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Lynn 01904
8 Ramsdell Place
$369,900
● House - Off Market

8 Ramsdell Place

Lynn, MA 01904
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$710,868
RealtyHop Estimate
92.18%
Since May 1, 2004
MA-Boston
Primary Model

About This Property

MAGNIFICENT 6YO GAMBREL COLN. IN DESIRABLE, QUIET, WARD 1, FLAX POND AREA. 5 BR, 2.5 BA, INCL. 700+SF MASTER BR SUITE W/WALK-IN CLOSET, OAK HW & CT THRUOUT. LR/DR W/ELEC FP DESIGNER KIT W/ADJ SUNRM. SHORT DRIVE TO COMMUTER RAIL.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$137
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1910

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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 #30774204)

Price History

Date / Event Date Event Price
Apr 30, 2004 Sold
Premium
Sold
Sep 29, 2003 Listed by Coldwell Banker Residential Brokerage - Salem $369,900
Listed by Coldwell Banker Residential Brokerage - Salem
Jun 2, 2000 Sold
Premium
Sold
Mar 22, 2000 Listed by Hogan Realty $249,900
Listed by Hogan Realty
BUILT IN 1997. FLAX POND AREA. GORGEOUS HARDWOOD FLOORS AND TILES THROUGHOUT. SPACIOUS GAMBREL, A MUST SEE.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 796
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,840
  • Total Building Area: 2,292
  • Gross Building Area: 3,287
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE BAYSIDE CONDO
  • Land Acres: 0000000088
  • 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:007
  • Block: 170
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.479
  • Longitude: -70.9506

    Address

  • Full Address: 8 Ramsdell Pl
  • Address - House Number: 8
  • Address - Street Name: Ramsdell
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2725
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $643,800

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 697,967
  • High Value: 808,214
  • Low Value: 587,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,400
  • Assessed Land Value: $183,200
  • Assessed Improvements Value: $428,200

    Sales

  • Current Sale Recording Date: Nov 07, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 338
  • Previous Sale Recording Date: Apr 30, 2004
  • Previous Sale Amount: $369,900
  • 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

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2533 ft²

Average Home Age

96.5 years

Currently For Sale

163 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: 5 months ago
Data Source: MLS PIN, MLS# 30774204

Frequently Asked Questions

When was property at 8 Ramsdell Place built and last sold?
The property at 8 Ramsdell Place was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Ramsdell Place is $373,974.
What are some comparable homes to 8 Ramsdell Place?
There are currently no comparable homes to 8 Ramsdell Place.
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