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Lynn 01904
8 Gracie Road
$460,000
● House - Off Market

8 Gracie Road

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,106 Ft²
$626,569
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

This home is a Royal Barry Wills Cape in very desirable ward 1. This home features 4 spacious bedrooms, 1.5 baths, good size kitchen, Dining Room with Custom Built-Ins, Gorgeous Fireplace Living Room, Gleaming Hardwood Floors, Tons of Natural Light. Great floor plan with Master bedroom and second bedroom on the first and 2 additional bedrooms on the second floor. The basement is partially finished and has extra space for storage. Conveniently located to Rte. 1, 128 & 95, shopping, public transportation, and highways. Gorgeous Landscaped Yard and a car garage!. Just Waiting for the next owner! Open Houses this weekend September 7th and 8th, Sat and Sun from 12-1:30 pm.
Unit Size
2,106 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$209
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #72559375)

Price History

Date / Event Date Event Price
Nov 8, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by J. Barrett & Company $439,900
Listed by J. Barrett & Company
Jul 30, 2004 Sold
Premium
Sold
Apr 20, 2004 Listed by J. Barrett & Company $349,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1971
  • 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: 4
  • 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: 1,116
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,627
  • Total Building Area: 1,886
  • Gross Building Area: 3,632
  • Building Area: 1,886
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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:088 B:108 L:027
  • Block: 108
  • Lot: 27
  • Municipality: LYNN
  • Latitude: 42.489
  • Longitude: -70.9565

    Address

  • Full Address: 8 Gracie Rd
  • Address - House Number: 8
  • Address - Street Name: Gracie
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1904
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,100

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 645,779
  • High Value: 761,128
  • Low Value: 530,429

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,100
  • Assessed Land Value: $202,200
  • Assessed Improvements Value: $382,900

    Sales

  • Current Sale Contract Date: Oct 13, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191108003400
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $347,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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# 72559375

Frequently Asked Questions

When was property at 8 Gracie Road built and last sold?
The property at 8 Gracie Road was built in 1949 and last sold on Oct 13, 2019 for $460,000.
How much is this home worth?
The estimated value of the home located at 8 Gracie Road is $459,348.
What are some comparable homes to 8 Gracie Road?
There are currently no comparable homes to 8 Gracie Road.
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