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Lynn 01902
13 Union Pl
$285,000
● House - Off Market

13 Union Pl

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,026 Ft²
$466,082
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Fresh total renovation. New kitchen and baths. New hardwood floors, maple cabinets, granite counter tops, and Samsung Appliances. New roof and siding. Energy efficient vinyl replacement windows. Off-street parking in driveway accessed by the front of house and additional parking in driveway at rear of house.Central A/C keep cool in the summer and warm in the winter. All brand new plumbing, all new electrical and fixtures. Open floor concept first floor. New deck on the back of the house.
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$292
Property Type
House
Property Taxes
$239
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: 5 months ago (MLSPIN #72185135)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
Aug 29, 2017 Sold
Premium
Sold
Jun 20, 2017 Listed by Top R.E. & Develpmt $299,900
Listed by Top R.E. & Develpmt
Mar 22, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • 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: 741
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,345
  • Total Building Area: 1,026
  • Gross Building Area: 1,882
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • 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: R4

Geography

  • Parcel: LYNN M:083 B:609 L:057
  • Block: 609
  • Lot: 57
  • Municipality: LYNN
  • Latitude: 42.4695
  • Longitude: -70.939

    Address

  • Full Address: 13 Union Pl
  • Address - House Number: 13
  • Address - Street Name: Union
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 3668
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,200

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 508,379
  • High Value: 595,660
  • Low Value: 421,098

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $465,500
  • Assessed Land Value: $175,500
  • Assessed Improvements Value: $290,000

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 668
  • Previous Sale Recording Date: Mar 22, 2017
  • Previous Sale Amount: $50,000
  • 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:

$592,493

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2462 ft²

Average Home Age

96.5 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# 72185135

Frequently Asked Questions

When was property at 13 Union Place built and last sold?
The property at 13 Union Place was built in 1900 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 13 Union Place is $306,755.
What are some comparable homes to 13 Union Place?
There are currently no comparable homes to 13 Union Place.
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