Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

24 Sanderson Ave, Lynn MA 01902

$655,000

Estimated $1,728/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $327,500

Total Rent: 21600/year

Estimated CAP Rate: 2.08%

4 Bedrooms

2 Full Baths

2,544 SqFt

Total Parking: 6 (1 Garage)

6,920 SqFt

Price Reduction! This is your chance to purchase a 2 family multi-unit home with the potential to generate rental income. Hardwood and tile flooring can be found throughout this two-family home. Each apartment has a double parlor and two large bedrooms with office space. The garage is adequate in size with ample parking spaces in the driveway. King's Beach and the Swampscott Commuter Rail station are both a 10-minute walk away. The Exterior to the house and garage was recently painted.

This home has been viewed 48 times

Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #72955465)

Gross Income: $21,600

Gross Expenses: $7,991

Net Income Calc: $13,609

CAP Rate: 2.08%

Beach Front

Annual Expenses for 24 Sanderson Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$7,991/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,991

Annual Income & Unit Breakdown for 24 Sanderson Ave, Lynn MA 01902

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$1,800

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit0

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 24 Sanderson Ave, Lynn MA 01902

Listing ID72955465

Property TypeMulti Family

Price$655,000 ($257.47/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,544 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking6 (1 Garage)

Garage Parking1 / Detached

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front

Energy Features

Terms

Disclosures for 24 Sanderson Ave, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$21,600

Total Net Income By Broker$21,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 24 Sanderson Ave, Lynn MA 01902

Real Estate Taxes$7,991

Tax Year2021

Assessed Value$613,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.08%

Location Information for 24 Sanderson Ave, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 24 Sanderson Ave, Lynn MA 01902

Agent

Name: Rotha Tho Svay

Office

Name: CYCAD Realty LLC

Phone: 508-679-3124

Team Members

Name: Marong Tho

Phone: 508-863-0508

Payment Calculator

, Interest

Property Taxes 665.92

Principal & Interest 4035.9

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

CYCAD Realty LLC

Rotha Tho Svay

Agent Phone

Office Phone

(508) 679-3124

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.16 acres (6,920 SqFt)
    [add_date] => 2024-05-06 23:30:55
    [address] => Sanderson Ave
    [agent] => Array
        (
            [address] => 66 Arizona Street
            [city] => Fall River
            [id] => CN209310
            [name] => Rotha Tho Svay
            [national_association] => 450550785
            [office] => AN6445
            [state] => MA
            [zip] => 02723
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2,544 SqFt
    [approx_lot_size_acres] => 0.16 acres
    [approx_lot_size_sqft] => 6,920 SqFt
    [assessed_value] => $613,300
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 2 Full
    [bedrooms] => 4
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 24 Sanderson Ave Lynn
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => 2.08%
    [city] => Lynn
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Price Reduction! This is your chance to purchase a 2 family multi-unit home with the potential to generate rental income. Hardwood and tile flooring can be found throughout this two-family home. Each apartment has a double parlor and two large bedrooms with office space. The garage is adequate in size with ample parking spaces in the driveway. King's Beach and the Swampscott Commuter Rail station are both a 10-minute walk away. The Exterior to the house and garage was recently painted.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Stone
        )

[frontage_length] => 
    [full_baths] => 2
    [garage_parking] => 1 / Detached
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $21,600
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => Beach Front
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 326577
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-06 23:30:55
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 2,544 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 72955465
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 13609
    [net_operating_income] => Array
        (
            [0] => $21,600
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN6445
            [name] => CYCAD Realty LLC
            [phone] => 508-679-3124
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 508-863-1163
    [pool_features] => Array
        (
        )

[price] => $655,000
    [price_per_sqft] => 257.47
    [price_per_unit] => 327500
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => $7,991
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 12
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 24
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 1
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2021
    [team] => Array
        (
            [0] => Array
                (
                    [id] => FR001162
                    [name] => Marong Tho
                    [phone] => 508-863-0508
                    [address] => 45 Rock Street
                    [city] => Fall River
                    [state] => MA
                    [zip] => 02720
                    [office] => AN6445
                    [national_association] => 450550571
                )

)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 7991
    [total_gross_income] => 21600
    [total_parking] => 6 (1 Garage)
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 2 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 0
    [unit_1_rent] => Array
        (
            [0] => 1800
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 0
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 24 Sanderson Ave, Lynn MA 01902
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
            [0] => Beach Front
        )

[year_built] => 1905
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01902
    [zoning] => R4
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6703134
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/326577/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-06 23:30:58
                    [modified] => 2024-05-06 23:30:58
                )

[1] => Array
                (
                    [id] => 6703753
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[2] => Array
                (
                    [id] => 6703754
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[3] => Array
                (
                    [id] => 6703755
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[4] => Array
                (
                    [id] => 6703756
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[5] => Array
                (
                    [id] => 6703757
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[6] => Array
                (
                    [id] => 6703758
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[7] => Array
                (
                    [id] => 6703759
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[8] => Array
                (
                    [id] => 6703760
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[9] => Array
                (
                    [id] => 6703761
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[10] => Array
                (
                    [id] => 6703762
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[11] => Array
                (
                    [id] => 6703763
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[12] => Array
                (
                    [id] => 6703764
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[13] => Array
                (
                    [id] => 6703765
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[14] => Array
                (
                    [id] => 6703766
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[15] => Array
                (
                    [id] => 6703767
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[16] => Array
                (
                    [id] => 6703768
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[17] => Array
                (
                    [id] => 6703769
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[18] => Array
                (
                    [id] => 6703770
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

[19] => Array
                (
                    [id] => 6703771
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=72955465&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-06 23:31:02
                    [modified] => 2024-05-06 23:31:02
                )

)

)

EXIT