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Lynn 01905
90 Farrell Rd
$451,000
● House - Off Market

90 Farrell Rd

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,477 Ft²
$643,217
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

VETERANS VILLAGE: Turn key New England Style Cape. Pride of ownership shows throughout this meticulously maintained 3 bedroom, 1.5 bath home with detached garage. Some special features include open concept kitchen/dining room... a gas fireplaced, front to back living room...an abundance of closets and storage space and so much more! You'll enjoy relaxing on the sun porch, conveniently located off the 2-3 year young custom kitchen w/island and GE Profile appliances. There's a private workshop/utility room with laundry area and separate office space area in the partially finished basement. The spacious, fenced in, backyard is perfect for entertaining with 2 separate patio/sitting areas. Convenient location for commuting, only 10 miles to Boston!
Unit Size
1,477 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$305
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1950

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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 #72565320)

Price History

Date / Event Date Event Price
Dec 2, 2019 Sold
Premium
Sold
Sep 15, 2019 Listed by Coldwell Banker Residential Brokerage - Haverhill $449,900
Listed by Coldwell Banker Residential Brokerage - Haverhill

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 844
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,127
  • Total Building Area: 1,477
  • Gross Building Area: 2,772
  • Building Area: 1,477
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,477
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VETERANS HOUSING
  • Land Acres: 0000000187
  • 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:021 B:340 L:017
  • Block: 340
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.465
  • Longitude: -70.9781

    Address

  • Full Address: 90 Farrell Rd
  • Address - House Number: 90
  • Address - Street Name: Farrell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1441
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,100

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 647,853
  • High Value: 754,053
  • Low Value: 541,654

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,000
  • Assessed Land Value: $216,800
  • Assessed Improvements Value: $351,200

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191202001250
  • Previous Sale Recording Date: Feb 04, 2004
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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# 72565320

Frequently Asked Questions

When was property at 90 Farrell Road built and last sold?
The property at 90 Farrell Road was built in 1950 and last sold on Nov 22, 2019 for $451,000.
How much is this home worth?
The estimated value of the home located at 90 Farrell Road is $461,627.
What are some comparable homes to 90 Farrell Road?
There are currently no comparable homes to 90 Farrell Road.
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