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Lynn 01905
49 Lowell Street
$230,000
● House - Off Market

49 Lowell Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$399,796
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Family owned home on quite side street.  Large living room and dining room for family gatherings. Eat in Kitchen with lots of cabinet space.   Plenty of closet space and large full bath on 2nd level with new fixtures.   Gorgeous double lot , with level fully usable backyard ...  perennial planting and space to play and entertain.  Gas heat. Don't miss this opportunity to own your own home!
Unit Size
1,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$221
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: 5 months ago (MLSPIN #71874019)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by Jonah REALTORS® $479,999
Listed by Jonah REALTORS®
Sep 23, 2015 Sold
Premium
Sold
Jul 15, 2015 Listed by Jonah REALTORS® $229,900
Listed by Jonah REALTORS®

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 1
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 677
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 1,036
  • Gross Building Area: 2,038
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 207100

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:036 B:775 L:019
  • Block: 775
  • Lot: 19
  • Municipality: LYNN
  • Latitude: 42.4583
  • Longitude: -70.963

    Address

  • Full Address: 49 Lowell St
  • Address - House Number: 49
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C019
  • 4-Digit Zip Code: 2811
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,000

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 591,534
  • High Value: 688,502
  • Low Value: 494,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $497,600
  • Assessed Land Value: $191,900
  • Assessed Improvements Value: $305,700

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210802003020
  • Previous Sale Recording Date: Sep 23, 2015
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O
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:

$592,493

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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: 5 months ago
Data Source: MLS PIN, MLS# 71874019

Frequently Asked Questions

When was property at 49 Lowell Street built and last sold?
The property at 49 Lowell Street was built in 1920 and last sold on Jul 30, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 49 Lowell Street is $479,879.
What are some comparable homes to 49 Lowell Street?
There are currently no comparable homes to 49 Lowell Street.
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