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Lynn 01905
9 Winnepurkit Ave
$485,000
● House - Off Market

9 Winnepurkit Ave

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,268 Ft²
$511,782
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Price adjustment! Move right in to this charming renovated cape style home on the Saugus line,  near the Northern Strand bike/walking path adjacent to scenic Saugus River. Close to all major commuter routes, transportation lines and only 30 min from Boston! Fabulous location near schools..First fl features fully renovated and fully applianced eat in kitchen with granite, doors leading to nice private yard with patio. Formal dining room and living room featuring hardwood flooring and fireplace (never used by Seller) 2nd Fl  large master and 2nd bedroom, large newer full bath, and smaller 3rd bed (no closet) or office. Move in condition!
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$382
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1963

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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: 6 months ago (MLSPIN #73007989)

Price History

Date / Event Date Event Price
Sep 29, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Pegasus Realty LLC $484,990
Listed by Pegasus Realty LLC
Sep 9, 2019 Sold
Premium
Sold
Jul 30, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 688
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,668
  • Total Building Area: 1,268
  • Gross Building Area: 2,780
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:004 B:352 L:096
  • Block: 352
  • Lot: 96
  • Municipality: LYNN
  • Latitude: 42.4624
  • Longitude: -70.9863

    Address

  • Full Address: 9 Winnepurkit Ave
  • Address - House Number: 9
  • Address - Street Name: Winnepurkit
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1744
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $478,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 534,290
  • High Value: 661,705
  • Low Value: 406,876

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,900
  • Assessed Land Value: $178,900
  • Assessed Improvements Value: $275,000

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220929003580
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $413,990
  • Previous Sale Document Type: 34
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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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: 6 months ago
Data Source: MLS PIN, MLS# 73007989

Frequently Asked Questions

When was property at 9 Winnepurkit Avenue built and last sold?
The property at 9 Winnepurkit Avenue was built in 1963 and last sold on Sep 29, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 9 Winnepurkit Avenue is $490,458.
What are some comparable homes to 9 Winnepurkit Avenue?
There are currently no comparable homes to 9 Winnepurkit Avenue.
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