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Lynn 01904
97 Pine Grove Ave
$289,500
● House - Off Market

97 Pine Grove Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$503,316
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Welcome to Pine Hill!  Charming Colonial 6 rooms 3 bedrooms, 1 bath ! Lovely entry foyer leading to a large eat-in kitchen with wonderful cabinet and counter space. Pretty bay window to bring in natural light with cute window seat.  Nice sliding door  which brings you out to a good side deck with above ground pool and fenced in yard. Terrific size open concept living/dining room combo . Pride of ownership shows in this ready to move in home !!  Elementary school and playground right around the corner !
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$214
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1910

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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 #71859667)

Price History

Date / Event Date Event Price
Aug 18, 2015 Sold
Premium
Sold
Jun 16, 2015 Listed by A. James Lynch, Inc. $289,900
Listed by A. James Lynch, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 0
  • 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: 775
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,605
  • Total Building Area: 1,356
  • Gross Building Area: 2,757
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • 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: 205500

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:225 L:003
  • Block: 225
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4739
  • Longitude: -70.9659

    Address

  • Full Address: 97 Pine Grove Ave
  • Address - House Number: 97
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 2831
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 539,252
  • High Value: 637,637
  • Low Value: 440,867

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,600
  • Assessed Land Value: $181,900
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Recording Date: Aug 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 551
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# 71859667

Frequently Asked Questions

When was property at 97 Pine Grove Avenue built and last sold?
The property at 97 Pine Grove Avenue was built in 1910 and last sold on Jan 1, 1970 for $289,500.
How much is this home worth?
The estimated value of the home located at 97 Pine Grove Avenue is $304,752.
What are some comparable homes to 97 Pine Grove Avenue?
There are currently no comparable homes to 97 Pine Grove Avenue.
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