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Lynn 01904
9 Gail Rd
$470,000
● House - Off Market

9 Gail Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,795 Ft²
$590,732
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Peabody Line! Remodeled Ranch With 7 Rooms, 3 Bedrooms, 2 Full Baths!  Open Concept Granite Kitchen With S.S. Appliances and Adjoining Dining Area and 4 Season Room. Fireplaced Livingroom,  Recessed Lighting and Hardwood Floors Throughout .Newly Finished Basement With Full Bath!! New Roof!! New Windows! New Gutters!! New Paint!! Beautiful Backyard With a Garden to Grow Fresh Vegetables!! Sprinkler System. Don't Miss Out On This Beautiful Home!!
Unit Size
1,795 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$248
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1958

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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 #72679658)

Price History

Date / Event Date Event Price
Aug 28, 2020 Sold
Premium
Sold
Jun 24, 2020 Listed by Toner Real Estate, LLC $445,000
Listed by Toner Real Estate, LLC
Jun 29, 2018 Sold
Premium
Sold
May 29, 2018 Listed by Toner Real Estate, LLC $359,900
Listed by Toner Real Estate, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,095
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,095
  • Gross Building Area: 2,544
  • Building Area: 1,095
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,095
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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:089 B:114 L:077
  • Block: 114
  • Lot: 77
  • Municipality: LYNN
  • Latitude: 42.4922
  • Longitude: -70.9555

    Address

  • Full Address: 9 Gail Rd
  • Address - House Number: 9
  • Address - Street Name: Gail
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 2053
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,500

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 586,834
  • High Value: 691,655
  • Low Value: 482,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,000
  • Assessed Land Value: $204,300
  • Assessed Improvements Value: $332,700

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 615677
  • Previous Sale Recording Date: Jun 29, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $395,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72679658

Frequently Asked Questions

When was property at 9 Gail Road built and last sold?
The property at 9 Gail Road was built in 1958 and last sold on Aug 21, 2020 for $470,000.
How much is this home worth?
The estimated value of the home located at 9 Gail Road is $461,501.
What are some comparable homes to 9 Gail Road?
There are currently no comparable homes to 9 Gail Road.
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