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Lynn 01904
38 Allerton
$292,000
● House - Off Market

38 Allerton

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,118 Ft²
$504,308
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Charming and spacious bungalow! This is a must see! Three bedroom and two bath room home with gleaming hardwood floors throughout. Leading into a kitchen with ceramic flooring and all stainless steel appliances. New half glass door with built in blinds leading off to a porch with a private fenced in yard.  This also comes with above ground pool with new pump and cover. A private shed includes lawn mover, rake, weed wacker and leaf blower. Basement includes a washer and dryer, Extra storage in attic.Exterior includes updated windows with vinyl siding. This home also comes with alarm system. Two car paved driveway! Conveniently located 10 miles from Logan Airport. Minutes to downtown Lynn's art and cultural district, as well as some new and exciting restaurants.
Unit Size
1,118 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$259
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1930

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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 #71884310)

Price History

Date / Event Date Event Price
Sep 25, 2015 Sold
Premium
Sold
Aug 5, 2015 Listed by Century 21 Commonwealth $289,999
Listed by Century 21 Commonwealth
Mar 30, 2007 Sold
Premium
Sold
Feb 8, 2007 Listed by Century 21 Commonwealth $309,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,651
  • Total Building Area: 1,118
  • Gross Building Area: 2,260
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:072 B:247 L:010
  • Block: 247
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.4778
  • Longitude: -70.9547

    Address

  • Full Address: 38 Allerton St
  • Address - House Number: 38
  • Address - Street Name: Allerton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2902
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,200

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 554,522
  • High Value: 656,800
  • Low Value: 452,243

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,900
  • Assessed Land Value: $187,500
  • Assessed Improvements Value: $346,400

    Sales

  • Current Sale Recording Date: Sep 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 318
  • Previous Sale Recording Date: Mar 30, 2007
  • Previous Sale Amount: $305,000
  • 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:

$589,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2470 ft²

Average Home Age

96.1 years

Currently For Sale

162 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 months ago
Data Source: MLS PIN, MLS# 71884310

Frequently Asked Questions

When was property at 38 Allerton Street built and last sold?
The property at 38 Allerton Street was built in 1930 and last sold on Jan 1, 1970 for $292,000.
How much is this home worth?
The estimated value of the home located at 38 Allerton Street is $301,064.
What are some comparable homes to 38 Allerton Street?
There are currently no comparable homes to 38 Allerton Street.
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