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Lynn 01902
106 Timson St
$330,000
● House - Off Market

106 Timson St

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,146 Ft²
$463,758
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

***Multiple Offer Notification: Highest and best offers due 5/6/19 at 6pm***    Spacious and very well cared for single family featuring 2 large bedrooms,1.5 baths, updated kitchen and a large living room and dinning room. This home also has a new roof and gutters, off-street parking for 2. Minutes from the commuter rail, local schools, and are restaurants and businesses this home is centrally located to meet your needs. Beautiful hardwood floors in the living and dinning room and tall ceilings make this home feel warm and ready for your holiday dinners. This is a fantastic opportunity to own your home instead of paying your landlords mortgage.
Unit Size
1,146 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$284
Property Type
House
Property Taxes
$310
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: 4 months ago (MLSPIN #72493154)

Price History

Date / Event Date Event Price
Jun 18, 2019 Sold
Premium
Sold
May 2, 2019 Listed by Nina-Soto & Company $325,000
Listed by Nina-Soto & Company
Aug 8, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Nina-Soto & Company $219,900
Listed by Nina-Soto & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 741
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,773
  • Total Building Area: 1,146
  • Gross Building Area: 2,114
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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:529 L:003
  • Block: 529
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4713
  • Longitude: -70.9316

    Address

  • Full Address: 106 Timson St
  • Address - House Number: 106
  • Address - Street Name: Timson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1840
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $486,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2538
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 493,894
  • High Value: 619,271
  • Low Value: 368,517

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,500
  • Assessed Land Value: $165,100
  • Assessed Improvements Value: $296,400

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190618001560
  • Previous Sale Recording Date: Aug 08, 2016
  • Previous Sale Amount: $230,000
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2520 ft²

Average Home Age

95.8 years

Currently For Sale

161 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: 4 months ago
Data Source: MLS PIN, MLS# 72493154

Frequently Asked Questions

When was property at 106 Timson Street built and last sold?
The property at 106 Timson Street was built in 1910 and last sold on Jun 17, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 106 Timson Street is $329,760.
What are some comparable homes to 106 Timson Street?
There are currently no comparable homes to 106 Timson Street.
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