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Lynn 01905
8 Geneva Avenue
$285,000
● House - Off Market

8 Geneva Avenue

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,506 Ft²
$526,650
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Lovingly cared for Cape.  This home features custom cabinets with granite counters, marble backsplash and an open concept kitchen as well as sliders that lead to a large raised concrete patio.  Kitchen and dining area with granite flooring, beautiful marble bathroom with soaking tub, glass enclosed tiled shower and a bidet.  Enjoy the landscaped back yard and the grape vine pergola.  All this and 1 car detached garage, vinyl siding with brick facade, hardwood floors through out and a new roof. Quiet Dead End Street and close proximity to a park and schools.  You won't want to miss out on this West Lynn gem near Saugus line.
Unit Size
1,506 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$193
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #71625720)

Price History

Date / Event Date Event Price
May 29, 2014 Sold
Premium
Sold
Jan 23, 2014 Listed by Century 21 North Shore $289,900
Listed by Century 21 North Shore

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,506
  • Gross Building Area: 2,485
  • Building Area: 1,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:004 B:352 L:063
  • Block: 352
  • Lot: 63
  • Municipality: LYNN
  • Latitude: 42.4628
  • Longitude: -70.984

    Address

  • Full Address: 8 Geneva Ave
  • Address - House Number: 8
  • Address - Street Name: Geneva
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1703
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $612,300

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 630,670
  • High Value: 746,322
  • Low Value: 515,018

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,500
  • Assessed Land Value: $178,500
  • Assessed Improvements Value: $403,000

    Sales

  • Current Sale Recording Date: May 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52900154
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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2462 ft²

Average Home Age

96.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71625720

Frequently Asked Questions

When was property at 8 Geneva Avenue built and last sold?
The property at 8 Geneva Avenue was built in 1925 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 8 Geneva Avenue is $307,651.
What are some comparable homes to 8 Geneva Avenue?
There are currently no comparable homes to 8 Geneva Avenue.
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