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Lynn 01905
53 Mall Street
$189,000
● House - Off Market

53 Mall Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,656 Ft²
$451,421
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

SPACIOUS ROOMS WITH FIREPLACED LIVING ROOM, 1 1/2 BATHS, DOUBLE STAIRWAY, SCREENED PORCH, VINYL SIDING, TILT-OUT WINDOWS ON FIRST FLOOR, FENCED YARD. SELLERS TO FIND SUITABLE HOUSING.
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$121
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1910

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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: 4 months ago (MLSPIN #30575457)

Price History

Date / Event Date Event Price
Jun 4, 2002 Sold
Premium
Sold
Jan 25, 2002 Listed by Century 21 Combe R. E. Corp. $199,900
Listed by Century 21 Combe R. E. Corp.
Jul 31, 2000 Sold
Premium
Sold
May 1, 2000 Listed by Century 21 Combe R. E. Corp. $145,000
Listed by Century 21 Combe R. E. Corp.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,089
  • Total Building Area: 1,656
  • Gross Building Area: 2,720
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000163
  • 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: 206000

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:054 B:262 L:022
  • Block: 262
  • Lot: 22
  • Municipality: LYNN
  • Latitude: 42.4654
  • Longitude: -70.963

    Address

  • Full Address: 53 Mall St
  • Address - House Number: 53
  • Address - Street Name: Mall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C001
  • 4-Digit Zip Code: 2224
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $509,800

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 525,518
  • High Value: 625,834
  • Low Value: 425,201

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,100
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $308,900

    Sales

  • Current Sale Recording Date: Jun 04, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 31, 2000
  • Previous Sale Amount: $138,000
  • 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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 years

Currently For Sale

156 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30575457

Frequently Asked Questions

When was property at 53 Mall Street built and last sold?
The property at 53 Mall Street was built in 1910 and last sold on Jan 1, 1970 for $189,000.
How much is this home worth?
The estimated value of the home located at 53 Mall Street is $221,976.
What are some comparable homes to 53 Mall Street?
There are currently no comparable homes to 53 Mall Street.
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