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Lynn 01902
20 Stephen Terrace
$225,000
● House - Off Market

20 Stephen Terrace

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,000 Ft²
$371,193
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Absolutely lovely Colonial on a dead end street in the Goldfish Pond neighborhood with modern baths and a modern eat in kitchen with granite counter tops and stainless steel appliances. Beautiful hardwood floors on the first floor, wall to wall carpets on the stairs,hallway, and bedrooms. Off street parking and an easily maintained yard make this a must see property. New roof with clog free gutters in 2010 and the electrical was updated to current code in 2009. Move in condition. Close to bus lines, commuter rail, and the beach.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$225
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1870

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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 #72067148)

Price History

Date / Event Date Event Price
Nov 2, 2016 Sold
Premium
Sold
Sep 14, 2016 Listed by Armstrong Field Real Estate $225,000
Listed by Armstrong Field Real Estate
Mar 9, 2009 Sold
Premium
Sold
Jan 15, 2009 Listed by Armstrong Field Real Estate $169,900
Listed by Armstrong Field Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1963
  • 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: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,856
  • Total Building Area: 998
  • Gross Building Area: 1,716
  • Building Area: 998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 998
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000043
  • 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:094 B:521 L:045
  • Block: 521
  • Lot: 45
  • Municipality: LYNN
  • Latitude: 42.4661
  • Longitude: -70.9323

    Address

  • Full Address: 20 Stephen Ter
  • Address - House Number: 20
  • Address - Street Name: Stephen
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C031
  • 4-Digit Zip Code: 2419
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $412,900

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 427,585
  • High Value: 536,301
  • Low Value: 318,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,100
  • Assessed Land Value: $158,100
  • Assessed Improvements Value: $234,000

    Sales

  • Current Sale Recording Date: Nov 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 407
  • Previous Sale Recording Date: Mar 09, 2009
  • Previous Sale Amount: $157,000
  • 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

2697 ft²

Average Home Age

97 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: 4 months ago
Data Source: MLS PIN, MLS# 72067148

Frequently Asked Questions

When was property at 20 Stephen Terrace built and last sold?
The property at 20 Stephen Terrace was built in 1870 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 20 Stephen Terrace is $233,168.
What are some comparable homes to 20 Stephen Terrace?
There are currently no comparable homes to 20 Stephen Terrace.
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