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Lynn 01904
61 Bellevue Road
$180,000
● House - Off Market

61 Bellevue Road

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$652,801
RealtyHop Estimate
251.16%
Since Apr 1, 1999
MA-Boston
Primary Model

About This Property

GREAT PINE HILL LOCATION WITH DRAMATIC VIEWS OF THE HARBOR. LOWER LEVEL FAMILY ROOM HAS "PERGO" FLOORING.  PATIO TO POOL AREA HAS A HEATED FISH POND, MOTION CUSTOM EXTERIOR LIGHTS AND MANY OTHER UPGRADES.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1987

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 #30274654)

Price History

Date / Event Date Event Price
Aug 14, 2003 Sold
Premium
Sold
May 8, 2003 Listed by Century 21 N. Shore $314,900
Listed by Century 21 N. Shore
Mar 31, 1999 Sold
Premium
Sold
Nov 9, 1998 Listed by Century 21 N. Shore $185,900
Listed by Century 21 N. Shore

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,900
  • Total Building Area: 1,056
  • Gross Building Area: 2,206
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:216 L:015
  • Block: 216
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.47
  • Longitude: -70.9674

    Address

  • Full Address: 61 Bellevue Rd
  • Address - House Number: 61
  • Address - Street Name: Bellevue
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 2807
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,100

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 573,131
  • High Value: 673,746
  • Low Value: 472,515

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,800
  • Assessed Land Value: $176,600
  • Assessed Improvements Value: $357,200

    Sales

  • Current Sale Contract Date: Aug 28, 2015
  • Current Sale Recording Date: Sep 03, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 565155
  • Previous Sale Recording Date: Aug 14, 2003
  • Previous Sale Amount: $314,900
  • Previous Sale Document Type: 48
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30274654

Frequently Asked Questions

When was property at 61 Bellevue Road built and last sold?
The property at 61 Bellevue Road was built in 1987 and last sold on Aug 28, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 61 Bellevue Road is $328,144.
What are some comparable homes to 61 Bellevue Road?
There are currently no comparable homes to 61 Bellevue Road.
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