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Lynn 01902
51 Jackson St
$460,000
● House - Off Market

51 Jackson St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,252 Ft²
$454,596
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Swampscott Line! 6 Room, 3 Bedroom, 1.5 Bath Colonial On Quiet Side Street Near Boston Commuter Train! Well-Maintained With One Owner for Past 50 Years. First Floor Boasts Remodeled Eat-In Kitchen With Gas Cooking, Spacious Living Room With Bay Windows, Formal Dining Room With Built-In Cabinet, and Half Bath with Laundry.  Second Floor Offers 3 Spacious Bedrooms and Full Bath With Tub and Marble Sink. Hardwood Floors Throughout Second Floor. Plenty of Closet Space! 2 Car Parking On Paved Driveway. Minutes To Commuter Rail, Shopping and Restaurants!
Unit Size
1,252 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$319
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #72855909)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Return Realty Group, Inc. $399,900
Listed by Return Realty Group, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1967
  • 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: 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,754
  • Total Building Area: 1,252
  • Gross Building Area: 2,277
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000063
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:481 L:046
  • Block: 481
  • Lot: 46
  • Municipality: LYNN
  • Latitude: 42.4746
  • Longitude: -70.9326

    Address

  • Full Address: 51 Jackson St
  • Address - House Number: 51
  • Address - Street Name: Jackson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 1703
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,500

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 516,932
  • High Value: 611,850
  • Low Value: 422,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,100
  • Assessed Land Value: $179,700
  • Assessed Improvements Value: $280,400

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210830003410
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

2405 ft²

Average Home Age

96.1 years

Currently For Sale

151 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: 5 years ago
Data Source: MLS PIN, MLS# 72855909

Frequently Asked Questions

When was property at 51 Jackson Street built and last sold?
The property at 51 Jackson Street was built in 1925 and last sold on Aug 27, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 51 Jackson Street is $0.
What are some comparable homes to 51 Jackson Street?
There are currently no comparable homes to 51 Jackson Street.
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