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Lynn 01902
14 Violet St
$319,000
● House - Off Market

14 Violet St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,259 Ft²
$477,954
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Move in ready, beautiful Colonial single family, freshly painted throughout, hardwood floor in most rooms, granite counter top and back splash, brand new stainless steel appliances. First level consist of closet on hallway, one bedroom, kitchen leads to open concept living room. Second level has 2 bedrooms with full bath. An extra office space in the attic, with a total of 230 sq ft. Full unfinished basement which can be access from inside and outside the home for extra storage; laundry, washer and dryer, located in the basement which will stay as a gift. There is gas for cooking and hot water, easy conversion to gas heating system. Driveway for 2 cars but fence can easily be moved to fit up to 4 cars. Close to Lynn Diamond District, Bus T, Commuter Rail, restaurants, ocean, bike trail, and many other amenities.
Unit Size
1,259 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$254
Property Type
House
Property Taxes
$250
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: 4 months ago (MLSPIN #72288125)

Price History

Date / Event Date Event Price
Apr 24, 2018 Sold
Premium
Sold
Mar 1, 2018 Listed by Powell Realty Group $319,900
Listed by Powell Realty Group
Jan 16, 2018 Sold
Premium
Sold
Oct 12, 2017 Listed by Powell Realty Group $219,900
Listed by Powell Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,352
  • Total Building Area: 1,259
  • Gross Building Area: 2,088
  • Building Area: 1,259
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,259
  • 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: R2

Geography

  • Parcel: LYNN M:082 B:604 L:003
  • Block: 604
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4667
  • Longitude: -70.9386

    Address

  • Full Address: 14 Violet St
  • Address - House Number: 14
  • Address - Street Name: Violet
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 2929
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,100

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 490,841
  • High Value: 568,372
  • Low Value: 413,311

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $438,800
  • Assessed Land Value: $175,500
  • Assessed Improvements Value: $263,300

    Sales

  • Current Sale Recording Date: Apr 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180424002260
  • Previous Sale Recording Date: Jan 16, 2018
  • Previous Sale Amount: $229,590
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 years

Currently For Sale

156 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# 72288125

Frequently Asked Questions

When was property at 14 Violet Street built and last sold?
The property at 14 Violet Street was built in 1900 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 14 Violet Street is $330,709.
What are some comparable homes to 14 Violet Street?
There are currently no comparable homes to 14 Violet Street.
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