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Lynn 01902
58 Upland Rd
$420,000
● House - Off Market

58 Upland Rd

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,559 Ft²
$600,924
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

RENOVATED AND READY!! Great Lynn Location For This 6 Room, 3 Bedroom, 2 Bath Home CAPE with a Beautiful Wrap Around Deck! Granite & Stainless Eat-In Kitchen, Dining Room with Custom Built-Ins, Gorgeous Stone Fireplace Living Room, Gleaming Hardwood Floors, Tons of Natural Light, Master Bedroom Offers a Slider to a Private Deck!  Ceiling Fans and Recessed Lighting, Gorgeous Mature Landscaped Yard and SO MUCH MORE.  Just Waiting for your WELCOME HOME Sign!
Unit Size
1,559 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$269
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1945

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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 #72534238)

Price History

Date / Event Date Event Price
Sep 3, 2019 Sold
Premium
Sold
Jul 15, 2019 Listed by Cameron Real Estate Group $419,999
Listed by Cameron Real Estate Group
Oct 2, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 594
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,397
  • Total Building Area: 1,559
  • Gross Building Area: 2,863
  • Building Area: 1,559
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,559
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000399
  • 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:107 B:405 L:059
  • Block: 405
  • Lot: 59
  • Municipality: LYNN
  • Latitude: 42.4846
  • Longitude: -70.9333

    Address

  • Full Address: 58 Upland Rd
  • Address - House Number: 58
  • Address - Street Name: Upland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1034
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $544,800

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 608,406
  • High Value: 716,608
  • Low Value: 500,205

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $517,400
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $318,600

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190903000910
  • Previous Sale Recording Date: Oct 02, 1989
  • Previous Sale Amount: $157,000
  • 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

59

Average Home Size

2704 ft²

Average Home Age

97.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72534238

Frequently Asked Questions

When was property at 58 Upland Road built and last sold?
The property at 58 Upland Road was built in 1945 and last sold on Aug 28, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 58 Upland Road is $433,690.
What are some comparable homes to 58 Upland Road?
There are currently no comparable homes to 58 Upland Road.
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