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Salisbury 01952
7 Lynne Ave
$299,000
● House - Off Market

7 Lynne Ave

Salisbury, MA 01952
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$555,431
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Have it ALL! This remodel offers YOU the best of everything: open-concept 1 level living PLUS a huge 25+ foot lower level family room with full bath. New light maple kitchen w/granite & stainless, 2 new baths, brand new 2 zone gas heat - WITH CENTRAL A/C! New wiring, plumbing - even a gas fireplace. In or out is light & bright with large skylights, screen porch AND large 16 foot deck overlooking almost a half acre lot! AND this dead-end side street is just over a mile from the beach & 2 blocks from the town center, a great place to settle down! SEE IT TODAY!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$171
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #71689567)

Price History

Date / Event Date Event Price
Aug 18, 2014 Sold
Premium
Sold
May 30, 2014 Listed by Tache Real Estate, Inc. $299,000
Listed by Tache Real Estate, Inc.
Dec 20, 2013 Sold
Premium
Sold
Oct 12, 2013 Listed by Tache Real Estate, Inc. $109,000
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 987
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,432
  • Total Building Area: 1,755
  • Gross Building Area: 2,412
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALISBURY
  • Land Acres: 0000000446
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • Census Tract: 267104

Zoning

  • Zoning: R2

Geography

  • Account Number: 1959/414
  • Parcel: SALI M: 5 P: 46
  • Municipality: SALISBURY
  • Latitude: 42.8416
  • Longitude: -70.8545

    Address

  • Full Address: 7 Lynne Ave
  • Address - House Number: 7
  • Address - Street Name: Lynne
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salisbury
  • Carrier Code: C027
  • 4-Digit Zip Code: 2029
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $457,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 518,552
  • High Value: 600,460
  • Low Value: 436,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,800
  • Assessed Land Value: $164,600
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Recording Date: Aug 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81800305
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: O
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 Salisbury

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$465

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1669 ft²

Average Home Age

28.3 years

Currently For Sale

43 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: 5 months ago
Data Source: MLS PIN, MLS# 71689567

Frequently Asked Questions

When was property at 7 Lynne Avenue built and last sold?
The property at 7 Lynne Avenue was built in 1959 and last sold on Jan 1, 1970 for $299,000.
How much is this home worth?
The estimated value of the home located at 7 Lynne Avenue is $324,794.
What are some comparable homes to 7 Lynne Avenue?
There are currently no comparable homes to 7 Lynne Avenue.
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