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Lynn 01905
50 Laurel St.
Photo of 50 Laurel St.
Sold on Dec 4, 2009

1

Map

$215,000
● House - Off Market

50 Laurel St.

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,001 Ft²
$481,031
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

RECENTLY COMPLETELY RENOVATED COLONIAL "LIKE NEW CONSTRUCTION"! 6 ROOMS, 3 BEDROOMS, 1.5 BATHS, HARDWOOD FLOORS THROUGHOUT FIRST FLOOR, REAR DECK OVER LOOKING BARRY PARK, AND GREAT YARD. ELECTRIC IS UPDATED AND NEWER REPLACEMENT WINDOWS. BRAND NEW ROOF AND VINYL SIDING. BRAND NEW KITCHEN AND NEW APPLIANCES. A MUST SEE! E-MAIL LIST AGENT TODAY FOR ALL SHOWINGS.
Unit Size
1,001 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$230
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1900

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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 #70980071)

Price History

Date / Event Date Event Price
Dec 4, 2009 Sold
Premium
Sold
Sep 24, 2009 Listed $229,900
Listed
May 8, 2009 Sold
Premium
Sold
Mar 11, 2009 Listed $94,500
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 668
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,156
  • Total Building Area: 1,001
  • Gross Building Area: 2,173
  • Building Area: 1,001
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,001
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 205800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:021 B:285 L:078
  • Block: 285
  • Lot: 78
  • Municipality: LYNN
  • Latitude: 42.4617
  • Longitude: -70.9757

    Address

  • Full Address: 50 Laurel St
  • Address - House Number: 50
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 2041
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,900

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 534,786
  • High Value: 636,872
  • Low Value: 432,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,200
  • Assessed Land Value: $186,800
  • Assessed Improvements Value: $279,400

    Sales

  • Current Sale Recording Date: Dec 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 08, 2009
  • Previous Sale Amount: $68,000
  • Previous 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

97.7 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# 70980071

Frequently Asked Questions

When was property at 50 Laurel Street built and last sold?
The property at 50 Laurel Street was built in 1900 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 50 Laurel Street is $233,438.
What are some comparable homes to 50 Laurel Street?
There are currently no comparable homes to 50 Laurel Street.
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