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Lynn 01902
101 Timson Street
$91,000
● House - Off Market

101 Timson Street

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,477 Ft²
$303,223
RealtyHop Estimate
233.21%
Since Jul 1, 1999
MA-Boston
Primary Model

About This Property

GREAT OPPORTUNITY FOR 1ST TIME BUYER TO OWN FOR LESS THAN A RENTAL! MOD. & DELEADED 7 1/2 RM. 3 BDM. MODIFIED CAPE! 1 1/2 BATHS! PARQUET FLOOR IN DIN. RM.! LOTS OF CLOSETS & BUILT IN SHELVING. LOTS OF PARKING! FENCED IN YARD!
Unit Size
1,477 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$62
Property Type
House
Property Taxes
$97
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: 4 years ago (MLSPIN #30217007)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
Oct 9, 2020 Sold
Premium
Sold
Jun 7, 1999 Sold
Premium
Sold
Apr 21, 1998 Listed $91,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 487
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,159
  • Total Building Area: 1,509
  • Gross Building Area: 2,185
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 206500

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:526 L:042
  • Block: 526
  • Lot: 42
  • Municipality: LYNN
  • Latitude: 42.4716
  • Longitude: -70.9317

    Address

  • Full Address: 101 Timson St
  • Address - House Number: 101
  • Address - Street Name: Timson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1826
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $421,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 456,410
  • High Value: 542,857
  • Low Value: 369,963

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,400
  • Assessed Land Value: $177,100
  • Assessed Improvements Value: $223,300

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220721003120
  • Previous Sale Recording Date: Oct 09, 2020
  • Previous Sale Contract Date: Oct 06, 2020
  • Previous Sale Amount: $195,000
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 years

Currently For Sale

156 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30217007

Frequently Asked Questions

When was property at 101 Timson Street built and last sold?
The property at 101 Timson Street was built in 1900 and last sold on Jul 21, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 101 Timson Street is $116,400.
What are some comparable homes to 101 Timson Street?
There are currently no comparable homes to 101 Timson Street.
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