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Lynn 01902
16 Wildemere Place
$42,500
● House - Off Market

16 Wildemere Place

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,305 Ft²
$216,294
RealtyHop Estimate
333.46%
Since Sep 1, 1996
MA-Boston
Primary Model

About This Property

LOTS OF POTENTIAL WITH THIS ONE!  DEAD END STREET, PRIVATE, ENCLOSED YARD. FREDDIE MAC FINANCING FOR QUALIFIED BUYERS:  5% DOWN OWNER OCCUPIED, 15% DOWN INVESTOR, NO PMI, REDUCED CLOSING COSTS.
Unit Size
1,305 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$38
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #30117166)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
Sep 26, 2001 Sold
Premium
Sold
May 16, 1997 Sold
Premium
Sold
Mar 15, 1997 Listed by Connor Real Estate $119,500
Listed by Connor Real Estate
COMPLETELY REMODELED FROM ATTIC TO CELLAR. BRAND NEW EUROPEAN KITCHEN...NEW REFRIDGERATOR, DISHWASHER, MICROWAVE, WASHER AND DRYER. CUSTOM CARPET THROUGHOUT. HAS A YARD.
Aug 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 758
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,708
  • Total Building Area: 1,308
  • Gross Building Area: 2,320
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: R4

Geography

  • Parcel: LYNN M:097 B:450 L:040
  • Block: 450
  • Lot: 40
  • Municipality: LYNN
  • Latitude: 42.4791
  • Longitude: -70.9405

    Address

  • Full Address: 16 Wildemere Pl
  • Address - House Number: 16
  • Address - Street Name: Wildemere
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C018
  • 4-Digit Zip Code: 1537
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $441,800
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 500,271
  • High Value: 595,227
  • Low Value: 405,315

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,600
  • Assessed Land Value: $180,900
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230628001430
  • Previous Sale Recording Date: Sep 26, 2001
  • Previous Sale Amount: $137,000
  • 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:

$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 years ago
Data Source: MLS PIN, MLS# 30117166

Frequently Asked Questions

When was property at 16 Wildemere Place built and last sold?
The property at 16 Wildemere Place was built in 1920 and last sold on Jun 27, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 16 Wildemere Place is $0.
What are some comparable homes to 16 Wildemere Place?
There are currently no comparable homes to 16 Wildemere Place.
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