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Lynn 01904
65 Saunders Rd
$505,000
● House - Off Market

65 Saunders Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,339 Ft²
$495,395
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to this recently renovated starter home! Located in desirable East Lynn. This home has gleaming hardwood floors throughout, main level features the kitchen, living room, dining room, bedroom and 1 full bath. On the second floor you will find 2 well sized bedrooms. Home has been newly renovated with fresh paint, manicured landscaping and new tile in the bathroom.  Basement is fully finished which can be used as livable space. Two car driveway and offers street parking as well. Close to Lakeshore Park and Gannon Municipal Golf Course. Come see your new home today!
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$373
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1949

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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 #73131658)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 12, 2023 In contract -
In contract
Jul 3, 2023 Listed by Cameron Prestige, LLC $499,000
Listed by Cameron Prestige, LLC
Dec 11, 1997 Sold
Premium
Sold
Sep 23, 1997 Listed by Cameron Prestige, LLC $139,900
Listed by Cameron Prestige, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,832
  • Total Building Area: 1,339
  • Gross Building Area: 2,745
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • 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:090 B:068 L:043
  • Block: 68
  • Lot: 43
  • Municipality: LYNN
  • Latitude: 42.4976
  • Longitude: -70.9625

    Address

  • Full Address: 65 Saunders Rd
  • Address - House Number: 65
  • Address - Street Name: Saunders
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1547
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,100

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 578,739
  • High Value: 728,226
  • Low Value: 429,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,700
  • Assessed Land Value: $199,900
  • Assessed Improvements Value: $260,800

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230818003950
  • Previous Sale Recording Date: Dec 11, 1997
  • Previous Sale Amount: $121,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73131658

Frequently Asked Questions

When was property at 65 Saunders Road built and last sold?
The property at 65 Saunders Road was built in 1949 and last sold on Aug 18, 2023 for $505,000.
How much is this home worth?
The estimated value of the home located at 65 Saunders Road is $505,759.
What are some comparable homes to 65 Saunders Road?
There are currently no comparable homes to 65 Saunders Road.
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