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Lynn 01904
84 Bay State Rd
$305,000
● House - Off Market

84 Bay State Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,046 Ft²
$598,594
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Peabody/Lynn line in Ward 1.  Walk to parks, playground, and pond!  Enjoy this 3-bed/2-bath cape with open concept.  Eat-in kitchen, dining room with built-in china cabinet, fireplaced living room, and family room w/cathedral ceiling, pellet stove, skylights, large windows. Exit onto wood deck w/hot tub and gas-plumbed new BBQ.  Large picture windows and gleaming hardwood floors throughout the first floor!  Large master on 2nd floor with addtl. bedroom and full bath; 3rd bed/full bath on 1st.
Unit Size
2,046 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$154
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #71540213)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Jun 11, 2013 Listed by Coldwell Banker Residential Brokerage - Andover $314,900
Listed by Coldwell Banker Residential Brokerage - Andover
Apr 30, 2008 Sold
Premium
Sold
Oct 2, 2007 Listed by Coldwell Banker Residential Brokerage - Andover $299,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,041
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,101
  • Total Building Area: 2,046
  • Gross Building Area: 3,781
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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:090 B:067 L:052
  • Block: 67
  • Lot: 52
  • Municipality: LYNN
  • Latitude: 42.4986
  • Longitude: -70.9614

    Address

  • Full Address: 84 Bay State Rd
  • Address - House Number: 84
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1830
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,400

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 666,043
  • High Value: 788,891
  • Low Value: 543,195

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,000
  • Assessed Land Value: $204,900
  • Assessed Improvements Value: $387,100

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 546900
  • Previous Sale Recording Date: Apr 30, 2008
  • Previous Sale Amount: $299,900
  • Previous Sale Document Type: 48
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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 71540213

Frequently Asked Questions

When was property at 84 Bay State Road built and last sold?
The property at 84 Bay State Road was built in 1930 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 84 Bay State Road is $341,583.
What are some comparable homes to 84 Bay State Road?
There are currently no comparable homes to 84 Bay State Road.
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