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Lynn 01902
44 Clark Street
$350,000
● House - Off Market

44 Clark Street

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,314 Ft²
$565,184
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Lovingly maintained family home is awaiting a new family!  This colonial home welcomes you up to the front porch and into the front foyer, kitchen, living room and dining room on the first floor.  Large living room, dining room with built in china closet and sitting area, and pantry kitchen that leads to the back hall and deck that overlooks the back yard.  Three good sized bedrooms and a larger full bathroom on the second floor with walk up attic for storage and future expansion.  Walk to park, schools, and stores.  Convenient to public transportation.  Nearby to ocean for walks and sunsets.  Let this longtime family neighborhood welcome you home!
Unit Size
1,314 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$297
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1920

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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 #72424004)

Price History

Date / Event Date Event Price
Mar 15, 2019 Sold
Premium
Sold
Nov 14, 2018 Listed by REAL ESTATE and Company $389,900
Listed by REAL ESTATE and Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 666
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,995
  • Total Building Area: 1,314
  • Gross Building Area: 2,928
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:105 B:417 L:032
  • Block: 417
  • Lot: 32
  • Municipality: LYNN
  • Latitude: 42.4792
  • Longitude: -70.9324

    Address

  • Full Address: 44 Clark St
  • Address - House Number: 44
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1101
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $543,300

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 553,181
  • High Value: 654,755
  • Low Value: 451,607

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,000
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $323,100

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190315001210
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

2698 ft²

Average Home Age

97.9 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# 72424004

Frequently Asked Questions

When was property at 44 Clark Street built and last sold?
The property at 44 Clark Street was built in 1920 and last sold on Mar 14, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 44 Clark Street is $397,221.
What are some comparable homes to 44 Clark Street?
There are currently no comparable homes to 44 Clark Street.
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