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28 Lynnfield, Lynn MA 01904

$715,000

Estimated $1,691.62/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $357,500

Total Rent: 24000/year

Estimated CAP Rate: 2.46%

5 Bedrooms

2 Full Baths

1,979 SqFt

Total Parking: 4

3,244 SqFt

Lynn, Wyoma Square; Two Family Home In Desirable Ward One Area With Many Updates (Majority Of The Windows, Upstairs Kitchen, Living Room Flooring); Walk To Shopping, Banking and Dinning; Easy Access To Highway (Route 1/95/128); Both Units Have Lead Compliance Certificate; Separate Utilities, Oil Heating Systems, And Gas Hot Water Tanks; Off-Street Tandem Parking For 3 Cars.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73108149)

Gross Income: $24,000

Gross Expenses: $6,387

Net Income Calc: $17,613

CAP Rate: 2.46%

Annual Expenses for 28 Lynnfield, Lynn MA 01904

Total Gross Expenses (Calculated)$6,387/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,387

Annual Income & Unit Breakdown for 28 Lynnfield, Lynn MA 01904

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 28 Lynnfield, Lynn MA 01904

Listing ID73108149

Property TypeMulti Family / 2 Family

Price$715,000 ($361.29/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

MLS AreaWyoma

Neighborhood(s)

Approximate Living Area Total1,979 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking4

Garage Parking

Year Built1920

Year Built SourceOwner

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 28 Lynnfield, Lynn MA 01904

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$24,000

Total Net Income By Broker$24,000

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 28 Lynnfield, Lynn MA 01904

Real Estate Taxes$6,387

Tax Year2023

Assessed Value$572,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$24,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$24,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.46%

Location Information for 28 Lynnfield, Lynn MA 01904

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaWyoma

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Public Transportation

Contact Information for 28 Lynnfield, Lynn MA 01904

Agent

Name: Herman Davis

Office

Name: Metro North Realty, LLC

Phone: 781-350-4366

Payment Calculator

, Interest

Property Taxes 532.25

Principal & Interest 4405.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Metro North Realty, LLC

Herman Davis

Agent Phone

Office Phone

(781) 350-4366

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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[utilities] => Array
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[22] => Array
                (
                    [id] => 7735213
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

[23] => Array
                (
                    [id] => 7735214
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

[24] => Array
                (
                    [id] => 7735215
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

[25] => Array
                (
                    [id] => 7735216
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

[26] => Array
                (
                    [id] => 7735217
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

[27] => Array
                (
                    [id] => 7735218
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73108149&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 08:56:09
                    [modified] => 2024-05-07 08:56:09
                )

)

)

EXIT