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Lynn 01904
85 Western Ave
$330,000
● House - Off Market

85 Western Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,276 Ft²
$473,704
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Set back is this spacious 3 bedroom home near the Salem line. You'll forget your in the city!  Nice flow from the country style kitchen with island to a spacious dinning room, then make your way over to the large cozy living room. Off that you will find a half bath for your convenience and an enclosed porch to finish up with the first level. Upstairs you will find 3 bedrooms with a full bathroom. Cant sleep with those hot summer nights?....Just turn on the central A/C !!  Look out your kitchen windows to the beautifully landscaped yard with patio. Enjoy BBQ's? Well this yard is the perfect size for entertaining.  More pictures to come!!
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$251
Property Type
House
Property Taxes
$357
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 #72346362)

Price History

Date / Event Date Event Price
Aug 7, 2018 Sold
Premium
Sold
Jun 14, 2018 Listed by Return Realty Group, Inc. $320,000
Listed by Return Realty Group, Inc.
Sep 22, 2016 Sold
Premium
Sold
Jul 27, 2016 Listed by Return Realty Group, Inc. $259,900
Listed by Return Realty Group, Inc.
Jul 28, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
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: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 758
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,422
  • Total Building Area: 1,276
  • Gross Building Area: 2,535
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 85 WESTERN AVE
  • Land Acres: 0000000170
  • 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: R2

Geography

  • Parcel: LYNN M:098 B:163 L:042
  • Block: 163
  • Lot: 42
  • Municipality: LYNN
  • Latitude: 42.4828
  • Longitude: -70.9441

    Address

  • Full Address: 85 Western Ave
  • Address - House Number: 85
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2747
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $516,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 565,260
  • High Value: 654,545
  • Low Value: 475,975

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,700
  • Assessed Land Value: $184,800
  • Assessed Improvements Value: $305,900

    Sales

  • Current Sale Recording Date: Aug 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180807002950
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
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:

$592,493

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2441 ft²

Average Home Age

96 years

Currently For Sale

158 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# 72346362

Frequently Asked Questions

When was property at 85 Western Avenue built and last sold?
The property at 85 Western Avenue was built in 1900 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 85 Western Avenue is $331,426.
What are some comparable homes to 85 Western Avenue?
There are currently no comparable homes to 85 Western Avenue.
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