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Lynn 01902
575 Eastern Avenue
Photo of 575 Eastern Avenue
Sold on Aug 10, 2011

1

Map

$160,000
● House - Off Market

575 Eastern Avenue

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,730 Ft²
$391,919
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Large Dutch Colonial home with unique charming features!  This home has many new updates: heating system, brand new windows through out,  slider,  half bath with laundry hook up, all completed in 2009. Hard wood floors, walk up attic with plenty of room for more expansion, Nice sun porch for reading or office space. Private back yard, plenty of parking  Great place to call home .
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$109
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1906

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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 months ago (MLSPIN #71156522)

Price History

Date / Event Date Event Price
Aug 10, 2011 Sold
Premium
Sold
Oct 28, 2010 Listed by Tache Real Estate, Inc. $189,000
Listed by Tache Real Estate, Inc.
Sep 27, 2006 Sold
Premium
Sold
Apr 24, 2006 Listed by Tache Real Estate, Inc. $329,000
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 786
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,693
  • Total Building Area: 1,796
  • Gross Building Area: 3,746
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISSAC NEWHALL
  • Land Acres: 0000000154
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:098 B:401 L:050
  • Block: 401
  • Lot: 50
  • Municipality: LYNN
  • Latitude: 42.4831
  • Longitude: -70.9386

    Address

  • Full Address: 575 Eastern Ave
  • Address - House Number: 575
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C034
  • 4-Digit Zip Code: 1446
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 625,836
  • High Value: 724,690
  • Low Value: 526,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,800
  • Assessed Land Value: $191,300
  • Assessed Improvements Value: $354,500

    Sales

  • Current Sale Recording Date: Aug 10, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 27, 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2539 ft²

Average Home Age

96.3 years

Currently For Sale

162 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 months ago
Data Source: MLS PIN, MLS# 71156522

Frequently Asked Questions

When was property at 575 Eastern Avenue built and last sold?
The property at 575 Eastern Avenue was built in 1906 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 575 Eastern Avenue is $219,070.
What are some comparable homes to 575 Eastern Avenue?
There are currently no comparable homes to 575 Eastern Avenue.
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