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Lynn 01902
113 Jefferson Street
$315,000
● House - Off Market

113 Jefferson Street

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,001 Ft²
$457,664
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

..............EXCELLENT STARTER HOME............ SPACIOUS Fenced Yard and SIX off street parking spaces.The First Level Features Kitchen, Dining Room & Living Room  Hard Wood Floors  with Open Floor Plan..........Abundant Natural Light..........There is a Full Bathroom on the first floor off the Kitchen. Upstairs are three bedrooms. The laundry is in the unfinished basement that has high ceilings and offers potential to build an Additional Finished Room. Come take a look!
Unit Size
1,001 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$320
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1875

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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: 5 months ago (MLSPIN #72480556)

Price History

Date / Event Date Event Price
Aug 12, 2019 Sold
Premium
Sold
Apr 11, 2019 Listed by Don Baker Real Estate $319,900
Listed by Don Baker Real Estate
Apr 3, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 572
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,567
  • Total Building Area: 1,001
  • Gross Building Area: 1,860
  • Building Area: 1,001
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,001
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • 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: 206200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:084 B:700 L:030
  • Block: 700
  • Lot: 30
  • Municipality: LYNN
  • Latitude: 42.4709
  • Longitude: -70.9458

    Address

  • Full Address: 113 Jefferson St
  • Address - House Number: 113
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C048
  • 4-Digit Zip Code: 3549
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $435,900

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 450,342
  • High Value: 564,843
  • Low Value: 335,841

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,000
  • Assessed Land Value: $180,200
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190812003560
  • Previous Sale Recording Date: Apr 03, 2018
  • Previous Sale Amount: $239,900
  • 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:

$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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72480556

Frequently Asked Questions

When was property at 113 Jefferson Street built and last sold?
The property at 113 Jefferson Street was built in 1875 and last sold on Jul 30, 2019 for $315,000.
How much is this home worth?
The estimated value of the home located at 113 Jefferson Street is $326,388.
What are some comparable homes to 113 Jefferson Street?
There are currently no comparable homes to 113 Jefferson Street.
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