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Lynn 01904
8 Anchor Rd
Photo of 8 Anchor Rd
Sold on Dec 17, 2010

1

Map

$240,000
● House - Off Market

8 Anchor Rd

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,520 Ft²
$525,729
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model

About This Property

Have the best of both worlds live in the city but have all of the tranquility of country living. this pristine 4 bedroom ranch is located on a 13,930 sq. foot lot.Close to public transportation,shopping, schools and Union Hospital.House has been very well maintained,sellers have lived there for 38 years but needs updating.good sized rooms with lots and lots of closet space. first floor has hardwood under carpeting. roof is only 8 years old. parking for up to 6 cars. This house is one of a kind
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$164
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 10 months ago (MLSPIN #71154228)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Sep 2, 2021 Listed by Century 21 North Shore $479,900
Listed by Century 21 North Shore
Dec 17, 2010 Sold
Premium
Sold
Oct 22, 2010 Listed by Century 21 North Shore $249,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 714
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,930
  • Total Building Area: 806
  • Gross Building Area: 1,520
  • Building Area: 806
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 806
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:062 B:020 L:012
  • Block: 20
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.5001
  • Longitude: -70.9769

    Address

  • Full Address: 8 Anchor Rd
  • Address - House Number: 8
  • Address - Street Name: Anchor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C047
  • 4-Digit Zip Code: 1406
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,000

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 538,378
  • High Value: 631,395
  • Low Value: 445,362

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,300
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $247,500

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 630408
  • Previous Sale Recording Date: Dec 17, 2010
  • Previous Sale Amount: $240,000
  • 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

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Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 71154228

Frequently Asked Questions

When was property at 8 Anchor Road built and last sold?
The property at 8 Anchor Road was built in 1967 and last sold on Oct 22, 2021 for $479,900.
How much is this home worth?
The estimated value of the home located at 8 Anchor Road is $0.
What are some comparable homes to 8 Anchor Road?
There are currently no comparable homes to 8 Anchor Road.
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