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Lynn 01902
164 Ocean St
Photo of 164 Ocean St
Sold on May 7, 2010

1

Map

$485,000
● House - Off Market

164 Ocean St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,064 Ft²
$1,052,765
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

Diamond District!!  One of a kind Brick Colonial located in lynn's Premier diamond district!  3/4 bedrooms, 3 full baths, recently updated.Central Air, 2 car attached garage,Dining room,  Hardwood floors throughout, family room with fireplace in basement, Brand new granite kitchen with stainless steel appliances.  Beautiful living room with fireplace with french doors to enclosed porch.  bedroom has veranda with ocean views. Nice yard.Fios ready,   first open house this sunday
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$251
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1888

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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: 2 years ago (MLSPIN #71039623)

Price History

Date / Event Date Event Price
May 7, 2010 Sold
Premium
Sold
Mar 1, 2010 Listed $519,000
Listed
Jun 11, 2009 Sold
Premium
Sold
Apr 17, 2009 Listed $389,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,199
  • Total Building Area: 2,072
  • Gross Building Area: 4,624
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:093 B:564 L:018
  • Block: 564
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4635
  • Longitude: -70.9293

    Address

  • Full Address: 164 Ocean St
  • Address - House Number: 164
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C032
  • 4-Digit Zip Code: 3146
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $908,900

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 818,821
  • High Value: 986,336
  • Low Value: 651,305

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $863,200
  • Assessed Land Value: $233,600
  • Assessed Improvements Value: $629,600

    Sales

  • Current Sale Recording Date: May 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 11, 2009
  • Previous Sale Amount: $380,000
  • 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

2704 ft²

Average Home Age

97.1 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71039623

Frequently Asked Questions

When was property at 164 Ocean Street built and last sold?
The property at 164 Ocean Street was built in 1888 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 164 Ocean Street is $0.
What are some comparable homes to 164 Ocean Street?
There are currently no comparable homes to 164 Ocean Street.
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