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Lynn 01902
5 Suffolk Ct
$249,900
● House - Off Market

5 Suffolk Ct

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,621 Ft²
$485,618
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

New Construction!!!   4 Homes to choose from at this price , 3 Bedrooms 1 1/2 baths.  Large open first floor featuring Living Room l, Dining area and eat in Kitchen.  Hardwood floors through out . Laundry off Kitchen, High efficency boiler, energy star rated , With 1 car garage under, and mostly finished family room in basement
Unit Size
1,621 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$154
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
2013

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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: 6 months ago (MLSPIN #71481837)

Price History

Date / Event Date Event Price
May 28, 2013 Sold
Premium
Sold
Feb 12, 2013 Listed by Century 21 Hughes $249,900
Listed by Century 21 Hughes

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 0
  • 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: 604
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 1,640
  • Gross Building Area: 2,803
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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: 206900

Zoning

  • Zoning: R5

Geography

  • Parcel: LYNN M:081 B:589 L:043
  • Block: 589
  • Lot: 43
  • Municipality: LYNN
  • Latitude: 42.4614
  • Longitude: -70.9409

    Address

  • Full Address: 5 Suffolk Ct
  • Address - House Number: 5
  • Address - Street Name: Suffolk
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 3432
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 588,847
  • High Value: 681,858
  • Low Value: 495,836

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $498,200
  • Assessed Land Value: $173,500
  • Assessed Improvements Value: $324,700

    Sales

  • Current Sale Recording Date: May 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 505
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

2424 ft²

Average Home Age

96 years

Currently For Sale

148 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71481837

Frequently Asked Questions

When was property at 5 Suffolk Court built and last sold?
The property at 5 Suffolk Court was built in 2013 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 5 Suffolk Court is $271,954.
What are some comparable homes to 5 Suffolk Court?
There are currently no comparable homes to 5 Suffolk Court.
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