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Lynn 01904
72 Lockwood Road
Photo of 72 Lockwood Road
Sold on Jul 14, 2010

1

Map

$269,900
● House - Off Market

72 Lockwood Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,141 Ft²
$565,898
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

WYOMA SQ. AREA WONDERFUL CUL-DE-SAC LOCATION FOR THIS 7 room, 3 bedrm. 1 bath Split Entry home. Open concept living room and dining room with hardwood floor. Updated eat-in kitchen with slider door out to deck overlooking landscaped yard. Three sunny bedrooms with hardwood floors, lower level fireplace family room with access to a one car garage under. This home offers amenities such as CENTRAL AIR, vinyl exterior, replacement windows. Move-in condition, and meticuiously maintained!
Unit Size
1,141 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$245
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1967

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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: 2 years ago (MLSPIN #71067505)

Price History

Date / Event Date Event Price
Apr 2, 2021 Sold
Premium
Sold
Feb 12, 2021 Listed $489,000
Listed
Jul 14, 2010 Sold
Premium
Sold
Apr 19, 2010 Listed $279,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 852
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,141
  • Gross Building Area: 2,542
  • Building Area: 1,141
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,141
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:139 L:023
  • Block: 139
  • Lot: 23
  • Municipality: LYNN
  • Latitude: 42.4904
  • Longitude: -70.9501

    Address

  • Full Address: 72 Lockwood Rd
  • Address - House Number: 72
  • Address - Street Name: Lockwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2002
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $541,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 589,182
  • High Value: 691,477
  • Low Value: 486,887

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,300
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $315,400

    Sales

  • Current Sale Contract Date: Apr 02, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 623597
  • Previous Sale Recording Date: Jul 14, 2010
  • Previous Sale Amount: $269,900
  • Previous Sale Document Type: 48
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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71067505

Frequently Asked Questions

When was property at 72 Lockwood Road built and last sold?
The property at 72 Lockwood Road was built in 1967 and last sold on Apr 2, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 72 Lockwood Road is $503,804.
What are some comparable homes to 72 Lockwood Road?
There are currently no comparable homes to 72 Lockwood Road.
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