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Lynn 01904
16 Brooklawn Ter
$265,000
● House - Off Market

16 Brooklawn Ter

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,249 Ft²
$454,090
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Group showing Wednesday 5/10/17 5pm   Well loved home with updated Kitchen. Newer half bath added on first floor.. Updated full bath on second floor with three good sized bedrooms.   Sale is contingent on obtaining a License to Sell from the Probate Court,  this house will likely not qualify for FHA financing.  Please review all disclosure documents for this listing.
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$232
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72146803)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
Apr 9, 2021 Listed by Cameron Real Estate Group $394,900
Listed by Cameron Real Estate Group
Jun 30, 2017 Sold
Premium
Sold
Apr 17, 2017 Listed by Cameron Real Estate Group $289,900
Listed by Cameron Real Estate Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 742
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,640
  • Total Building Area: 1,249
  • Gross Building Area: 2,380
  • Building Area: 1,249
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,249
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 205100

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:098 B:163 L:035
  • Block: 163
  • Lot: 35
  • Municipality: LYNN
  • Latitude: 42.4835
  • Longitude: -70.944

    Address

  • Full Address: 16 Brooklawn Ter
  • Address - House Number: 16
  • Address - Street Name: Brooklawn
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C039
  • 4-Digit Zip Code: 2407
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 559,472
  • High Value: 658,551
  • Low Value: 460,392

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,600
  • Assessed Land Value: $187,500
  • Assessed Improvements Value: $346,100

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210707000080
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Amount: $275,000
  • 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:

$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# 72146803

Frequently Asked Questions

When was property at 16 Brooklawn Terrace built and last sold?
The property at 16 Brooklawn Terrace was built in 1910 and last sold on Jul 6, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 16 Brooklawn Terrace is $401,919.
What are some comparable homes to 16 Brooklawn Terrace?
There are currently no comparable homes to 16 Brooklawn Terrace.
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