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Lynn 01905
8 Belvidere Place
$315,000
● House - Off Market

8 Belvidere Place

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$409,892
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Nice dead end street.  Close to transportation to schools and buses to Boston.  Nice fenced in yard.  Large eat-in kitchen.  2 full baths.  All thermal pane windows. Needs 48 hours notice for showing.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$268
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #72621595)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
Feb 19, 2020 Listed by Connor Real Estate $299,900
Listed by Connor Real Estate
Jan 8, 2004 Sold
Premium
Sold
Oct 6, 2003 Listed by Connor Real Estate $219,900
Listed by Connor Real Estate
Jun 21, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 679
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,304
  • Total Building Area: 1,120
  • Gross Building Area: 2,073
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000053
  • 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: 207100

Zoning

  • Zoning: BD

Geography

  • Parcel: LYNN M:036 B:793 L:020
  • Block: 793
  • Lot: 20
  • Municipality: LYNN
  • Latitude: 42.4579
  • Longitude: -70.9703

    Address

  • Full Address: 8 Belvidere Pl
  • Address - House Number: 8
  • Address - Street Name: Belvidere
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 2701
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $395,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 448,453
  • High Value: 529,859
  • Low Value: 367,047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $376,000
  • Assessed Land Value: $173,600
  • Assessed Improvements Value: $202,400

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200626004380
  • Previous Sale Recording Date: Jan 08, 2004
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: 27
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:

$597,950

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2405 ft²

Average Home Age

95.9 years

Currently For Sale

162 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: 5 months ago
Data Source: MLS PIN, MLS# 72621595

Frequently Asked Questions

When was property at 8 Belvidere Place built and last sold?
The property at 8 Belvidere Place was built in 1915 and last sold on Jun 26, 2020 for $315,000.
How much is this home worth?
The estimated value of the home located at 8 Belvidere Place is $306,139.
What are some comparable homes to 8 Belvidere Place?
There are currently no comparable homes to 8 Belvidere Place.
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