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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 #72458719)

Price History

Date / Event Date Event Price
Apr 8, 2019 Sold
Premium
Sold
Feb 28, 2019 Listed by Lamacchia Realty, Inc. $319,999
Listed by Lamacchia Realty, Inc.
Oct 20, 2014 Sold
Premium
Sold
Jul 28, 2014 Listed by Lamacchia Realty, Inc. $269,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 621
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,791
  • Total Building Area: 1,503
  • Gross Building Area: 2,733
  • Building Area: 1,503
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,503
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • District: 163
  • Parcel: LYNN M:096 B:466 L:008
  • Block: 466
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4772
  • Longitude: -70.9329

    Address

  • Full Address: 53 Lambert Ave
  • Address - House Number: 53
  • Address - Street Name: Lambert
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1654
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,400

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 566,518
  • High Value: 670,541
  • Low Value: 462,496

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,100
  • Assessed Land Value: $179,900
  • Assessed Improvements Value: $353,200

    Sales

  • Current Sale Contract Date: Apr 08, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190408001070
  • Previous Sale Recording Date: Oct 20, 2014
  • Previous Sale Amount: $269,000
  • 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# 72458719

Frequently Asked Questions

When was property at 53 Lambert Avenue built and last sold?
The property at 53 Lambert Avenue was built in 1900 and last sold on Apr 8, 2019 for $367,000.
How much is this home worth?
The estimated value of the home located at 53 Lambert Avenue is $338,628.
What are some comparable homes to 53 Lambert Avenue?
There are currently no comparable homes to 53 Lambert Avenue.
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