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Lynn 01905
41 Myrtle St
$420,000
● House - Off Market

41 Myrtle St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,803 Ft²
$562,763
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Great looking Col only 15 years old. Deck off of kitchen which has an above ground pool. The lower level offers 2 additional rooms and a 3/4 bath. Plenty of parking and a good size yard.
Unit Size
1,803 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$216
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
2003

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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: 4 months ago (MLSPIN #72454332)

Price History

Date / Event Date Event Price
Apr 5, 2019 Sold
Premium
Sold
Feb 15, 2019 Listed by William Raveis R.E. & Home Services $389,900
Listed by William Raveis R.E. & Home Services
Jun 6, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 896
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,164
  • Total Building Area: 1,803
  • Gross Building Area: 3,149
  • Building Area: 1,803
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,803
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:021 B:332 L:021
  • Block: 332
  • Lot: 21
  • Municipality: LYNN
  • Latitude: 42.4653
  • Longitude: -70.9759

    Address

  • Full Address: 41 Myrtle St
  • Address - House Number: 41
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 1725
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,100

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 624,341
  • High Value: 726,686
  • Low Value: 521,996

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,400
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $378,400

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190405001530
  • Previous Sale Recording Date: Jun 06, 2003
  • Previous Sale Amount: $254,900
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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# 72454332

Frequently Asked Questions

When was property at 41 Myrtle Street built and last sold?
The property at 41 Myrtle Street was built in 2003 and last sold on Apr 5, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 41 Myrtle Street is $412,293.
What are some comparable homes to 41 Myrtle Street?
There are currently no comparable homes to 41 Myrtle Street.
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