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Lynn 01902
114 Adams St
$310,000
● House - Off Market

114 Adams St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,360 Ft²
$473,581
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

SELLER SHALL ENTERTAIN ALL OFFERS FROM $299,000-$329,900.00   Beautiful home close to shopping, commuter rail, and 5 min. drive to the ocean. You'll love the updated windows, new water heater, recently updated flat roof, abundant closet and storage space in this flowing floor plan. Enjoy your meals underneath the lighted coffered ceiling in the dining room. A spacious deck for grilling, with privacy, awaits you in the back with bench seating for everyone. Don't delay, come visit this immaculate home, in move in condition.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$220
Property Type
House
Property Taxes
$225
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: 6 months ago (MLSPIN #72141239)

Price History

Date / Event Date Event Price
May 19, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Berkshire Hathaway HomeServices Verani Realty $299,000
Listed by Berkshire Hathaway HomeServices Verani Realty
Jul 27, 2001 Sold
Premium
Sold
May 24, 2001 Listed by Berkshire Hathaway HomeServices Verani Realty $144,138
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,064
  • Total Building Area: 1,360
  • Gross Building Area: 2,136
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000047
  • 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: 206800

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:083 B:706 L:010
  • Block: 706
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.4705
  • Longitude: -70.9444

    Address

  • Full Address: 114 Adams St
  • Address - House Number: 114
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C048
  • 4-Digit Zip Code: 3546
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,500

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 525,683
  • High Value: 659,340
  • Low Value: 392,026

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $424,000
  • Assessed Land Value: $167,100
  • Assessed Improvements Value: $256,900

    Sales

  • Current Sale Recording Date: May 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 321
  • Previous Sale Recording Date: Jul 27, 2001
  • Previous Sale Amount: $145,500
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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: 6 months ago
Data Source: MLS PIN, MLS# 72141239

Frequently Asked Questions

When was property at 114 Adams Street built and last sold?
The property at 114 Adams Street was built in 1900 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 114 Adams Street is $312,385.
What are some comparable homes to 114 Adams Street?
There are currently no comparable homes to 114 Adams Street.
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