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Lynn 01905
50 Carnes Street
Photo of 50 Carnes Street
Sold on May 14, 2025

25

Map

Photo of 50 Carnes Street
Photo of 50 Carnes Street
$560,000
● House - Off Market

50 Carnes Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,600 Ft²
$3,140
Est. Monthly
5.96%
Cap Rate

About This Property

Classic Northshore Colonial. Welcome to this spacious refreshed home offering three generously-sized bedrooms with ample closet space, and one full bath and one half bath. Freshly painted exterior & interior, re-finished hardwood flooring thru out, new flooring in kitchen and baths with re-glazed bathrooms. High ceilings on the first floor, providing an open airy feel, large living room with picture window, formal dinning room with built-in shelving and picture window, eat-in kitchen with a convenient laundry area. Slider off the kitchen leading to a deck, perfect for entertaining. Amazing backyard space, ideal for gardening and pets. Full basement for additional storage. Off-street parking for convenience.  Amazing opportunity to Make Your Move!  Welcome home to 50 Carnes Street Lynn.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$347
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #73348391)

Price History

Date / Event Date Event Price
May 14, 2025 Sold
Premium
Sold
Apr 9, 2025 In contract -
In contract
Mar 20, 2025 Listed $555,900
Listed
Jun 22, 1984 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • 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: 16
  • Exterior Walls Type: 18
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,727
  • Total Building Area: 1,600
  • Gross Building Area: 2,684
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:038 B:321 L:011
  • Block: 321
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.468
  • Longitude: -70.967

    Address

  • Full Address: 50 Carnes St
  • Address - House Number: 50
  • Address - Street Name: Carnes
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1643
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 570,616
  • High Value: 675,125
  • Low Value: 466,106

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $447,300
  • Assessed Land Value: $164,100
  • Assessed Improvements Value: $283,200

    Sales

  • Current Sale Recording Date: Jun 22, 1984
  • Current Sale Price:
    Premium
  • Current 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:

$597,950

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2405 ft²

Average Home Age

95.9 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: 2 years ago
Data Source: MLS PIN, MLS# 73348391

Frequently Asked Questions

When was property at 50 Carnes Street built and last sold?
The property at 50 Carnes Street was built in 1910 and last sold on Jan 1, 1970 for $64,500.
How much is this home worth?
The estimated value of the home located at 50 Carnes Street is $0.
What are some comparable homes to 50 Carnes Street?
There are currently no comparable homes to 50 Carnes Street.
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