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Lynn 01902
92 Eastern Ave.
$650,000
● House - Off Market

92 Eastern Ave.

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,827 Ft²
$642,851
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Your search stops here! Located in the great east side of town on the Lynn / Swampscott Line, close to the Swampscott commuter rail train. Gorgeous move in ready home that was COMPLETELY RENOVATED in 2022! The main level is breathtaking with an updated kitchen featuring quartz counter tops, stainless steel appliances, gas range, built in microwave, and kitchen island. It also conveniently offers a half bath and a laundry room. The beautiful hardwood floors continue to the second floor where you will find 3 bedrooms and 2 full bathrooms! The main bedroom has it's very own full bathroom. You won't want to miss this one, great neighborhood, updated EVERYTHING. Truly a turn key home. Nothing left to do but unpack.
Unit Size
1,827 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$342
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1890

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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 #72983846)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Keller Williams Realty $625,000
Listed by Keller Williams Realty
Oct 7, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Keller Williams Realty $365,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 865
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,355
  • Total Building Area: 1,827
  • Gross Building Area: 3,787
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000077
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:103 B:539 L:011
  • Block: 539
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4702
  • Longitude: -70.9246

    Address

  • Full Address: 92 Eastern Ave
  • Address - House Number: 92
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1341
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 699,238
  • High Value: 856,444
  • Low Value: 542,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,800
  • Assessed Land Value: $174,700
  • Assessed Improvements Value: $394,100

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220711003770
  • Previous Sale Recording Date: Oct 07, 2021
  • Previous Sale Contract Date: Oct 06, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: 35
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

2441 ft²

Average Home Age

96 years

Currently For Sale

158 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# 72983846

Frequently Asked Questions

When was property at 92 Eastern Avenue built and last sold?
The property at 92 Eastern Avenue was built in 1890 and last sold on Jul 11, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 92 Eastern Avenue is $628,187.
What are some comparable homes to 92 Eastern Avenue?
There are currently no comparable homes to 92 Eastern Avenue.
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