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Lynn 01902
16 Brookline Ave.
$449,900
● House - Off Market

16 Brookline Ave.

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$643,648
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

This home has been totally renovated, and everything is new, kitchen with beautiful quartz counter-tops and top of the line stainless steel appliances, spectacular contemporary bathrooms with glass shower doors, glass sinks and quartz vanities, hardwood floors throughout, 4 bedrooms and extra space in the finished basement.,   4 parking spaces and spacious backyard. Showings will start at the open house this Saturday from 11:00am to 12:30pm and Sunday from 11:00am to 12:30pm
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$232
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1900

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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 #72535011)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by United Brokers $449,900
Listed by United Brokers
May 31, 2018 Sold
Premium
Sold
Aug 31, 2007 Sold
Premium
Sold
May 4, 2007 Listed by Barrett, Chris. J., REALTORS® $179,900
Listed by Barrett, Chris. J., REALTORS®
Corporate Owned. Oversized single family on quiet street. Lots of Parking and nice back yard. Needs some updating but has lots of potential. 3 Bedrooms, H/W Floors, and 2 Bathrooms. Great for first time home buyer.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,115
  • Total Building Area: 1,136
  • Gross Building Area: 1,892
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • 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:529 L:011
  • Block: 529
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4707
  • Longitude: -70.9316

    Address

  • Full Address: 16 Brookline Ave
  • Address - House Number: 16
  • Address - Street Name: Brookline
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1812
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,300

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 555,074
  • High Value: 653,791
  • Low Value: 456,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,600
  • Assessed Land Value: $166,800
  • Assessed Improvements Value: $318,800

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190830006000
  • Previous Sale Recording Date: May 31, 2018
  • Previous Sale Amount: $222,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 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: 4 months ago
Data Source: MLS PIN, MLS# 72535011

Frequently Asked Questions

When was property at 16 Brookline Avenue built and last sold?
The property at 16 Brookline Avenue was built in 1900 and last sold on Aug 29, 2019 for $449,900.
How much is this home worth?
The estimated value of the home located at 16 Brookline Avenue is $464,837.
What are some comparable homes to 16 Brookline Avenue?
There are currently no comparable homes to 16 Brookline Avenue.
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