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Lynn 01902
8 Westview Rd
$325,000
● House - Off Market

8 Westview Rd

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,453 Ft²
$558,770
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Just off Route 107 on the Lynn/Salem/Swampscott line, this conveniently located property offers 4 bedrooms & 2 bath. This spacious home features a bright kitchen, a large living room, an enclosed porch, & a dining room with built in hutch. Off the dining room you will find a modern slider that leads to a composite deck with perennial garden perfect for relaxing while you enjoy your morning coffee and hear the birds chirp..This property is located in the popular Aborn School district & offers ceiling fans and hardwood floors throughout. Featuring newer Anderson windows and a brand new gas heating system, this property is definitely worth a look.
Unit Size
1,453 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$231
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1926

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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 #72016528)

Price History

Date / Event Date Event Price
Jul 26, 2016 Sold
Premium
Sold
Jun 2, 2016 Listed by Newhall Real Estate $335,000
Listed by Newhall Real Estate
Mar 16, 2007 Sold
Premium
Sold
Jan 31, 2007 Listed by Newhall Real Estate $279,900
Listed by Newhall Real Estate
Jan 3, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 763
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,453
  • Gross Building Area: 3,169
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:108 B:396 L:014
  • Block: 396
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.489
  • Longitude: -70.9345

    Address

  • Full Address: 8 Westview Rd
  • Address - House Number: 8
  • Address - Street Name: Westview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1038
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $553,400

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 585,597
  • High Value: 692,839
  • Low Value: 478,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,500
  • Assessed Land Value: $187,700
  • Assessed Improvements Value: $337,800

    Sales

  • Current Sale Recording Date: Mar 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Document Type: 34
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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2477 ft²

Average Home Age

96.5 years

Currently For Sale

160 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# 72016528

Frequently Asked Questions

When was property at 8 Westview Road built and last sold?
The property at 8 Westview Road was built in 1926 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 8 Westview Road is $341,945.
What are some comparable homes to 8 Westview Road?
There are currently no comparable homes to 8 Westview Road.
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