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Lynn 01905
23 Richard St
$265,000
● House - Off Market

23 Richard St

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,544 Ft²
$491,358
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

This beautiful home is priced to sell !!!! Awaiting a buyer who needs nothing to do but move in ! Totally renovated Colonial  and conveniently located on the Saugus line. Huge eat in kitchen with open floor plan. Kitchen has granite and stainless appliances with recessed lighting and glass tile backsplash.  Stack-able washer & dryer on 2nd floor stays. Beautiful tiled bathrooms. Tile floors and wall to wall carpeting. Newer electric and roof. Potential 4th bedroom or office or dining room has separate entrance. Lovely deck and paved yard and driveway with new PVC fence. Best value with condition, 2 full baths, 1 year renovations on market ! Sellers would like to relocate to Florida before winter. Buyer to receive $200.00 gift card of choice at closing!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$174
Property Type
House
Property Taxes
$274
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: 6 months ago (MLSPIN #71694563)

Price History

Date / Event Date Event Price
Oct 1, 2014 Sold
Premium
Sold
Jun 6, 2014 Listed by RE/MAX Trinity $269,000
Listed by RE/MAX Trinity
Feb 28, 2013 Sold
Premium
Sold
Jan 9, 2013 Listed by RE/MAX Trinity $215,800
Listed by RE/MAX Trinity

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,010
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 1,586
  • Gross Building Area: 2,938
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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: 207200

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:036 B:788 L:008
  • Block: 788
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4553
  • Longitude: -70.9675

    Address

  • Full Address: 23 Richard St
  • Address - House Number: 23
  • Address - Street Name: Richard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C009
  • 4-Digit Zip Code: 2803
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,600

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 575,200
  • High Value: 684,002
  • Low Value: 466,399

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $535,200
  • Assessed Land Value: $178,500
  • Assessed Improvements Value: $356,700

    Sales

  • Current Sale Recording Date: Oct 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100393
  • Previous Sale Recording Date: Feb 28, 2013
  • Previous Sale Amount: $220,800
  • 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 Lynn

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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# 71694563

Frequently Asked Questions

When was property at 23 Richard Street built and last sold?
The property at 23 Richard Street was built in 1900 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 23 Richard Street is $281,607.
What are some comparable homes to 23 Richard Street?
There are currently no comparable homes to 23 Richard Street.
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