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Lynn 01904
64 Broadway
$573,365
● House - Off Market

64 Broadway

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,402 Ft²
$3,422
Est. Monthly

About This Property

Great Colonial located on Lynn/Peabody Line.  Walk in to bright and sunny living room with fireplace and hardwood floor.  Kitchen has white cabinets, granite countertops, stainless steel appliances and sliding doors leading out to back deck overlooking the yard.  Dining area has closet and hardwood floors. 2nd Floor offers 3 good size bedrooms with hardwood floors and walk up attic.  Full tile bath with granite sink and linen closet.  Basement is not finished but has potential to be. Heating system approx 10 years old, New Roof, New Windows, New Driveway. Detached 1 car garage .
Unit Size
1,402 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$427
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1925

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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 #73213567)

Price History

Date / Event Date Event Price
Jul 10, 2024 Sold
Premium
Sold
Mar 18, 2024 Listed by Core Real Estate $599,000
Listed by Core Real Estate
Apr 18, 2023 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 722
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,402
  • Gross Building Area: 2,892
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:089 B:113 L:027
  • Block: 113
  • Lot: 27
  • Municipality: LYNN
  • Latitude: 42.4943
  • Longitude: -70.9574

    Address

  • Full Address: 64 Broadway
  • Address - House Number: 64
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1869
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $576,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 653,676
  • High Value: 705,783
  • Low Value: 601,569

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,200
  • Assessed Land Value: $188,700
  • Assessed Improvements Value: $358,500

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 20230418003560
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:

$599,000

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# 73213567

Frequently Asked Questions

When was property at 64 Broadway Circle built and last sold?
The property at 64 Broadway Circle was built in 1925 and last sold on Mar 9, 2023 for $289,000.
How much is this home worth?
The estimated value of the home located at 64 Broadway Circle is $602,349.
What are some comparable homes to 64 Broadway Circle?
There are currently no comparable homes to 64 Broadway Circle.
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