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Lynn 01904
78 Saunders Rd
$410,000
● House - Off Market

78 Saunders Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$423,948
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Well appointed, single-level bungalow located on a dead-end street is the ideal condo-alternative! Its many features include 3 bedrooms plus an open concept kitchen and family room area with a cathedral ceiling and newer heating system. A deck overlooking a large yard and pond make this perfect for outdoor entertaining and fun!   Conveniently located in Lynn's  Ward 1 zip code, close proximity to Lynn Woods Reservation, Gannon Municipal Golf Course, and  to Routes 1, 95 and 128.
Unit Size
1,016 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$393
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1921

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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 #73025692)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Aug 16, 2022 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Dec 1, 2015 Sold
Premium
Sold
Oct 8, 2015 Listed by J. Barrett & Company $239,900
Listed by J. Barrett & Company
Sep 9, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 664
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,886
  • Total Building Area: 1,016
  • Gross Building Area: 1,949
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARRIAGE HILL ESTATES
  • Land Acres: 0000000204
  • 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:090 B:097 L:026
  • Block: 97
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.4972
  • Longitude: -70.9627

    Address

  • Full Address: 78 Saunders Rd
  • Address - House Number: 78
  • Address - Street Name: Saunders
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1571
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $422,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 459,652
  • High Value: 496,557
  • Low Value: 422,747

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $401,300
  • Assessed Land Value: $183,000
  • Assessed Improvements Value: $218,300

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 639910
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Contract Date: Dec 01, 2015
  • Previous Sale Amount: $240,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 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: 4 months ago
Data Source: MLS PIN, MLS# 73025692

Frequently Asked Questions

When was property at 78 Saunders Road built and last sold?
The property at 78 Saunders Road was built in 1921 and last sold on Oct 6, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 78 Saunders Road is $400,501.
What are some comparable homes to 78 Saunders Road?
There are currently no comparable homes to 78 Saunders Road.
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