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Lynn 01905
33 Forest St
$635,000
● House - Off Market

33 Forest St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,768 Ft²
$580,278
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Almost new 2015 built colonial in Lower Pine Hill area has so much to offer! Street level entrance with TWO CAR garage and tiled foyer/mudroom. 1st floor open concept living includes lovely kitchen with granite counters, tile backsplash, and stainless steel appliances (new range & DW to be installed!), cozy dining and living space, plus a convenient bonus office! Second floor has 3 generous sized bedrooms, including the primary with it's own bathroom, as well as a large shared bathroom with laundry. The exterior has such potential for a fenced in yard or amazing patio looking out over the neighborhood! Central air and economical gas heat top it off!! Offer deadline Monday the 27th at 6:00 PM. Showings start Friday at 1:00! OH Sat 11-1:00, Sun 12:00-2!! Follow attached offer instructions, one pdf please!
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$311
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
2015

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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 #73002804)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Jun 23, 2022 Listed by Redfin Corp. $549,900
Listed by Redfin Corp.
Jan 31, 2020 Sold
Premium
Sold
Aug 29, 2019 Listed by Redfin Corp. $398,600
Listed by Redfin Corp.
Nov 23, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 312
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,204
  • Total Building Area: 1,768
  • Gross Building Area: 2,652
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:055 B:216 L:047
  • Block: 216
  • Lot: 47
  • Municipality: LYNN
  • Latitude: 42.4716
  • Longitude: -70.9637

    Address

  • Full Address: 33 Forest St
  • Address - House Number: 33
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1610
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 647,194
  • High Value: 749,421
  • Low Value: 544,967

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,300
  • Assessed Land Value: $168,100
  • Assessed Improvements Value: $433,200

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 514
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $398,600
  • Previous Sale Document Type: O
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

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 73002804

Frequently Asked Questions

When was property at 33 Forest Street built and last sold?
The property at 33 Forest Street was built in 2015 and last sold on Sep 9, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 33 Forest Street is $556,221.
What are some comparable homes to 33 Forest Street?
There are currently no comparable homes to 33 Forest Street.
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