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Lynn 01902
10 Sachem St
$298,500
● House - Off Market

10 Sachem St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,171 Ft²
$482,960
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Newly remodeled 3 bedroom home just steps to the beach! This home has brand new kitchen featuring new cabinets, stainless steel appliances, granite counter tops and new hardwood floors. New bathroom with tile floor and tub surround. All rooms have hardwood floors. Bonus room in the basement could be used as a bedroom, den or large office. Other updates include a brand new roof, newer heating system, updated electrical panel,large shed and off street parking.
Unit Size
1,171 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$265
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1900

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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 #72209105)

Price History

Date / Event Date Event Price
Sep 28, 2017 Sold
Premium
Sold
Aug 4, 2017 Listed by Clements Realty Group $309,900
Listed by Clements Realty Group
May 16, 2017 Sold
Premium
Sold
Apr 18, 2017 Listed by Clements Realty Group $209,500
Listed by Clements Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 678
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,000
  • Total Building Area: 1,171
  • Gross Building Area: 2,048
  • Building Area: 1,171
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,171
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000046
  • 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: 206900

Zoning

  • Zoning: R5

Geography

  • Parcel: LYNN M:081 B:583 L:033
  • Block: 583
  • Lot: 33
  • Municipality: LYNN
  • Latitude: 42.4602
  • Longitude: -70.938

    Address

  • Full Address: 10 Sachem St
  • Address - House Number: 10
  • Address - Street Name: Sachem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 4645
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $475,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 505,378
  • High Value: 597,198
  • Low Value: 413,557

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,900
  • Assessed Land Value: $167,200
  • Assessed Improvements Value: $284,700

    Sales

  • Current Sale Recording Date: Sep 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 447
  • Previous Sale Recording Date: May 16, 2017
  • Previous Sale Amount: $220,000
  • 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:

$594,993

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2483 ft²

Average Home Age

97.7 years

Currently For Sale

160 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72209105

Frequently Asked Questions

When was property at 10 Sachem Street built and last sold?
The property at 10 Sachem Street was built in 1900 and last sold on Jan 1, 1970 for $298,500.
How much is this home worth?
The estimated value of the home located at 10 Sachem Street is $316,313.
What are some comparable homes to 10 Sachem Street?
There are currently no comparable homes to 10 Sachem Street.
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