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Lynn 01904
1 Sherbrook Place
$251,000
● House - Off Market

1 Sherbrook Place

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$475,550
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Charming ward one 3 bedroom 1 1/2 bath colonial with tremendous detail. Large edition off rear provides for living room/ dining room option and 1/2 bath. Victorian accents and curb appeal. Wood burning stove and views of sluice pond, deck and back yard patio makes this house a must see.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$182
Property Type
House
Property Taxes
$322
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: 5 months ago (MLSPIN #71750387)

Price History

Date / Event Date Event Price
Nov 26, 2014 Sold
Premium
Sold
Sep 30, 2014 Listed by Century 21 Hughes $259,900
Listed by Century 21 Hughes

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 601
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,994
  • Total Building Area: 1,395
  • Gross Building Area: 2,526
  • Building Area: 1,395
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,395
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:075 B:090 L:001
  • Block: 90
  • Lot: 1
  • Municipality: LYNN
  • Latitude: 42.4912
  • Longitude: -70.9622

    Address

  • Full Address: 1 Sherbrook Pl
  • Address - House Number: 1
  • Address - Street Name: Sherbrook
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1826
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 513,177
  • High Value: 600,587
  • Low Value: 425,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $467,800
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $269,200

    Sales

  • Current Sale Recording Date: Nov 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112600070
  • Previous Sale Recording Date: Nov 20, 2014
  • Previous Sale Amount: $251,000
  • Previous Sale Document Type: O
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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2491 ft²

Average Home Age

97.8 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 71750387

Frequently Asked Questions

When was property at 1 Sherbrook Place built and last sold?
The property at 1 Sherbrook Place was built in 1910 and last sold on Jan 1, 1970 for $251,000.
How much is this home worth?
The estimated value of the home located at 1 Sherbrook Place is $277,198.
What are some comparable homes to 1 Sherbrook Place?
There are currently no comparable homes to 1 Sherbrook Place.
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