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Lynn 01905
4 Nicholson St.
$152,000
● House - Off Market

4 Nicholson St.

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$555,582
RealtyHop Estimate
258.67%
Since Feb 1, 1999
MA-Boston
Primary Model

About This Property

SPACIOUS 4 BDR. 2 BATH HOME IN GREAT NEIGHBORHOOD.  WITH A FEW COSMETIC TOUCHES INSIDE; THIS HOME CAN BE AS CHARMING AS THE EXTERIOR.  LARGE FENCED IN YARD AND 2 SEPERATE DRIVEWAYS EACH WITH ITS OWN GARAGE!!! CONVENIENT SAUGUS LINE LOCALE!!!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$99
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #30254995)

Price History

Date / Event Date Event Price
Jan 29, 1999 Sold
Premium
Sold
Sep 1, 1998 Listed $154,900
Listed
Jan 28, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,105
  • Total Building Area: 1,624
  • Gross Building Area: 3,115
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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:024 B:366 L:073
  • Block: 366
  • Lot: 73
  • Municipality: LYNN
  • Latitude: 42.472
  • Longitude: -70.9884

    Address

  • Full Address: 4 Nicholson St
  • Address - House Number: 4
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1321
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,900

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 623,504
  • High Value: 771,802
  • Low Value: 475,207

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,500
  • Assessed Land Value: $216,700
  • Assessed Improvements Value: $338,800

    Sales

  • Current Sale Recording Date: Jan 29, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 70234
  • Previous Sale Recording Date: Jan 28, 1994
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: 43
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:

$594,993

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

95.3 years

Currently For Sale

164 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30254995

Frequently Asked Questions

When was property at 4 Nicholson Street built and last sold?
The property at 4 Nicholson Street was built in 1945 and last sold on Jan 1, 1970 for $152,000.
How much is this home worth?
The estimated value of the home located at 4 Nicholson Street is $0.
What are some comparable homes to 4 Nicholson Street?
There are currently no comparable homes to 4 Nicholson Street.
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