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Lynn 01904
69 Edge Hill Road
$501,000
● House - Off Market

69 Edge Hill Road

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
964 Ft²
$406,335
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Charming 2 bedroom home in Ward One. Home features spacious kitchen with stainless appliances , breakfast bar, cherry cabinets and opens to separate dining area  which has great light with slider that leads to a 2 tier deck. Comfortable living room with bay window for natural light. Updated full tiled bath with vaulted ceiling and skylight Generous master bedroom with good storage. If you like to entertain , there is an enormous  separate " party room"  with large bar and is heated by propane .Second bedroom on first floor has a built in space for desk area. Enjoy the front porch and the expansive 2 tier deck for summer evenings. One car detached garage with storage space and also a separate shed. Great House.
Unit Size
964 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$415
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1930

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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 #72972119)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
Apr 26, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $399,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Apr 28, 2017 Sold
Premium
Sold
Feb 22, 2017 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $309,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Apr 14, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 240
  • 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: 964
  • Gross Building Area: 1,808
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAST HILL
  • 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:076 B:070 L:017
  • Block: 70
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4952
  • Longitude: -70.9659

    Address

  • Full Address: 69 Edge Hill Rd
  • Address - House Number: 69
  • Address - Street Name: Edge Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1523
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 520,298
  • High Value: 616,265
  • Low Value: 424,332

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,200
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $238,600

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220624001310
  • Previous Sale Recording Date: Apr 28, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 55
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72972119

Frequently Asked Questions

When was property at 69 Edge Hill Road built and last sold?
The property at 69 Edge Hill Road was built in 1930 and last sold on Jun 24, 2022 for $501,000.
How much is this home worth?
The estimated value of the home located at 69 Edge Hill Road is $396,154.
What are some comparable homes to 69 Edge Hill Road?
There are currently no comparable homes to 69 Edge Hill Road.
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