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Lynn 01902
378 Chatham St
$243,000
● House - Off Market

378 Chatham St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,088 Ft²
$343,635
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Priced to sell! REDUCED! Charming home features three bedrooms and 1.5 bathrooms. Two levels of living space and beautiful hardwood floors throughout. It sits back on a main street providing a quite space. New water heater and furnace. A moderate fenced yard and parking for two cars (tandem) complement the home (Right of way to the right of the front fence, easement). Do not miss this opportunity! It needs some minor updates to bathrooms, porch and kitchen but a lovely home.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$211
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72288749)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
May 20, 2021 Listed by Sirius Group $349,900
Listed by Sirius Group
Apr 6, 2018 Sold
Premium
Sold
Mar 3, 2018 Listed by Sirius Group $229,999
Listed by Sirius Group
Sep 29, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 708
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,818
  • Total Building Area: 1,157
  • Gross Building Area: 2,102
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • 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: 206300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:097 B:495 L:013
  • Block: 495
  • Lot: 13
  • Municipality: LYNN
  • Latitude: 42.4781
  • Longitude: -70.9408

    Address

  • Full Address: 378 Chatham St
  • Address - House Number: 378
  • Address - Street Name: Chatham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C018
  • 4-Digit Zip Code: 2114
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $404,600

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 424,982
  • High Value: 501,213
  • Low Value: 348,751

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $384,200
  • Assessed Land Value: $145,400
  • Assessed Improvements Value: $238,800

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 627449
  • Previous Sale Recording Date: Apr 06, 2018
  • Previous Sale Contract Date: Apr 06, 2018
  • Previous Sale Amount: $243,000
  • 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:

$597,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

95.9 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 72288749

Frequently Asked Questions

When was property at 378 Chatham Street built and last sold?
The property at 378 Chatham Street was built in 1900 and last sold on Jul 20, 2021 for $368,000.
How much is this home worth?
The estimated value of the home located at 378 Chatham Street is $355,760.
What are some comparable homes to 378 Chatham Street?
There are currently no comparable homes to 378 Chatham Street.
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