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Lynn 01902
46 Jefferson St
$525,000
● House - Off Market

46 Jefferson St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,707 Ft²
$452,567
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Well maintained Colonial with a spacious floor plan. The beautifully open dining room flows into the large eat in kitchen and spacious living room. The upstairs boasts four spacious bedrooms, a half bath and plenty of closet space. The backyard is beautifully maintained making it perfect for gatherings. Enjoy mornings on the three-season porch. Don't miss this incredible opportunity! Some of the upgrades newer roof, heating system, central vac system, electrical and kitchen flooring. First showings the open houses Sat 11-1 and Sun 12-2.
Unit Size
1,707 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$258
Property Type
House
Property Taxes
$388
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 #72994895)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by RE/MAX 360 $440,000
Listed by RE/MAX 360

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 987
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,262
  • Total Building Area: 1,707
  • Gross Building Area: 3,054
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 206300

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:084 B:703 L:006
  • Block: 703
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.4726
  • Longitude: -70.9436

    Address

  • Full Address: 46 Jefferson St
  • Address - House Number: 46
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C048
  • 4-Digit Zip Code: 2810
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $506,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 592,661
  • High Value: 693,974
  • Low Value: 491,347

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $480,800
  • Assessed Land Value: $183,800
  • Assessed Improvements Value: $297,000

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220722003790
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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72994895

Frequently Asked Questions

When was property at 46 Jefferson Street built and last sold?
The property at 46 Jefferson Street was built in 1920 and last sold on Jul 22, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 46 Jefferson Street is $458,416.
What are some comparable homes to 46 Jefferson Street?
There are currently no comparable homes to 46 Jefferson Street.
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