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Lynn 01904
54 Emerald Drive
$499,000
● House - Off Market

54 Emerald Drive

Lynn, MA 01904
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,948 Ft²
$945,154
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model

About This Property

FANTASTIC 6YR YOUNG,CTR.ENT.COL.FARMERS PORCH,SPRINKLER SYSTEM,CA,5 BEDROOMS,OR ,4+ OFFICE,GREAT RM.KIT.WITH SPARKLEING HARDWOOD FLOORS,MANY CUSTOM  FEATURES, LG DECK WITH ABGROUND  POOL....ALL THIS PLUS ONE OF LYNN'S MOST PRESTIGEOUS NEIGHBORHOOD.
Unit Size
2,948 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$170
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
2001

Payment Calculator

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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 #70527784)

Price History

Date / Event Date Event Price
Sep 24, 2007 Sold
Premium
Sold
Feb 18, 2007 Listed by Century 21 Tradition $499,900
Listed by Century 21 Tradition

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,959
  • Total Building Area: 2,190
  • Gross Building Area: 4,056
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000389
  • 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:047 B:013 L:089
  • Block: 13
  • Lot: 89
  • Municipality: LYNN
  • Latitude: 42.5003
  • Longitude: -70.9896

    Address

  • Full Address: 54 Emerald Dr
  • Address - House Number: 54
  • Address - Street Name: Emerald
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1255
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $856,700

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 855,250
  • High Value: 999,808
  • Low Value: 710,691

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $813,600
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $614,700

    Sales

  • Current Sale Recording Date: Sep 24, 2007
  • Current Sale Price:
    Premium
  • Current 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

2698 ft²

Average Home Age

97.9 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# 70527784

Frequently Asked Questions

When was property at 54 Emerald Drive built and last sold?
The property at 54 Emerald Drive was built in 2001 and last sold on Jan 1, 1970 for $499,000.
How much is this home worth?
The estimated value of the home located at 54 Emerald Drive is $0.
What are some comparable homes to 54 Emerald Drive?
There are currently no comparable homes to 54 Emerald Drive.
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