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Lynn 01905
55 Laurel Street
$245,000
● House - Off Market

55 Laurel Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$440,008
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

Attn!!!Smart 1st time buyers Make an offer, needs very little,Seller very motivated.Appraises @ $281,000.Desirable neighborhood on Saugus Line. Beautiful yard & Garage!!! As Is!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$192
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1830

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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 #70112500)

Price History

Date / Event Date Event Price
Jun 23, 2005 Sold
Premium
Sold
Nov 2, 2004 Listed by Century 21 N. Shore RE $250,000
Listed by Century 21 N. Shore RE
Nov 30, 2001 Sold
Premium
Sold
Aug 27, 2001 Listed by Century 21 N. Shore RE $179,900
Listed by Century 21 N. Shore RE

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 540
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,292
  • Total Building Area: 945
  • Gross Building Area: 1,706
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 945
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 205700

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:021 B:288 L:017
  • Block: 288
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4616
  • Longitude: -70.9761

    Address

  • Full Address: 55 Laurel St
  • Address - House Number: 55
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 2040
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $463,300

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 475,318
  • High Value: 598,092
  • Low Value: 352,544

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $440,000
  • Assessed Land Value: $187,500
  • Assessed Improvements Value: $252,500

    Sales

  • Current Sale Recording Date: Jun 23, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Amount: $150,000
  • 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

2528 ft²

Average Home Age

96.4 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70112500

Frequently Asked Questions

When was property at 55 Laurel Street built and last sold?
The property at 55 Laurel Street was built in 1830 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 55 Laurel Street is $264,031.
What are some comparable homes to 55 Laurel Street?
There are currently no comparable homes to 55 Laurel Street.
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