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Lynn 01902
5 Libby Ct
$233,000
● House - Off Market

5 Libby Ct

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath
square feet
910 Ft²
$339,188
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

HUGE PRICE REDUCTION!!  Welcome Home, to 5 Libby Ct. This beautiful 910 sq. Ft. Single family three bedrooms, one full bath home, is newly renovated and has that "new construction feeling! The First floor offers a nice living room, modern gourmet eat-in-kitchen & newer appliances, a full bath, and one bedroom, Second- floor offers, two bedrooms. It is located within walking distance to major transportation lines, city center, shops & Commuter Rail to Boston from Lynn or Swampscott. Walking distance to elementary schools, playground & more.
Unit Size
910 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$258
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1890

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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 #72454097)

Price History

Date / Event Date Event Price
Apr 18, 2019 Sold
Premium
Sold
Feb 17, 2019 Listed by RE/MAX 360 $235,000
Listed by RE/MAX 360
Dec 28, 2018 Sold
Premium
Sold
Sep 6, 2018 Listed by RE/MAX 360 $189,000
Listed by RE/MAX 360
Mar 13, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 486
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,421
  • Total Building Area: 910
  • Gross Building Area: 1,516
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 910
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000033
  • 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: BD

Geography

  • Parcel: LYNN M:083 B:714 L:015
  • Block: 714
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.4701
  • Longitude: -70.9404

    Address

  • Full Address: 5 Libby Ct
  • Address - House Number: 5
  • Address - Street Name: Libby
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Lynn
  • Carrier Code: C048
  • 4-Digit Zip Code: 2815
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,600

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 384,456
  • High Value: 482,205
  • Low Value: 286,706

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $388,000
  • Assessed Land Value: $161,900
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: Apr 17, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190418000870
  • Previous Sale Recording Date: Dec 28, 2018
  • Previous Sale Contract Date: Dec 13, 2018
  • Previous Sale Amount: $191,500
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 72454097

Frequently Asked Questions

When was property at 5 Libby Court built and last sold?
The property at 5 Libby Court was built in 1890 and last sold on Apr 17, 2019 for $233,000.
How much is this home worth?
The estimated value of the home located at 5 Libby Court is $241,868.
What are some comparable homes to 5 Libby Court?
There are currently no comparable homes to 5 Libby Court.
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