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Lynn 01902
15 Lovett Place
$95,000
● House - Off Market

15 Lovett Place

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$205,291
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Diamond District - Walk to the beach from this Cottage - just needs you!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$110
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1900

Payment Calculator

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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 #71241478)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Oct 26, 2020 Listed by Jonah REALTORS® $260,000
Listed by Jonah REALTORS®
Aug 25, 2011 Sold
Premium
Sold
Jun 1, 2011 Listed by Jonah REALTORS® $99,000
Listed by Jonah REALTORS®
Sep 30, 2009 Sold
Premium
Sold
Show More

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: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 539
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,459
  • Total Building Area: 896
  • Gross Building Area: 1,583
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 896
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR PETERS
  • Land Acres: 0000000033
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:093 B:559 L:020
  • Block: 559
  • Lot: 20
  • Municipality: LYNN
  • Latitude: 42.4656
  • Longitude: -70.9288

    Address

  • Full Address: 15 Lovett Pl
  • Address - House Number: 15
  • Address - Street Name: Lovett
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 2510
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $337,200

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 377,552
  • High Value: 449,063
  • Low Value: 306,041

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $320,200
  • Assessed Land Value: $156,200
  • Assessed Improvements Value: $164,000

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201216003520
  • Previous Sale Recording Date: Aug 25, 2011
  • Previous Sale Amount: $95,000
  • 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:

$589,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2470 ft²

Average Home Age

96.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71241478

Frequently Asked Questions

When was property at 15 Lovett Place built and last sold?
The property at 15 Lovett Place was built in 1900 and last sold on Dec 9, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 15 Lovett Place is $258,770.
What are some comparable homes to 15 Lovett Place?
There are currently no comparable homes to 15 Lovett Place.
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