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Lynn 01902
11 Archer St
$330,000
● House - Off Market

11 Archer St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,285 Ft²
$485,458
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

First Time Buyer Alert!! Single Family Colonial Home On A  Quiet Street! Property Boasts On the First Floor An Eat In Modern Kitchen-Formal Dining Room With Hardwood Floor-Living Room With Hardwood Floor And Inviting Front Porch- Second Floor Consists Of Three Ample Bedrooms  And A Full Bath. Brand New Roof (Nov 2018). The Home Is In Move In Condition With The Buyer(s) Left To Put Their Own Ideas And  Finishing Touch On This Home!!  The Large Yard With A One Car Detached Garage Is Level And With Four Car Parking Makes This A Wonderful Opportunity For A New Home Owner! Lynn Beach Minutes Away! Close To All Area Amenities Including Award Winning Restaurants, Shopping, Schools, Lynn Woods, Local Playground Sluice And Flax Pond And Lynn Auditorium.
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$261
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1890

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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 #72442245)

Price History

Date / Event Date Event Price
Mar 8, 2019 Sold
Premium
Sold
Jan 17, 2019 Listed by Century 21 Hughes $334,900
Listed by Century 21 Hughes
Nov 1, 2010 Sold
Premium
Sold
Jun 12, 2010 Listed by Century 21 Hughes $219,800
Listed by Century 21 Hughes

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,851
  • Total Building Area: 1,285
  • Gross Building Area: 2,370
  • Building Area: 1,285
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,285
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:105 B:421 L:002
  • Block: 421
  • Lot: 2
  • Municipality: LYNN
  • Latitude: 42.4783
  • Longitude: -70.9317

    Address

  • Full Address: 11 Archer St
  • Address - House Number: 11
  • Address - Street Name: Archer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1202
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,800

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 524,180
  • High Value: 657,454
  • Low Value: 390,905

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,100
  • Assessed Land Value: $197,600
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190308004620
  • Previous Sale Recording Date: Nov 01, 2010
  • Previous Sale Amount: $219,800
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72442245

Frequently Asked Questions

When was property at 11 Archer Street built and last sold?
The property at 11 Archer Street was built in 1890 and last sold on Mar 8, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 11 Archer Street is $342,219.
What are some comparable homes to 11 Archer Street?
There are currently no comparable homes to 11 Archer Street.
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