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Lynn 01902
87 Eastern Avenue
Photo of 87 Eastern Avenue
Sold on Oct 1, 2010

1

Map

$216,000
● House - Off Market

87 Eastern Avenue

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,238 Ft²
$481,818
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

House is an english tudor, and newly stained hardwood floors. working fireplace, formal dining room, eat in kitchen. House has original wood work, room set off side for plants or siitting room. Newly tiled bath. Attic has huge expansion with height to put three more bedrooms or huge loft apartment. Very elegant home near beach, train, and bus line. Two houses from Swampscott. Not a drive by, a must see inside! First Showing at OPEN HOUSE JUNE 26 12- 130
Unit Size
1,238 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$186
Property Type
House
Property Taxes
$282
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: 2 years ago (MLSPIN #71099474)

Price History

Date / Event Date Event Price
Oct 1, 2010 Sold
Premium
Sold
Jun 22, 2010 Listed by Connor Real Estate $229,900
Listed by Connor Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,268
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,433
  • Total Building Area: 1,238
  • Gross Building Area: 3,806
  • Building Area: 1,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:103 B:437 L:001
  • Block: 437
  • Lot: 1
  • Municipality: LYNN
  • Latitude: 42.4701
  • Longitude: -70.924

    Address

  • Full Address: 87 Eastern Ave
  • Address - House Number: 87
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1319
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 528,119
  • High Value: 607,329
  • Low Value: 448,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,700
  • Assessed Land Value: $175,100
  • Assessed Improvements Value: $309,600

    Sales

  • Current Sale Recording Date: Oct 01, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71099474

Frequently Asked Questions

When was property at 87 Eastern Avenue built and last sold?
The property at 87 Eastern Avenue was built in 1900 and last sold on Jan 1, 1970 for $216,000.
How much is this home worth?
The estimated value of the home located at 87 Eastern Avenue is $0.
What are some comparable homes to 87 Eastern Avenue?
There are currently no comparable homes to 87 Eastern Avenue.
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