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Lynn 01904
51 Clairmont
$454,000
● House - Off Market

51 Clairmont

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,670 Ft²
$626,569
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Sweet bungalow style home, located in a nice Ward 1 neighborhood.  This attractive home offers an easy flow, having nice hardwood floors, spacious living room, dining room with built in china cabinet and a pleasing up-dated kitchen (refrigerator is less than a year old). There are  four generous bedrooms, 2 on the first floor and 2 on the dormered second floor.  The rear deck, directly off the kitchen, is a bonus during warm days. The rear yard is ideal for play, gardening and your pets..  Not to be overlooked is the detached garage, great for storage, workshop or small car.  Schedule your private showing now!
Unit Size
1,670 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$263
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1927

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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: 5 months ago (MLSPIN #72575286)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Oct 4, 2019 Listed by Coldwell Banker Residential Brokerage - Winchester $439,900
Listed by Coldwell Banker Residential Brokerage - Winchester
Apr 29, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 1
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,887
  • Total Building Area: 1,670
  • Gross Building Area: 3,142
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROADWAY PARK
  • Land Acres: 0000000135
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:108 L:003
  • Block: 108
  • Lot: 3
  • Municipality: LYNN
  • Latitude: 42.4893
  • Longitude: -70.9567

    Address

  • Full Address: 51 Clairmont St
  • Address - House Number: 51
  • Address - Street Name: Clairmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 1965
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 624,761
  • High Value: 723,445
  • Low Value: 526,078

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,800
  • Assessed Land Value: $203,700
  • Assessed Improvements Value: $355,100

    Sales

  • Current Sale Contract Date: Nov 09, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191115005200
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Amount: $370,000
  • 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

2462 ft²

Average Home Age

96.5 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72575286

Frequently Asked Questions

When was property at 51 Clairmont Terrace built and last sold?
The property at 51 Clairmont Terrace was built in 1927 and last sold on Nov 9, 2019 for $454,000.
How much is this home worth?
The estimated value of the home located at 51 Clairmont Terrace is $452,564.
What are some comparable homes to 51 Clairmont Terrace?
There are currently no comparable homes to 51 Clairmont Terrace.
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