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Lynn 01902
18 Union Pl
$282,000
● House - Off Market

18 Union Pl

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,198 Ft²
$446,053
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Nice Colonial on side street with spacious yard and parking. Three bedrooms upstairs, and one room on 1st floor currently being used as 4th bedroom. Vinyl sided exterior. 10 year old roof. Forced hot water baseboard heat. Family room in basement. Many upgrades to bathrooms. Needs some TLC to be perfect. House has 4-6+ car parking lot area accessible from frontage on Tilton Terrace. Shed remains.
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$250
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72387020)

Price History

Date / Event Date Event Price
Nov 26, 2018 Sold
Premium
Sold
Sep 1, 2018 Listed by Martel Real Estate $299,900
Listed by Martel Real Estate
Oct 30, 2008 Sold
Premium
Sold
Sep 4, 2008 Listed by Martel Real Estate $79,900
Listed by Martel Real Estate
Sep 2, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • 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: 730
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,823
  • Total Building Area: 1,198
  • Gross Building Area: 2,248
  • Building Area: 1,198
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,198
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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: 206800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:083 B:609 L:095
  • Block: 609
  • Lot: 95
  • Municipality: LYNN
  • Latitude: 42.4696
  • Longitude: -70.9395

    Address

  • Full Address: 18 Union Pl
  • Address - House Number: 18
  • Address - Street Name: Union
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 3668
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 514,276
  • High Value: 595,509
  • Low Value: 433,044

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,400
  • Assessed Land Value: $194,300
  • Assessed Improvements Value: $288,100

    Sales

  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181126001530
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Amount: $100,500
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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# 72387020

Frequently Asked Questions

When was property at 18 Union Place built and last sold?
The property at 18 Union Place was built in 1900 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 18 Union Place is $302,807.
What are some comparable homes to 18 Union Place?
There are currently no comparable homes to 18 Union Place.
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