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Lynn 01902
44 Herschel St
$470,000
● House - Off Market

44 Herschel St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,463 Ft²
$551,353
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Old World Charm & modern day conveniences throughout this updated 3 bdrm colonial offering a spacious parlor adorned w a romantic fireplace~elegant dining rm~Eat In Kitchen with gas stove~family room accented w a wood burning stove & a dramatic cathedral ceiling featuring exposed beams & a heavenly skylight all leading out to a gracious heated in ground pool .Discover luminous hardwood flrs~2 Car Garage & off st pkg all located on the Swampscott line~close to beaches~Boston&Commuter rail
Unit Size
1,463 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$308
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1921

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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: 5 years ago (MLSPIN #72773066)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Jan 8, 2021 Listed by Pena Realty Corporation $449,900
Listed by Pena Realty Corporation
Apr 18, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 787
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,184
  • Total Building Area: 1,463
  • Gross Building Area: 2,606
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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:422 L:010
  • Block: 422
  • Lot: 10
  • Municipality: LYNN
  • Latitude: 42.4782
  • Longitude: -70.9302

    Address

  • Full Address: 44 Herschel St
  • Address - House Number: 44
  • Address - Street Name: Herschel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1209
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $565,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 583,694
  • High Value: 675,883
  • Low Value: 491,506

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $537,100
  • Assessed Land Value: $199,500
  • Assessed Improvements Value: $337,600

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210226002820
  • Previous Sale Recording Date: Apr 18, 2008
  • Previous Sale Amount: $304,600
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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 years ago
Data Source: MLS PIN, MLS# 72773066

Frequently Asked Questions

When was property at 44 Herschel Street built and last sold?
The property at 44 Herschel Street was built in 1921 and last sold on Feb 23, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 44 Herschel Street is $0.
What are some comparable homes to 44 Herschel Street?
There are currently no comparable homes to 44 Herschel Street.
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