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Lynn 01904
145 Jenness Street
$340,000
● House - Off Market

145 Jenness Street

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,315 Ft²
$516,260
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Contemporary with spacious floor plan and view of Sluice Pond.  Property will not qualify for conventional financing (cash or rehab only).  This property qualifies for Freddie Mac first look initiative through 07/14/2020 seller and seller representative make no representations, either expressed or implied. seller addendum's apply. All offers must be good for 72 hours & must include all mls attachments. disclosures, questionnaire and pre-approval or proof of funds. No changes allowed to contract and addendum's. contract is due back to l/a within 48 hours with no changes or modifications and with a bank check of emd amount made out to listing agency. will not qualify for fha - being sold as is
Unit Size
1,315 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$296
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1965

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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 #72680148)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Aug 17, 2020 Sold
Premium
Sold
Jun 25, 2020 Listed by Coco, Early & Associates $388,900
Listed by Coco, Early & Associates
Feb 15, 2019 Sold
Premium
Sold
May 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 702
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,062
  • Total Building Area: 1,315
  • Gross Building Area: 3,103
  • Building Area: 1,315
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:075 B:084 L:006
  • Block: 84
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.491
  • Longitude: -70.9648

    Address

  • Full Address: 145 Jenness St
  • Address - House Number: 145
  • Address - Street Name: Jenness
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1757
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 567,897
  • High Value: 669,335
  • Low Value: 466,459

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $498,400
  • Assessed Land Value: $172,500
  • Assessed Improvements Value: $325,900

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220218004350
  • Previous Sale Recording Date: Aug 17, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $340,000
  • 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:

$598,450

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

96 years

Currently For Sale

148 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# 72680148

Frequently Asked Questions

When was property at 145 Jenness Street built and last sold?
The property at 145 Jenness Street was built in 1965 and last sold on Feb 18, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 145 Jenness Street is $395,269.
What are some comparable homes to 145 Jenness Street?
There are currently no comparable homes to 145 Jenness Street.
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