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Lynn 01902
16 Logan St
$370,000
● House - Off Market

16 Logan St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$477,250
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Move in Ready !!!!!  NEW ICE Cold air-conditioning. All new appliance Kitchen , Bath, flooring, paint. New High efficiency heating and cooling with 10 year warranty. Convenient location off route 129 near Keaney Park. Agents easy to show. Vacant...log and go in showingtime  . accepting back-up offers  Open House Saturday - Sunday Noon to 2PM
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$365
Property Type
House
Property Taxes
$336
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 #72693400)

Price History

Date / Event Date Event Price
Sep 4, 2020 Sold
Premium
Sold
Jul 17, 2020 Listed by RE/MAX Renaissance Inc $365,000
Listed by RE/MAX Renaissance Inc
May 19, 2020 Sold
Premium
Sold
Jun 6, 2019 Listed by RE/MAX Renaissance Inc $249,000
Listed by RE/MAX Renaissance Inc

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • 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: 434
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,022
  • Total Building Area: 746
  • Gross Building Area: 1,540
  • Building Area: 746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 746
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 206300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:084 B:500 L:014
  • Block: 500
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.4735
  • Longitude: -70.9403

    Address

  • Full Address: 16 Logan St
  • Address - House Number: 16
  • Address - Street Name: Logan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 2234
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,100

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 448,560
  • High Value: 530,923
  • Low Value: 366,196

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $424,600
  • Assessed Land Value: $171,400
  • Assessed Improvements Value: $253,200

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200904007720
  • Previous Sale Recording Date: May 19, 2020
  • Previous Sale Contract Date: May 18, 2020
  • Previous Sale Amount: $205,000
  • 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:

$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# 72693400

Frequently Asked Questions

When was property at 16 Logan Street built and last sold?
The property at 16 Logan Street was built in 1900 and last sold on Sep 3, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 16 Logan Street is $366,589.
What are some comparable homes to 16 Logan Street?
There are currently no comparable homes to 16 Logan Street.
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