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Lynn 01905
65 Walnut Park
$460,000
● House - Off Market

65 Walnut Park

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$540,180
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Home Sweet Home!  This well maintained ranch is situated on a quiet side street on the Lynn/Saugus line and convenient to the highway, shopping centers, schools and Lynn Woods Reservation. The first floor features a spacious kitchen that opens into the living room.  Down the hall are 3 good size bedrooms with hardwood floors and a full bath.  The finished basement consists of a 3/4 bath, laundry and plenty of storage making this a great bonus area.  Enjoy outdoor living with a fenced in yard, great deck, patio and an above ground pool perfect for entertaining.  You will not want to miss this one!  Sale is subject to seller finding suitable housing. First showing will be at the OPEN HOUSE on 8/22 from 11-12:30.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$388
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72712048)

Price History

Date / Event Date Event Price
Oct 7, 2020 Sold
Premium
Sold
Aug 19, 2020 Listed by RE/MAX 360 $419,000
Listed by RE/MAX 360
Nov 2, 2005 Sold
Premium
Sold
Aug 18, 2005 Listed by RE/MAX 360 $339,900
Listed by RE/MAX 360

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 942
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,092
  • Total Building Area: 1,080
  • Gross Building Area: 2,134
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:023 B:366 L:027
  • Block: 366
  • Lot: 27
  • Municipality: LYNN
  • Latitude: 42.4717
  • Longitude: -70.9866

    Address

  • Full Address: 65 Walnut Park
  • Address - House Number: 65
  • Address - Street Name: Walnut
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1342
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,500

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 599,445
  • High Value: 702,957
  • Low Value: 495,934

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,400
  • Assessed Land Value: $205,300
  • Assessed Improvements Value: $305,100

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201007004470
  • Previous Sale Recording Date: Nov 02, 2005
  • Previous Sale Amount: $331,250
  • 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:

$590,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2470 ft²

Average Home Age

96.8 years

Currently For Sale

161 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: 5 months ago
Data Source: MLS PIN, MLS# 72712048

Frequently Asked Questions

When was property at 65 Walnut Park built and last sold?
The property at 65 Walnut Park was built in 1955 and last sold on Oct 1, 2020 for $480,000.
How much is this home worth?
The estimated value of the home located at 65 Walnut Park is $422,582.
What are some comparable homes to 65 Walnut Park?
There are currently no comparable homes to 65 Walnut Park.
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