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Lynn 01905
74 Harrison Ave
$382,000
● House - Off Market

74 Harrison Ave

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
968 Ft²
$541,852
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Welcome home to this picture perfect neighborhood on the Saugus line. Ultra convenient location with proximity to shopping and highways tucked away in the charming Lynnhurst district. This 3 bedroom, 1.5 bath ranch offers single level living with plenty of opportunity to transform the partially finished basement into additional living space. Home features hardwood flooring, eat-in-kitchen, gas heat/central air, new 10x10 composite deck, lovely rear yard, 1 car garage, off street parking, freshly painted interior/exterior and convenient storage shed. 3 season porch has been gutted to the studs and stylishly appointed. The basement offers a wet bar and half bath and is ready for your finishing touches. Don't miss out on this lovely home and neighborhood- 2 minute walk to the 429 bus! Will not last!
Unit Size
968 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$392
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1950

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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 #72585837)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Oct 29, 2019 Listed by Century 21 North East $379,000
Listed by Century 21 North East
Jul 10, 2015 Sold
Premium
Sold
Apr 8, 2015 Listed by Century 21 North East $275,000
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 968
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 968
  • Gross Building Area: 2,727
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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:007 B:374 L:012
  • Block: 374
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4705
  • Longitude: -70.9927

    Address

  • Full Address: 74 Harrison Ave
  • Address - House Number: 74
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1350
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,200

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 572,044
  • High Value: 676,946
  • Low Value: 467,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,500
  • Assessed Land Value: $213,300
  • Assessed Improvements Value: $310,200

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 608802
  • Previous Sale Recording Date: Jul 10, 2015
  • Previous Sale Amount: $276,000
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72585837

Frequently Asked Questions

When was property at 74 Harrison Avenue built and last sold?
The property at 74 Harrison Avenue was built in 1950 and last sold on Dec 30, 2019 for $382,000.
How much is this home worth?
The estimated value of the home located at 74 Harrison Avenue is $381,843.
What are some comparable homes to 74 Harrison Avenue?
There are currently no comparable homes to 74 Harrison Avenue.
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