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Lynn 01902
299 Chatham St
$405,000
● House - Off Market

299 Chatham St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,347 Ft²
$422,258
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

Well Maintained 6 Room, 4 Bedroom, 1 Bathroom Colonial Available! First Floor Boasts Living Room with Hardwood Floors, Large Renovated Eat-In Kitchen with Stainless Steel Appliances, Pantry, Spacious Bedroom and Full Renovated Bathroom. Second Floor Boasts 3 Good Size Bedrooms. Included 1 Paved Parking Space. Deck and Patio In The Back For Entertaining.
Unit Size
1,347 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$304
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (MLSPIN #73076220)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Feb 3, 2023 Listed by Toner Real Estate, LLC $409,900
Listed by Toner Real Estate, LLC
Jun 1, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 764
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,520
  • Total Building Area: 1,347
  • Gross Building Area: 2,731
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:096 B:471 L:040
  • Block: 471
  • Lot: 40
  • Municipality: LYNN
  • Latitude: 42.4757
  • Longitude: -70.9385

    Address

  • Full Address: 299 Chatham St
  • Address - House Number: 299
  • Address - Street Name: Chatham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C018
  • 4-Digit Zip Code: 2133
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $474,700

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 504,908
  • High Value: 600,745
  • Low Value: 409,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,800
  • Assessed Land Value: $160,400
  • Assessed Improvements Value: $290,400

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230306002500
  • Previous Sale Recording Date: Jun 01, 1993
  • Previous Sale Amount: $70,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2465 ft²

Average Home Age

97.1 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73076220

Frequently Asked Questions

When was property at 299 Chatham Street built and last sold?
The property at 299 Chatham Street was built in 1900 and last sold on Mar 6, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 299 Chatham Street is $416,469.
What are some comparable homes to 299 Chatham Street?
There are currently no comparable homes to 299 Chatham Street.
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