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Lynn 01905
31 Deer Park
$430,000
● House - Off Market

31 Deer Park

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,004 Ft²
$420,557
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

This is a great home located on a dead end street.  This home features hardwood and bamboo floors throughout the first and second floors. Move right in to this well maintained home. This home has been recently updated with a new gas forced hot air system and newer kitchen appliances. A large eat-in kitchen leads out to your deck with water views. Three good sized bedrooms upstairs, master bedroom has a walk-in closet. With walking trails/bike path nearby as well as schools and beaches, you cant ask for a better location. Dont miss out on the most affordable home in Lynn. Deadline for all offers is Tuesday March 22nd at 5pm.
Unit Size
1,004 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$413
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1880

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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: 5 months ago (MLSPIN #72953198)

Price History

Date / Event Date Event Price
May 4, 2022 Sold
Premium
Sold
Mar 15, 2022 Listed by Circle 100 Real Estate Brokerage LLC $415,000
Listed by Circle 100 Real Estate Brokerage LLC
Oct 1, 2003 Sold
Premium
Sold
Jul 21, 2003 Listed by Circle 100 Real Estate Brokerage LLC $235,000
Listed by Circle 100 Real Estate Brokerage LLC

Property Highlights

Parking Available
Air Conditioning

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: 16
  • Exterior Walls Type: 18
  • 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: 584
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,890
  • Total Building Area: 1,004
  • Gross Building Area: 1,875
  • Building Area: 1,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000043
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:021 B:316 L:018
  • Block: 316
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4601
  • Longitude: -70.9821

    Address

  • Full Address: 31 Deer Park
  • Address - House Number: 31
  • Address - Street Name: Deer
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1973
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $421,800

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 472,539
  • High Value: 585,227
  • Low Value: 359,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,600
  • Assessed Land Value: $177,900
  • Assessed Improvements Value: $222,700

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220504001830
  • Previous Sale Recording Date: Oct 01, 2003
  • Previous Sale Amount: $230,000
  • 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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

95.9 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 72953198

Frequently Asked Questions

When was property at 31 Deer Park built and last sold?
The property at 31 Deer Park was built in 1880 and last sold on May 4, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 31 Deer Park is $409,142.
What are some comparable homes to 31 Deer Park?
There are currently no comparable homes to 31 Deer Park.
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