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Lynn 01902
156 Williams Ave
$700,000
● House - Off Market

156 Williams Ave

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,462 Ft²
$638,434
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Complete gut this thoughtfully designed,  Featuring Hardwood Floors Throughout, new roof, new windows, new custom cabinets, Granite Counters, Top of the Line Stainless Steel Appliances, three full bathrooms, huge finish basement, parking for up to 8 cars, new plumbing, new electrical, huge and private back yard and much more.
Unit Size
2,462 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$256
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1910

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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 #72964772)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by Hacienda Realty $629,999
Listed by Hacienda Realty
Dec 20, 2021 Sold
Premium
Sold
Nov 15, 2021 Listed by Hacienda Realty $289,000
Listed by Hacienda Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 1,422
  • Gross Building Area: 2,462
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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: 206500

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:515 L:014
  • Block: 515
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.4706
  • Longitude: -70.934

    Address

  • Full Address: 156 Williams Ave
  • Address - House Number: 156
  • Address - Street Name: Williams
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 2348
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $618,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 590,357
  • High Value: 683,606
  • Low Value: 497,107

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,900
  • Assessed Land Value: $181,000
  • Assessed Improvements Value: $405,900

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220518001080
  • Previous Sale Recording Date: Dec 20, 2021
  • Previous Sale Contract Date: Dec 13, 2021
  • Previous Sale Amount: $350,000
  • 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:

$598,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72964772

Frequently Asked Questions

When was property at 156 Williams Avenue built and last sold?
The property at 156 Williams Avenue was built in 1910 and last sold on May 17, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 156 Williams Avenue is $651,640.
What are some comparable homes to 156 Williams Avenue?
There are currently no comparable homes to 156 Williams Avenue.
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