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Lynn 01905
164 Myrtle St.
$390,000
● House - Off Market

164 Myrtle St.

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,339 Ft²
$548,739
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Cute-as-a-button Cape on spacious lot (almost 1/4 acre!) in West Lynn. Hardwood floors, updated bath with designer-inspired accents. Dining Room ideal for entertaining and special gatherings. Master BR has custom-built cabinets/drawers. Lots of kitchen cabinet space and spacious enough to add an island!  Natural gas an option to explore for cooking. Side porch can be your own Green House to start veggie seedlings, or Mud Room. New/er 3 yr. roof, interior painting. Boiler 9 yrs old. Put your own cosmetic signature on upstairs bedrooms. Bountiful basement and attic eaves storage. Double pane tilt windows. Fence materials for Buyer to install, valued approximate $700, gift to Buyer. Near Frey Playground, Birch Pond, Lynnwoods Reservation. Convenient to Routes 1,128, 95.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$288
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1940

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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 #72490872)

Price History

Date / Event Date Event Price
Jul 3, 2019 Sold
Premium
Sold
Apr 30, 2019 Listed by J. Barrett & Company $385,000
Listed by J. Barrett & Company
May 29, 2003 Sold
Premium
Sold
Mar 2, 2003 Listed by J. Barrett & Company $250,500
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 638
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,695
  • Total Building Area: 1,339
  • Gross Building Area: 2,815
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:039 B:353 L:072
  • Block: 353
  • Lot: 72
  • Municipality: LYNN
  • Latitude: 42.4701
  • Longitude: -70.9775

    Address

  • Full Address: 164 Myrtle St
  • Address - House Number: 164
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C007
  • 4-Digit Zip Code: 1107
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,900

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 612,275
  • High Value: 724,554
  • Low Value: 499,996

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,900
  • Assessed Land Value: $220,100
  • Assessed Improvements Value: $308,800

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jul 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190703003230
  • Previous Sale Recording Date: May 29, 2003
  • Previous Sale Amount: $250,500
  • 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:

$592,493

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2462 ft²

Average Home Age

96.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72490872

Frequently Asked Questions

When was property at 164 Myrtle Street built and last sold?
The property at 164 Myrtle Street was built in 1940 and last sold on Jun 26, 2019 for $390,000.
How much is this home worth?
The estimated value of the home located at 164 Myrtle Street is $392,985.
What are some comparable homes to 164 Myrtle Street?
There are currently no comparable homes to 164 Myrtle Street.
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