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Hampshire
3 Lynn Drive
$252,000
● House - Off Market

3 Lynn Drive

Southampton, MA 01073
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$200,235
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

5 Room, 3 Bedroom, 1 Bath Ranch with one car garage on dead end street in convenient location close to Norris Elementary School, restaurants and shopping. Needs updating but has lots of potential with large, fenced yard, hardwood floors and full basement.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$208
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #73105288)

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold
Premium
Sold
May 9, 2023 In contract -
In contract
May 1, 2023 Listed by Canon Real Estate, Inc. $199,900
Listed by Canon Real Estate, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 960
  • Gross Building Area: 2,242
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hampshire School District
  • School Tax School District: SOUTHAMPTON SD
  • Census Tract: 822500

Geography

  • Parcel: SHAM M:019 B:138 L:
  • Block: 138
  • Municipality: SOUTHAMPTON
  • Latitude: 42.2375
  • Longitude: -72.7195

    Address

  • Full Address: 3 Lynn Dr
  • Address - House Number: 3
  • Address - Street Name: Lynn
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Southampton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9488
  • Zip Code: 01073

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $376,100

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 304,214
  • High Value: 368,569
  • Low Value: 239,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $263,900
  • Assessed Land Value: $105,800
  • Assessed Improvements Value: $158,100

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8673

    Financing

  • First Mortgage Financing Type: ADJ
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 Hampshire

Stats & Trends

Median Asking:

$463,750

Sale Price/ft²

$286

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2077 ft²

Average Home Age

70.3 years

Currently For Sale

354 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: 4 months ago
Data Source: MLS PIN, MLS# 73105288

Frequently Asked Questions

When was property at 3 Lynn Drive built and last sold?
The property at 3 Lynn Drive was built in 1965 and last sold on Jun 14, 2023 for $252,000.
How much is this home worth?
The estimated value of the home located at 3 Lynn Drive is $210,871.
What are some comparable homes to 3 Lynn Drive?
There are currently no comparable homes to 3 Lynn Drive.
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