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Lynn 01904
9 Pine Road
$449,900
● House - Off Market

9 Pine Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,574 Ft²
$665,537
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Walk to schools, parks and close to transportation.  Finished family room in basement with a wood stove hook up.  Full laundry room in basement.  Currently the walk up attic is used for storage (could be additional bedroom).  Master bedroom is a suite with a sitting room, full bath, and all cedar lined, organized closet.  First floor family room has a beautiful marble fireplace.  Gorgeous hardwood floors throughout.  Ultra modern kitchen with all new granite counter tops.  Nice fenced-in yard with new retaining wall on side yard.  Very quiet-tree lined street.  A "MUST-SEE" inside (extremely deceiving from the exterior!!!)
Unit Size
2,574 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$175
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72372644)

Price History

Date / Event Date Event Price
Oct 9, 2018 Sold
Premium
Sold
Aug 2, 2018 Listed by Connor Real Estate $449,900
Listed by Connor Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,096
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,188
  • Total Building Area: 2,178
  • Gross Building Area: 4,455
  • Building Area: 2,178
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,178
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:218 L:005
  • Block: 218
  • Lot: 5
  • Municipality: LYNN
  • Latitude: 42.4717
  • Longitude: -70.967

    Address

  • Full Address: 9 Pine Rd
  • Address - House Number: 9
  • Address - Street Name: Pine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 2829
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,700

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 681,413
  • High Value: 799,722
  • Low Value: 563,105

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $683,500
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $498,500

    Sales

  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181009002280
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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2503 ft²

Average Home Age

97.5 years

Currently For Sale

162 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: 5 months ago
Data Source: MLS PIN, MLS# 72372644

Frequently Asked Questions

When was property at 9 Pine Road built and last sold?
The property at 9 Pine Road was built in 1930 and last sold on Jan 1, 1970 for $449,900.
How much is this home worth?
The estimated value of the home located at 9 Pine Road is $482,110.
What are some comparable homes to 9 Pine Road?
There are currently no comparable homes to 9 Pine Road.
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