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Lynn 01905
16 Clark Circle
$489,900
● House - Off Market

16 Clark Circle

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,037 Ft²
$653,637
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Classic Colonial With 8 Rooms, 3 Bedrooms, 1.5 Bathrooms and A 1 Car Garage Located On A Quiet Cul-de-Sac In Desirable Pine Hill Neighborhood!! Main Level Boasts Formal Fireplace Livingroom, Renovated Eat-In Kitchen With Gas Cooking and Open Concept To Oversized Dining Room, Half Bath and Adjoining Family Room. Recessed Lighting and Hardwood Floors Throughout! 2nd Floor Offers 3 Generous Size Bedrooms, Full Bath and Walk-Up Attic. The Master Bedroom Has Access to Private Deck. Finished Basement With Fireplace Family Room, Laundry Area and Loads of Storage. Numerous Updates Include Vinyl Siding, NewerTilt-In Windows, 4 Zone Gas Heat, 200 AMP Electric, and 1 Year Old Roof. Beautiful Fenced Backyard With Trek Decking and Pavers. Great Family Home!
Unit Size
2,037 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$245
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1963

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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 #72696217)

Price History

Date / Event Date Event Price
Sep 29, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by Toner Real Estate, LLC $499,900
Listed by Toner Real Estate, LLC
Jun 30, 1999 Sold
Premium
Sold
Feb 12, 1999 Listed by Toner Real Estate, LLC $239,000
Listed by Toner Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,414
  • Total Building Area: 2,037
  • Gross Building Area: 3,487
  • Building Area: 2,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,037
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 205500

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:056 B:230 L:008
  • Block: 230
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4767
  • Longitude: -70.9684

    Address

  • Full Address: 16 Clark Cir
  • Address - House Number: 16
  • Address - Street Name: Clark
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lynn
  • Carrier Code: C011
  • 4-Digit Zip Code: 1211
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,400

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 666,744
  • High Value: 825,745
  • Low Value: 507,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $616,700
  • Assessed Land Value: $197,100
  • Assessed Improvements Value: $419,600

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200929005950
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Amount: $216,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 72696217

Frequently Asked Questions

When was property at 16 Clark Circle built and last sold?
The property at 16 Clark Circle was built in 1963 and last sold on Sep 24, 2020 for $489,900.
How much is this home worth?
The estimated value of the home located at 16 Clark Circle is $507,958.
What are some comparable homes to 16 Clark Circle?
There are currently no comparable homes to 16 Clark Circle.
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