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Lynn 01904
281 Jenness Street
Photo of 281 Jenness Street

1

Map

$265,000
● House - Off Market

281 Jenness Street

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,516 Ft²
$1,555
Est. Monthly

About This Property

WELL MAINTAINED RANCH DINING ROOM OFF KITCHEN COULD BE 3RD BR. BOTH BR'S HAVE DOUBLE CLOSETS.NATURAL WOODWORK, ISLAND STYLE KITCHEN ENCLOSED FRONT & BACK PORCHES, CARPORT, FINISHED BASEMENT, come enjoy Sluice pond. IF YOU'RE LOOKING FOR A GREAT NEIGHBORHOOD, on lock box,  PLEASE USE THE H3 LINK TO SCHEDULE APPOINTMENT. Short sale subject to third party approval.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$175
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1954

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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 #70906103)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Jul 18, 2013 Listed by A.J. Realty $232,000
Listed by A.J. Realty
May 30, 2013 Sold
Premium
Sold
Jan 24, 2013 Listed by A.J. Realty $164,900
Listed by A.J. Realty
Apr 21, 2009 Listed by A.J. Realty $265,000
Listed by A.J. Realty
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,287
  • Total Building Area: 960
  • Gross Building Area: 2,432
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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:076 B:096 L:010
  • Block: 96
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.4954
  • Longitude: -70.9649

    Address

  • Full Address: 281 Jenness St
  • Address - House Number: 281
  • Address - Street Name: Jenness
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1550
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $498,800

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 533,994
  • High Value: 618,340
  • Low Value: 449,647

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,700
  • Assessed Land Value: $195,600
  • Assessed Improvements Value: $278,100

    Sales

  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 216
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Amount: $156,000
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70906103

Frequently Asked Questions

When was property at 281 Jenness Street built and last sold?
The property at 281 Jenness Street was built in 1954 and last sold on Jan 1, 1970 for $218,000.
How much is this home worth?
The estimated value of the home located at 281 Jenness Street is $248,209.
What are some comparable homes to 281 Jenness Street?
There are currently no comparable homes to 281 Jenness Street.
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