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Lynn 01902
61 Hillside Ave
$220,000
● House - Off Market

61 Hillside Ave

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$416,964
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

This adorable Cape-Cod style home is a must see!  Lovely well kept home on Swampscott-line featuring 2-good-size bedrooms and a full bath.  Beautiful working fireplace.  Nice sliding glass doors off Deck leading into Master Bedroom.  Brand new Roof (2-weeks old).  All windows double-paned.  Hardwood floors throughout.  Hot water tank, gas furnace and electrical all updated 7-years ago.  Freshly painted exterior shutters.  Wooden Fence in front 1-year-old.  Backyard fenced-in with plenty of room for entertaining. Fully insulated Attic that could easily be converted into additional bedrooms.  Clean Basement with plenty of space for storage.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$299
Property Type
House
Property Taxes
$198
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 #71757999)

Price History

Date / Event Date Event Price
Mar 25, 2015 Sold
Premium
Sold
Oct 16, 2014 Listed by RE/MAX Advantage Real Estate $229,900
Listed by RE/MAX Advantage Real Estate
Sep 29, 2006 Sold
Premium
Sold
Jun 7, 2006 Listed by RE/MAX Advantage Real Estate $229,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,052
  • Total Building Area: 768
  • Gross Building Area: 2,535
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000047
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:105 B:427 L:004
  • Block: 427
  • Lot: 4
  • Municipality: LYNN
  • Latitude: 42.4781
  • Longitude: -70.9278

    Address

  • Full Address: 61 Hillside Ave
  • Address - House Number: 61
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1210
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $342,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 371,493
  • High Value: 430,171
  • Low Value: 312,814

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $325,000
  • Assessed Land Value: $108,800
  • Assessed Improvements Value: $216,200

    Sales

  • Current Sale Recording Date: Mar 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32500312
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Amount: $212,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71757999

Frequently Asked Questions

When was property at 61 Hillside Avenue built and last sold?
The property at 61 Hillside Avenue was built in 1950 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 61 Hillside Avenue is $234,251.
What are some comparable homes to 61 Hillside Avenue?
There are currently no comparable homes to 61 Hillside Avenue.
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