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Lynn 01902
3-5-7 Amity Street
Photo of 3-5-7 Amity Street
Sold on Aug 30, 2011

1

Map

$300,000
● Multifamily - Off Market

3-5-7 Amity Street

Lynn, MA 01902
bedrooms
6 Beds
bathrooms
3 Baths, 3 Half Baths
square feet
3,000 Ft²
$621,886
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

VERY UNIQUE TRI/PLEX TOWNHOUSE STYLE THREE FAMILY ON 9202 SQ FT OF LAND.. ATTENTION INVESTORS AND OWNER OCCUPANTS!! Each unit consists of a Living Room Eat in Kitchen Two Bedrooms and1 1/2 baths. Each unit has its own full basement.Each unit has a small deck off the back entrance. The backyard is common. Huge piece of property with 6 car parking. In walking distance of the beach, transportation, schools and shopping. HIGHEST & BEST BY 6/16 10:00 AM
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$100
Property Type
Multifamily
Property Taxes
$462
HOA Dues
-
Year Built
1999

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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: 3 months ago (MLSPIN #71245805)

Price History

Date / Event Date Event Price
Aug 30, 2011 Sold
Premium
Sold
Jun 9, 2011 Listed by Connor Real Estate $299,900
Listed by Connor Real Estate
Jul 11, 2003 Sold
Premium
Sold
Jan 11, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 776
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,230
  • Total Building Area: 1,074
  • Gross Building Area: 2,250
  • Building Area: 1,074
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,074
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: 206900

Zoning

  • Zoning: R5

Geography

  • Parcel: LYNN M:081 B:588 L:012
  • Block: 588
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.46
  • Longitude: -70.9406

    Address

  • Full Address: 35 Amity St
  • Address - House Number: 35
  • Address - Street Name: Amity
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 3404
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $520,000

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 542,569
  • High Value: 646,141
  • Low Value: 438,998

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $493,800
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $309,700

    Sales

  • Current Sale Recording Date: Jul 11, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 11, 2000
  • Previous Sale Amount: $155,000
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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

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Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71245805

Frequently Asked Questions

When was property at 35 Amity Street built and last sold?
The property at 35 Amity Street was built in 1999 and last sold on Jan 1, 1970 for $236,000.
How much is this home worth?
The estimated value of the home located at 35 Amity Street is $305,878.
What are some comparable homes to 35 Amity Street?
There are currently no comparable homes to 35 Amity Street.
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