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Lynn 01905
35 O'callaghan Way
$565,000
● House - Off Market

35 O'callaghan Way

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
930 Ft²
$590,336
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome home to this well-maintained one-level single family Ranch home surrounded by white fence and driveway with 4/5 parking spaces. Walk right into this inviting fireplace living room, 3 bedrooms, 1 bath with hardwood floors throughout.  Finished lower level with bonus room and a 3/4 bath for extra living space.  Many extra features include central air, new storm windows, and above-ground pool with lovely patio for those warm summer days.  Close to public transportation and schools.  Please submit  all and any offers by Monday, June 27th by 5:00 p.m. Seller needs 48 hours to review any and all offers.
Unit Size
930 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$608
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1955

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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: 5 years ago (MLSPIN #72999226)

Price History

Date / Event Date Event Price
Aug 18, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by LAER Realty Partners / Neto Realty $565,000
Listed by LAER Realty Partners / Neto Realty
Apr 25, 1990 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,760
  • Total Building Area: 930
  • Gross Building Area: 2,138
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 930
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:023 B:367 L:006
  • Block: 367
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.4719
  • Longitude: -70.9862

    Address

  • Full Address: 35 Ocallaghan Way
  • Address - House Number: 35
  • Address - Street Name: Ocallaghan
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1340
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $513,200

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 557,913
  • High Value: 654,253
  • Low Value: 461,573

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,400
  • Assessed Land Value: $193,200
  • Assessed Improvements Value: $294,200

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220818000520
  • Previous Sale Recording Date: Apr 25, 1990
  • Previous Sale Amount: $122,000
  • 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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2483 ft²

Average Home Age

97.7 years

Currently For Sale

160 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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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72999226

Frequently Asked Questions

When was property at 35 Ocallaghan Way built and last sold?
The property at 35 Ocallaghan Way was built in 1955 and last sold on Aug 17, 2022 for $555,000.
How much is this home worth?
The estimated value of the home located at 35 Ocallaghan Way is $559,732.
What are some comparable homes to 35 Ocallaghan Way?
There are currently no comparable homes to 35 Ocallaghan Way.
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