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Lynn 01902
12 Baker St
$345,000
● House - Off Market

12 Baker St

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,847 Ft²
$533,790
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Gracious open stairway with newel post lamp and built-in bench at entry foyer. Two story bay windows in front, left, and right sides.High Ceilings. Window seat in one BR. Combination master/jack-jill bathroom on 2nd floor.Two nice fireplaces with gracious carved/tiled mantle surrounds. Knottypine panelling for eat-in kitchen and pantry. Two story rear porches in need of repair.Five bedrooms in addition to unheated finished third floor room and additional unfinished third floor space with high ceilings. Doctor's home/office with one first floor room broken into four smaller examining rooms. Newer roof, Newer HW tank, New oil tank.This home with great details and character has the potential to be condo'd, or possibly to be turned into a two family home.  Buyer/agent to do due diligence for these considerations.
Unit Size
2,847 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$121
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1880

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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: 4 months ago (MLSPIN #72236977)

Price History

Date / Event Date Event Price
Jan 30, 2018 Sold
Premium
Sold
Sep 4, 2017 Listed by EXIT Elite Realty $345,000
Listed by EXIT Elite Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 7
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,292
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,150
  • Total Building Area: 3,276
  • Gross Building Area: 5,404
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000095
  • 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: 206100

Zoning

  • Zoning: R5

Geography

  • Parcel: LYNN M:053 B:723 L:027
  • Block: 723
  • Lot: 27
  • Municipality: LYNN
  • Latitude: 42.4641
  • Longitude: -70.9578

    Address

  • Full Address: 12 Baker St
  • Address - House Number: 12
  • Address - Street Name: Baker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C053
  • 4-Digit Zip Code: 4302
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $670,000

    Appraisal Valuation

  • Standard Deviation: 0.2726
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 573,724
  • High Value: 729,779
  • Low Value: 417,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,300
  • Assessed Land Value: $185,300
  • Assessed Improvements Value: $451,000

    Sales

  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180130002240
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

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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# 72236977

Frequently Asked Questions

When was property at 12 Baker Street built and last sold?
The property at 12 Baker Street was built in 1880 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 12 Baker Street is $349,012.
What are some comparable homes to 12 Baker Street?
There are currently no comparable homes to 12 Baker Street.
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