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Lynn 01904
16 Boynton Street
$293,000
● House - Off Market

16 Boynton Street

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,320 Ft²
$521,396
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

Ranch home in desirable  Flax Pond WARD 1 area.....nice quiet street, close to everything. One level living with 3 good size bedrooms, Xlarge living room, eat in cabinet kitchen, and full bath w/ jaccuzzi tub. Additional living space in lower level...bdrm,fam.room, bath with shower and sun room with cathedral ceilings & skylight.... newer windows, vinyl siding, maint. free. tiered yard, driveway, shed and above ground pool that needs liner.Nice curb appeal with plenty of perrenials.
Unit Size
2,320 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$128
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1960

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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 #70225535)

Price History

Date / Event Date Event Price
Aug 10, 2017 Sold
Premium
Sold
Dec 31, 2008 Sold
Premium
Sold
Oct 5, 2005 Sold
Premium
Sold
Jul 14, 2005 Listed by Assist 2 Sell - S & B Realty $295,900
Listed by Assist 2 Sell - S & B Realty
Feb 13, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,040
  • Gross Building Area: 2,338
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANSFIELD ESTATE
  • Land Acres: 0000000115
  • 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: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:073 B:196 L:018
  • Block: 196
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4817
  • Longitude: -70.9571

    Address

  • Full Address: 16 Boynton St
  • Address - House Number: 16
  • Address - Street Name: Boynton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2505
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,100

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 520,228
  • High Value: 619,221
  • Low Value: 421,236

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,400
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $282,300

    Sales

  • Current Sale Recording Date: Aug 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 341
  • Previous Sale Recording Date: Dec 31, 2008
  • Previous Sale Amount: $190,000
  • 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:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70225535

Frequently Asked Questions

When was property at 16 Boynton Street built and last sold?
The property at 16 Boynton Street was built in 1960 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 16 Boynton Street is $329,602.
What are some comparable homes to 16 Boynton Street?
There are currently no comparable homes to 16 Boynton Street.
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