374-378 WashingtonLynn, MA 01901

  • Residential income homes
  • 10,585 SF
Off market
$662,630 Estimated

Property Details for 374-378 Washington

Year built
1912
Construction
FRAME
Lot size
0.07 AC
Property size (Sq ft)
10,585 SF
Zone code
CBD
Property type
Residential income homes
Property subtype
Serviced apartments
APN
LYNN M:068 B:634 L:008
APU
LYNNM068B634L008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,170,021
    6.5%
    $2,003,096
    7%
    $1,860,018
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,143,706
    Geo Method
    $2,143,706
  • Alternative Use

    Use
    Valuation
    Residential
    $2,003,096
    Hospitality
    $1,834,825
    Educational
    $1,526,553
    Medical
    $1,579,054
    Retail
    $2,374,638

Location Insight

City
Lynn
County
Essex
State
Massachusetts
Latitude
42.4647
Longitude
-70.9474
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,894
$860,000
$1,314,200
$2,174,200
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