$270,000
●
Condo -
Off Market
7 Chase Ln #7
Lynn, MA 01902
2 Beds
2 Baths,
1
Half Bath
1,410 Ft²
$519,081
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model
About This Property
Just a few blocks from the ocean, this bright and sunny townhouse
style condo is located in Chase Estates, Lynn's Diamond District.
Features include eat-in kitchen and dining room with walkout to
private deck, fireplaced living room, cathedral ceilings,
skylights, 1.5 baths, finished basement. Enjoy the beautiful
surroundings from your private deck and have the convenience of 2
car parking that abuts the unit. Pet friendly.
Unit Size
1,410 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
Condo
Property Taxes
$233
HOA Dues
$200
Year Built
1984
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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: 5 years ago (MLSPIN #70472050)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Triple 7 Real Estate, Inc. | $359,900 | |
| Listed by Triple 7 Real Estate, Inc. | |||
| | |||
|
Diamond District move-in ready condo with tons of natural sunlight and just a few blocks from the ocean. Features include skylights, cathedral ceilings, a fireplace living room and dining room with a slider out to your private deck, enjoy central air and plenty of room in your finished basement. Nicely proportioned rooms, charming kitchen that leads to the dining room with a pellet stove. The owners have taken pride in living here and have made some recent improvements - new AC/heat unit, hardwood flooring on second floor, pellet stove, new windows, butcher block shelving, renovated full bath on first floor, pavers, granite steps and new front door. Outdoor space includes a private deck with awning and a common yard. Pet friendly complex. No "for sale" sign in front of unit.
| |||
| Oct 7, 2015 | Sold | ||
| Sold | |||
| Sep 14, 2015 | Listed by Sagan Harborside Sotheby's International Realty | $235,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Diamond District! Bright and sunny townhouse located a few blocks from the ocean. Beautifully maintained unit featuring a fireplace living room, dining room with slider to private deck, cathedral ceilings, skylights, finished lower level, central ac, in unit laundry. Upgrades include new flooring on main level, heating system 2010, hot water tank 2013, some windows, freshly painted. 2 car off street parking.
| |||
| Mar 9, 2007 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Features: Skylight, Flooring - Stone/Ceramic Tile, Balcony / Deck
Level: Second
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Level: First
Features: Bathroom - Half
Level: First
Features: Skylight, Cathedral Ceiling(s)
Level: Second
Level: First
Features: Ceiling Fan(s), Closet - Linen
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater
Flooring Type: Tile, Carpet
Laundry Features: In Basement
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Condominium
Building Name: Chase Estates
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: B:081 L:579 S:056014, 2002195
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $269,300
Tax Annual Amount: $2,800
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $200
Community Features: Public Transportation, Shopping, Other
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2020
|
2 Bed
|
2 Bath
|
1126 ft²
|
$359,900
2 Bed
2 Bath
1126 ft²
|
$370,000
+2.81%
09/25/2020
|
Hamilton Rodrigues
Triple 7 Real Estate, Inc.
| |
|
09/14/2015
|
2 Bed
|
2 Bath
|
1126 ft²
|
$235,000
2 Bed
2 Bath
1126 ft²
|
$223,000
-5.11%
10/07/2015
|
Rhonda Jackson
Sagan Harborside Sotheby's International Realty
| |
|
10/09/2006
|
2 Bed
|
2 Bath
|
1410 ft²
|
$275,000
2 Bed
2 Bath
1410 ft²
|
$270,000
-1.82%
03/09/2007
|
Rhonda Jackson
Sagan Harborside Sotheby's International Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017