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Lynn 01902
10 Union Ct
$340,000
● House - Off Market

10 Union Ct

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,575 Ft²
$469,950
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Come and enjoy easy living at a modest price on this very large and spacious home. Very elegant staircase to second level, One full and 2 half bathrooms, Main level consists of living room, dining room, eat-in-kitchen, one bedroom, laundry and 1/2 bathroom, 2 additional bedrooms and full bathroom on second level, and a finished area family room in walk out basement with 1/2 bathroom. Heating furnace was converted to gas 6 years ago. Shared drive, but private off street parking for 2 cars. Very outgoing neighbors and centrally located with easy walking distance to shops, markets, restaurants and beach. Seller is relocating and very motivated.  First showing at open house Sunday August 18, from 12:30 to 2:00 pm.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$210
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: 6 months ago (MLSPIN #72549847)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Oct 4, 2019 Sold
Premium
Sold
Aug 14, 2019 Listed by Re-yes Real Estate $330,000
Listed by Re-yes Real Estate
Jul 3, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by Re-yes Real Estate $190,000
Listed by Re-yes Real Estate
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 637
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,262
  • Total Building Area: 1,575
  • Gross Building Area: 2,434
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • 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: 206800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:083 B:609 L:038
  • Block: 609
  • Lot: 38
  • Municipality: LYNN
  • Latitude: 42.4684
  • Longitude: -70.9395

    Address

  • Full Address: 10 Union Ct
  • Address - House Number: 10
  • Address - Street Name: Union
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 3667
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 528,939
  • High Value: 626,823
  • Low Value: 431,055

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,000
  • Assessed Land Value: $180,400
  • Assessed Improvements Value: $287,600

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230607001770
  • Previous Sale Recording Date: Oct 04, 2019
  • Previous Sale Contract Date: Oct 04, 2019
  • Previous Sale Amount: $340,000
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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: 6 months ago
Data Source: MLS PIN, MLS# 72549847

Frequently Asked Questions

When was property at 10 Union Court built and last sold?
The property at 10 Union Court was built in 1900 and last sold on Jun 7, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 10 Union Court is $346,322.
What are some comparable homes to 10 Union Court?
There are currently no comparable homes to 10 Union Court.
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