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Lynn 01904
9 Lawrence Rd
$515,000
● House - Off Market

9 Lawrence Rd

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,734 Ft²
$785,805
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Come see this meticulously maintained 3 bedroom, 4 bathroom colonial in the Fay Estates neighborhood! With an open floor plan on the main level, entertaining is a breeze. The low maintenance fenced in backyard features an inviting patio and wonderful above ground pool. Each spacious bedroom features a large custom pine closet. Open the slider doors of your master suite to a quaint private deck. The finished basement includes a bedroom, living room, half bath, and office space.
Unit Size
2,734 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$194
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1989

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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 #72302531)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by Newhall Real Estate $529,900
Listed by Newhall Real Estate
Feb 2, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 809
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,234
  • Gross Building Area: 3,409
  • Building Area: 2,234
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:100 B:139 L:081
  • Block: 139
  • Lot: 81
  • Municipality: LYNN
  • Latitude: 42.4898
  • Longitude: -70.9468

    Address

  • Full Address: 9 Lawrence Rd
  • Address - House Number: 9
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C041
  • 4-Digit Zip Code: 2071
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $753,600

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 686,246
  • High Value: 794,642
  • Low Value: 577,851

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $715,700
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $516,800

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 593023
  • Previous Sale Recording Date: Feb 02, 1990
  • Previous Sale Amount: $177,500
  • Previous 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

2478 ft²

Average Home Age

97.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72302531

Frequently Asked Questions

When was property at 9 Lawrence Road built and last sold?
The property at 9 Lawrence Road was built in 1989 and last sold on May 31, 2018 for $515,000.
How much is this home worth?
The estimated value of the home located at 9 Lawrence Road is $561,213.
What are some comparable homes to 9 Lawrence Road?
There are currently no comparable homes to 9 Lawrence Road.
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