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Lynn 01904
59 Quinn Rd
$510,000
● House - Off Market

59 Quinn Rd

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$553,897
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Ward One!  Totally Updated Cape on a Corner Lot near the Lynnfield line that features an Attached Garage, Large Finished Basement, and much more.  Recent Updates include a Totally Updated Kitchen with Stainless Steel Appliances and Quartz Counters, Updated Bathroom, Refinished Hardwood Floors, New Windows Throughout, New Basement Carpet, Freshly Painted, and a New Bulkhead with access to the Backyard.   The Walk Up Attic offers a great opportunity to Add Value with Additional Living Space and Bedrooms. This home is located in a Quiet Residential Neighborhood, with easy access to highways, shopping areas, Lynn Woods Reservation, Gannon Golf Course, and medical facilities...No showings until the first Open House on Thursday 8/11 from 5-6:30pm.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$389
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #73023247)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Aug 9, 2022 Listed by RE/MAX 360 $524,900
Listed by RE/MAX 360
Dec 29, 2015 Sold
Premium
Sold
Aug 20, 2015 Listed by RE/MAX 360 $309,000
Listed by RE/MAX 360
Mar 13, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 800
  • Gross Building Area: 2,912
  • Building Area: 800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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:063 B:013 L:020
  • Block: 13
  • Lot: 20
  • Municipality: LYNN
  • Latitude: 42.5017
  • Longitude: -70.9854

    Address

  • Full Address: 59 Quinn Rd
  • Address - House Number: 59
  • Address - Street Name: Quinn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1222
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 548,411
  • High Value: 649,562
  • Low Value: 447,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $511,300
  • Assessed Land Value: $204,600
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220926000340
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Amount: $305,000
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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: 5 months ago
Data Source: MLS PIN, MLS# 73023247

Frequently Asked Questions

When was property at 59 Quinn Road built and last sold?
The property at 59 Quinn Road was built in 1952 and last sold on Sep 23, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 59 Quinn Road is $522,245.
What are some comparable homes to 59 Quinn Road?
There are currently no comparable homes to 59 Quinn Road.
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