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Lynn 01904
60 Harris Rd
$610,000
● House - Off Market

60 Harris Rd

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,736 Ft²
$3,467
Est. Monthly

About This Property

Welcome home to 60 Harris Road! This colonial home has 3 levels of living space, 3 baths, and 4 bedrooms, with one on the main level. First floor offers spacious living room, eat-in kitchen with lots of cabinetry, full bath, and bedroom. Upstairs are 3 more bedrooms, one with a huge walk-in closet, and full bath with oversized tub and separate shower. On the lower level is a finished family room, 3/4 bath, laundry, and two additional rooms which could be used in multiple ways; office, playroom, storage, etc. In the private backyard there is a patio area and an above-ground pool. This home is in an excellent commuter location, close to the Lynnfield line, Rt 1 and 128.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$346
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1950

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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 #73259801)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Aug 21, 2024 In contract -
In contract
Aug 15, 2024 Relisted $599,900
Relisted
Aug 7, 2024 In contract -
In contract
Jul 25, 2024 Relisted $599,900
Relisted
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 1,736
  • Gross Building Area: 2,719
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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:078 B:056 L:036
  • Block: 56
  • Lot: 36
  • Municipality: LYNN
  • Latitude: 42.502
  • Longitude: -70.9758

    Address

  • Full Address: 60 Harris Rd
  • Address - House Number: 60
  • Address - Street Name: Harris
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C052
  • 4-Digit Zip Code: 1337
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $624,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 651,582
  • High Value: 749,309
  • Low Value: 553,854

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $593,200
  • Assessed Land Value: $176,400
  • Assessed Improvements Value: $416,800

    Sales

  • Current Sale Recording Date: Jun 02, 2004
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 55208
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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 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: 4 months ago
Data Source: MLS PIN, MLS# 73259801

Frequently Asked Questions

When was property at 60 Harris Road built and last sold?
The property at 60 Harris Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 60 Harris Road is $605,255.
What are some comparable homes to 60 Harris Road?
There are currently no comparable homes to 60 Harris Road.
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