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Lynn 01904
8 Calvin Road
$420,000
● House - Off Market

8 Calvin Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$635,951
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

8 room split level ranch.  3 bedrooms.  Elegant working fireplaced living room and eat-in kitchen.  Open concept with enclosed sun porch for entertaining.  Hardwood floors.  Beautifyl finished basement for teenagers.  Huge, enclosed back yard.  House on cul de sac.  Privacy galore.  Close to schools and highways.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$312
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1960

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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 #72342359)

Price History

Date / Event Date Event Price
Oct 26, 2018 Sold
Premium
Sold
Jun 8, 2018 Listed by Connor Real Estate $429,900
Listed by Connor Real Estate
Jul 17, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 843
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,551
  • Total Building Area: 1,378
  • Gross Building Area: 2,632
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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:064 B:002 L:041
  • Block: 2
  • Lot: 41
  • Municipality: LYNN
  • Latitude: 42.5058
  • Longitude: -70.9862

    Address

  • Full Address: 8 Calvin Rd
  • Address - House Number: 8
  • Address - Street Name: Calvin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1009
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,600

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 626,991
  • High Value: 738,985
  • Low Value: 514,998

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,100
  • Assessed Land Value: $206,500
  • Assessed Improvements Value: $349,600

    Sales

  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181026005480
  • Previous Sale Recording Date: Jul 17, 2003
  • Previous Sale Amount: $330,000
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2539 ft²

Average Home Age

96.3 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: 4 months ago
Data Source: MLS PIN, MLS# 72342359

Frequently Asked Questions

When was property at 8 Calvin Road built and last sold?
The property at 8 Calvin Road was built in 1960 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 8 Calvin Road is $439,766.
What are some comparable homes to 8 Calvin Road?
There are currently no comparable homes to 8 Calvin Road.
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