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Lynn 01902
3 Isabella St
$485,000
● House - Off Market

3 Isabella St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$441,475
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Look no more for a move in ready Colonial within a mile of Lynnshore Drive and Beach! 3 generous bedrooms including primary bedroom with walk in closet and 2nd bedroom with 2 closets. Full ceramic tile bath with vaulted ceiling and skylight. Main level offers a spacious living room with walk out bay windows, high ceiling and open to the dining room with built in shelves and a newer slider to the oversized deck!  This home has lots of charm and old world character including the breakfast staircase to kitchen and front entry! There is great potential for added living area in the lower level with high ceilings and walkout to the yard. Enjoy entertaining on the oversized deck and the level yard! School, playground, shopping and transportation and beach all close by!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$357
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1880

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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: 6 months ago (MLSPIN #73107112)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 11, 2023 In contract -
In contract
May 4, 2023 Listed by RE/MAX Realty Experts $440,000
Listed by RE/MAX Realty Experts
Apr 30, 1999 Sold
Premium
Sold
Mar 8, 1999 Listed by RE/MAX Realty Experts $134,900
Listed by RE/MAX Realty Experts

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • 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: 5
  • Exterior Walls Type: 1
  • 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: 715
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,564
  • Total Building Area: 1,232
  • Gross Building Area: 2,450
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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:105 B:421 L:015
  • Block: 421
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.4792
  • Longitude: -70.9297

    Address

  • Full Address: 3 Isabella St
  • Address - House Number: 3
  • Address - Street Name: Isabella
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1211
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.243
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 502,967
  • High Value: 625,070
  • Low Value: 380,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,300
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $243,300

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230623000680
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $134,900
  • 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

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73107112

Frequently Asked Questions

When was property at 3 Isabella Street built and last sold?
The property at 3 Isabella Street was built in 1880 and last sold on Jun 23, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 3 Isabella Street is $435,602.
What are some comparable homes to 3 Isabella Street?
There are currently no comparable homes to 3 Isabella Street.
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