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Peabody 01960 South Peabody
22 Lynn St
$390,000
● House - Off Market

22 Lynn St

Peabody, MA 01960
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,108 Ft²
$721,525
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

***** PRICE REDUCTION ***** OPEN HOUSE SUNDAY!  This home was BUILT IN 2003, is lovingly maintained and the entire interior is newly painted. The main level has a LARGE OPEN CONCEPT kitchen and dinning room , bamboo hardwood floors throughout, an updated kitchen with granite counters and stainless appliances, and a spacious master bedroom with a hot tub. The finished lower level is perfect for young children, teens or an exercise space and features a walk-out great family room , 2 bedrooms and sliders overlooking fenced private yard which abuts conservation land! Do not miss this opportunity for MOVE-IN READY comfortable living with so much great space to offer.
Unit Size
2,108 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$192
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
2003

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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 #71733322)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by RE/MAX Leading Edge $550,000
Listed by RE/MAX Leading Edge
Apr 13, 2015 Sold
Premium
Sold
Aug 22, 2014 Listed by RE/MAX Leading Edge $404,000
Listed by RE/MAX Leading Edge
Dec 27, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,674
  • Total Building Area: 2,108
  • Gross Building Area: 2,108
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000429
  • 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: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 15816
  • Parcel: PEAB M:0102 B:0260-A
  • Block: 260-A
  • Municipality: PEABODY
  • Latitude: 42.5167
  • Longitude: -70.9435

    Address

  • Full Address: 22 Lynn St
  • Address - House Number: 22
  • Address - Street Name: Lynn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Peabody
  • Carrier Code: C049
  • 4-Digit Zip Code: 5733
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,300

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 724,953
  • High Value: 839,829
  • Low Value: 610,077

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,800
  • Assessed Land Value: $226,500
  • Assessed Improvements Value: $393,300

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210910003820
  • Previous Sale Recording Date: Apr 13, 2015
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71733322

Frequently Asked Questions

When was property at 22 Lynn Street built and last sold?
The property at 22 Lynn Street was built in 2003 and last sold on Sep 10, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 22 Lynn Street is $570,083.
What are some comparable homes to 22 Lynn Street?
There are currently no comparable homes to 22 Lynn Street.
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