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Lynn 01904
36 Severance St
$295,000
● House - Off Market

36 Severance St

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,540 Ft²
$464,651
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Looking to build some sweat equity? Here it is! This home features 3 bedrooms and 2 full baths. Some updating has been completed on the interior, but great potential to customize to your taste! Great sized yard and tons of parking! This home is packed with character and is waiting for some love! Make your appointment to see this one today, won't last long! Property is sold as-is where is.
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$204
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1910

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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 #72374310)

Price History

Date / Event Date Event Price
Feb 22, 2019 Sold
Premium
Sold
Aug 2, 2018 Listed by LAER Realty Partners $314,900
Listed by LAER Realty Partners
Apr 11, 2018 Sold
Premium
Sold
Nov 13, 2000 Sold
Premium
Sold
Oct 18, 2000 Listed $174,900
Listed
FANTASTIC HOME IN WARD ONE LOCATION WOODED LOT ON DEAD END STREET
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 506
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,067
  • Total Building Area: 1,540
  • Gross Building Area: 2,106
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000139
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:074 B:182 L:016
  • Block: 182
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4853
  • Longitude: -70.9644

    Address

  • Full Address: 36 Severance St
  • Address - House Number: 36
  • Address - Street Name: Severance
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C024
  • 4-Digit Zip Code: 2245
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 530,696
  • High Value: 631,681
  • Low Value: 429,712

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $464,500
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $290,500

    Sales

  • Current Sale Contract Date: Jan 30, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190222003810
  • Previous Sale Recording Date: Apr 11, 2018
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 34
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# 72374310

Frequently Asked Questions

When was property at 36 Severance Street built and last sold?
The property at 36 Severance Street was built in 1910 and last sold on Jan 30, 2019 for $295,000.
How much is this home worth?
The estimated value of the home located at 36 Severance Street is $331,301.
What are some comparable homes to 36 Severance Street?
There are currently no comparable homes to 36 Severance Street.
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