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Lynn 01902
31 Sewall St
$525,000
● House - Off Market

31 Sewall St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,338 Ft²
$513,252
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this 3-bedroom home located in East Lynn. Perfect Location less than 1 mile to Swampscott Train station and Kings Beach. This home offers a large versatile first floor living room, dining room and eat-in-kitchen with hardwood floors through-out. Minutes to transportation and walking distance to beach and schools. New roof, upgraded electric panel with 200 AMPS, replacement windows, freshly painted interior and newer vinyl siding. Perfect starter home for the busy commuter. A must see, this house is a real delight!
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$373
Property Type
House
Property Taxes
$389
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: 4 months ago (MLSPIN #72994040)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Coldwell Banker Realty - Newburyport $499,000
Listed by Coldwell Banker Realty - Newburyport
Feb 28, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 778
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,957
  • Total Building Area: 1,338
  • Gross Building Area: 2,391
  • Building Area: 1,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,338
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • 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:481 L:007
  • Block: 481
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4759
  • Longitude: -70.9323

    Address

  • Full Address: 31 Sewall St
  • Address - House Number: 31
  • Address - Street Name: Sewall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1728
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 576,449
  • High Value: 714,264
  • Low Value: 438,634

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,900
  • Assessed Land Value: $186,300
  • Assessed Improvements Value: $290,600

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220721003710
  • Previous Sale Recording Date: Feb 28, 1992
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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:

$597,950

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2533 ft²

Average Home Age

96.5 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72994040

Frequently Asked Questions

When was property at 31 Sewall Street built and last sold?
The property at 31 Sewall Street was built in 1900 and last sold on Jul 21, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 31 Sewall Street is $507,385.
What are some comparable homes to 31 Sewall Street?
There are currently no comparable homes to 31 Sewall Street.
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