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Lynn 01904
24 Clairmont Terrace
Photo of 24 Clairmont Terrace
Sold on Aug 27, 2008

1

Map

$255,000
● House - Off Market

24 Clairmont Terrace

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,663 Ft²
$536,741
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Well cared for pride of ownership Ward 1! Skylit master bedroom, updated kitchen 4 years of age, brand new 1st floor family room w/recessed lighting and new windows overlooks private yard and bluestone patio. Located on streets dead end! Nice clean basement. Fireplace living room, crown molding.4th floor bedroom very small 7x11. Family room has electric heat. Lots of space & charm!
Unit Size
1,663 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$162
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1942

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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 #70775962)

Price History

Date / Event Date Event Price
Aug 27, 2008 Sold
Premium
Sold
Jun 11, 2008 Listed $269,888
Listed
Jan 28, 1997 Sold
Premium
Sold
Oct 2, 1996 Listed $132,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,015
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,914
  • Total Building Area: 1,663
  • Gross Building Area: 3,210
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:109 L:011
  • Block: 109
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4882
  • Longitude: -70.956

    Address

  • Full Address: 24 Clairmont Ter
  • Address - House Number: 24
  • Address - Street Name: Clairmont
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 1936
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,600

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 597,575
  • High Value: 707,794
  • Low Value: 487,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,900
  • Assessed Land Value: $198,100
  • Assessed Improvements Value: $324,800

    Sales

  • Current Sale Recording Date: Aug 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 28, 1997
  • Previous Sale Amount: $130,000
  • 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

2698 ft²

Average Home Age

97.9 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# 70775962

Frequently Asked Questions

When was property at 24 Clairmont Terrace built and last sold?
The property at 24 Clairmont Terrace was built in 1942 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 24 Clairmont Terrace is $284,596.
What are some comparable homes to 24 Clairmont Terrace?
There are currently no comparable homes to 24 Clairmont Terrace.
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