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Lynn 01904
8 Lake Ave
Photo of 8 Lake Ave

12

Map

Photo of 8 Lake Ave
Photo of 8 Lake Ave
$655,000
● House - For Sale

8 Lake Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,793 Ft²
$3,767
Est. Monthly

About This Property

Welcome to 8 Lake Avenue in Lynn, MA. This beautiful single family home is perfectly located with easy access to schools, local businesses, the beach and just a 15 min drive to Salem, Peabody and Swampscott. This home is in great condition and boasts 3 bedrooms, a small office space, and has been cared for by the owners for the past 20 + years. A large basement and attic provide ample storage space and possibilities for potential growth. This home is conveniently located next to Flax Pond Park and a short drive from Lynn Woods and Gannon Golf Course. Schedule your tour today!
Unit Size
1,793 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$365
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1914

Listed By

Joshua Rodriguez
Michael Anthony Real Estate

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Cap Rate Calculator

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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: 11 days ago (MLSPIN #73589653)

Price History

Date / Event Date Event Price
Oct 12, 2026 Listed by Michael Anthony Real Estate $655,000
Listed by Michael Anthony Real Estate
Sep 29, 2004 Sold
Premium
Sold
Aug 13, 2004 Listed by Michael Anthony Real Estate $329,900
Listed by Michael Anthony Real Estate
Sep 30, 1996 Sold
Premium
Sold
Apr 28, 1996 Listed by Michael Anthony Real Estate $119,500
Listed by Michael Anthony Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Heated Garage, Storage, Paved, Off Street, Insulated
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Walk-up Attic
Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup, Bathroom - Half, First Floor
Rooms: 6
Basement: Crawl Space, Walk-Out Access, Interior Entry, Unfinished
Exterior Details
Square Footage: 1793
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1914
Waterfront Features: Lake/Pond, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 1793
Building Area Units: Square Feet
Construction Materials: Stone, See Remarks
Patio and Porch Features: Porch
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 3982
Water Source: Public
Financial Details
Tax Assessed Value: $625,600
Tax Annual Amount: $6,605
Utilities Details
Cooling Type: Window Unit(s), Ductless
Heating Type: Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 857
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,982
  • Total Building Area: 1,793
  • Gross Building Area: 3,788
  • Building Area: 1,793
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,793
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:086 B:170 L:024
  • Block: 170
  • Lot: 24
  • Municipality: LYNN
  • Latitude: 42.4803
  • Longitude: -70.9481

    Address

  • Full Address: 8 Lake Ave
  • Address - House Number: 8
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2751
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,200

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 613,845
  • High Value: 721,608
  • Low Value: 506,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,800
  • Assessed Land Value: $183,900
  • Assessed Improvements Value: $370,900

    Sales

  • Current Sale Recording Date: Sep 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 30, 1996
  • Previous Sale Amount: $120,000
  • 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:

$592,450

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2498 ft²

Average Home Age

97.4 years

Currently For Sale

154 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: 11 days ago
Data Source: MLS PIN, MLS# 73589653

Frequently Asked Questions

When was property at 8 Lake Avenue built and last sold?
The property at 8 Lake Avenue was built in 1914 and last sold on Jan 1, 1970 for $334,900.
How much is this home worth?
The estimated value of the home located at 8 Lake Avenue is $651,265.
What are some comparable homes to 8 Lake Avenue?
There are currently no comparable homes to 8 Lake Avenue.
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