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Lynn 01902
11 Elvir Street
Photo of 11 Elvir Street
Sold on Nov 21, 2005

1

Map

$350,000
● House - Off Market

11 Elvir Street

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,587 Ft²
$651,219
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

Very Motivated Sellers!! Completely updated Colonial on quiet side street near the S'scott line. Features include new custom kitchen w/corian counters, addition with cath/ceil in MBR, Jacuzzi tub in full BA, C/A, newer above grnd pool, new windows. Additn'l 300 sq ft of living area in part/fin bsmnt which features gas frplce. Entertainment center with big screen TV to stay. Extra lg DR w/crown mold & wainscotting. Perfect for entertaining w/open flr plan! OPEN HOUSE SUN 10-9-05 12-2
Unit Size
1,587 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$230
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70225161)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed $559,900
Listed
Nov 22, 2005 Sold
Premium
Sold
Jul 13, 2005 Listed $365,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 922
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,541
  • Total Building Area: 1,578
  • Gross Building Area: 2,941
  • Building Area: 1,578
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,578
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 16 PARSONS ST
  • Land Acres: 0000000127
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:097 B:406 L:002
  • Block: 406
  • Lot: 2
  • Municipality: LYNN
  • Latitude: 42.4821
  • Longitude: -70.9367

    Address

  • Full Address: 11 Elvir St
  • Address - House Number: 11
  • Address - Street Name: Elvir
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1012
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $603,600

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 619,983
  • High Value: 752,184
  • Low Value: 487,781

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,200
  • Assessed Land Value: $195,900
  • Assessed Improvements Value: $377,300

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210514004550
  • Previous Sale Recording Date: Nov 22, 2005
  • Previous Sale Amount: $350,000
  • 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:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 years

Currently For Sale

162 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: 5 months ago
Data Source: MLS PIN, MLS# 70225161

Frequently Asked Questions

When was property at 11 Elvir Street built and last sold?
The property at 11 Elvir Street was built in 1890 and last sold on May 14, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 11 Elvir Street is $586,532.
What are some comparable homes to 11 Elvir Street?
There are currently no comparable homes to 11 Elvir Street.
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