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Lynn 01902
8 Warren Pl
$360,000
● House - Off Market

8 Warren Pl

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,309 Ft²
$477,071
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Very affordable all updated 4 bedroom 2 bath colonial with off-street Parking, lead cert, and Central AC. Everything was updated in 2015, new roof, new granite countertops kitchen, new bathrooms, new electric, new gas heat furnace etc. Centrally located with easy access to public transportation, shops and restaurants. Lynn is going through a transformation, be part it and make this your new home.   BEST AND FINAL @5PM MONDAY AUGUST 19TH.
Unit Size
1,309 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$256
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1900

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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 #72548556)

Price History

Date / Event Date Event Price
Oct 7, 2019 Sold
Premium
Sold
Aug 12, 2019 Listed by Century 21 North East $335,000
Listed by Century 21 North East
Jul 1, 2015 Sold
Premium
Sold
May 14, 2015 Listed by Century 21 North East $70,000
Listed by Century 21 North East

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 638
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,245
  • Total Building Area: 1,229
  • Gross Building Area: 2,153
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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: 207000

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:052 B:737 L:007
  • Block: 737
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4617
  • Longitude: -70.958

    Address

  • Full Address: 8 Warren Pl
  • Address - House Number: 8
  • Address - Street Name: Warren
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C022
  • 4-Digit Zip Code: 4533
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,400

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 518,708
  • High Value: 642,719
  • Low Value: 394,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,700
  • Assessed Land Value: $169,800
  • Assessed Improvements Value: $315,900

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191007004720
  • Previous Sale Recording Date: Jul 01, 2015
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
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

2464 ft²

Average Home Age

96.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72548556

Frequently Asked Questions

When was property at 8 Warren Place built and last sold?
The property at 8 Warren Place was built in 1900 and last sold on Oct 4, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 8 Warren Place is $342,140.
What are some comparable homes to 8 Warren Place?
There are currently no comparable homes to 8 Warren Place.
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