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Peabody 01960 South Peabody
183 Lynn St.
$255,500
● House - Off Market

183 Lynn St.

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,293 Ft²
$420,222
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

This 3 Bedroom 2 bath Colonial  has been with one Family for 70 years!  Its time for a new family to bring there ideas and updates! This home features hardwood floors throughout both levels, separate Laundry Room and a Bonus Room for a 4th Bedroom, Office, Den etc. All this plus off street parking, detached Garage and a nice level back yard. Move to Peabody and take advantage of these  taxes at $2660.49 a year!!  Property is convenient to Routes 1 and 128, the Brown School, park and the farm stand.       House needs repairs and updating but lots of potential and opportunities.
Unit Size
1,293 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$186
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1850

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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: 6 months ago (MLSPIN #71908309)

Price History

Date / Event Date Event Price
Nov 10, 2015 Sold
Premium
Sold
Sep 22, 2015 Listed by Century 21 North Shore $239,900
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 320
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,468
  • Total Building Area: 1,293
  • Gross Building Area: 1,293
  • Building Area: 1,293
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,293
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARGUERITE Y SMITH PEABODY
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210500

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14600
  • Parcel: PEAB M:0115 B:0137-B
  • Block: 137-B
  • Municipality: PEABODY
  • Latitude: 42.5047
  • Longitude: -70.9523

    Address

  • Full Address: 183 Lynn St
  • Address - House Number: 183
  • Address - Street Name: Lynn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C003
  • 4-Digit Zip Code: 6435
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,300

    Appraisal Valuation

  • Standard Deviation: 0.256
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 550,552
  • High Value: 691,605
  • Low Value: 409,498

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,600
  • Assessed Land Value: $218,900
  • Assessed Improvements Value: $295,700

    Sales

  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 552
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 South Peabody

Stats & Trends

Median Asking:

$662,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1588 ft²

Average Home Age

94.9 years

Currently For Sale

14 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: 6 months ago
Data Source: MLS PIN, MLS# 71908309

Frequently Asked Questions

When was property at 183 Lynn Street built and last sold?
The property at 183 Lynn Street was built in 1850 and last sold on Jan 1, 1970 for $255,500.
How much is this home worth?
The estimated value of the home located at 183 Lynn Street is $260,302.
What are some comparable homes to 183 Lynn Street?
There are currently no comparable homes to 183 Lynn Street.
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