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Lynn 01904
55 Pendexter St
$429,900
● House - Off Market

55 Pendexter St

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,499 Ft²
$612,735
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Come checkout this well maintained open concept seven room ,three bedroom one and a half bathroom home located in desirable ward 1. This house has newly refinished, beautiful pine flooring throughout the first floor, a fire place and vaulted ceilings in the kitchen. Open concept kitchen, family room and dining room provide plenty of space and  are perfect for entertaining.  Large master bedroom has a huge double closet. Other features include a new roof, central A/C, new stainless steel appliances, updated electrical service, large deck, fenced in yard and shed. There is a bonus room in the basement.    Open House June 23rd.
Unit Size
1,499 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$287
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1930

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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 #72517844)

Price History

Date / Event Date Event Price
Jul 31, 2019 Sold
Premium
Sold
Jun 12, 2019 Listed by Clements Realty Group $429,900
Listed by Clements Realty Group
Jul 30, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,049
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,516
  • Total Building Area: 1,499
  • Gross Building Area: 3,179
  • Building Area: 1,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,499
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • 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:075 B:088 L:011
  • Block: 88
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4897
  • Longitude: -70.9616

    Address

  • Full Address: 55 Pendexter St
  • Address - House Number: 55
  • Address - Street Name: Pendexter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C026
  • 4-Digit Zip Code: 1849
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 615,856
  • High Value: 725,861
  • Low Value: 505,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,400
  • Assessed Land Value: $201,600
  • Assessed Improvements Value: $356,800

    Sales

  • Current Sale Contract Date: Jul 31, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190731002180
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Amount: $315,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 72517844

Frequently Asked Questions

When was property at 55 Pendexter Street built and last sold?
The property at 55 Pendexter Street was built in 1930 and last sold on Jul 31, 2019 for $434,900.
How much is this home worth?
The estimated value of the home located at 55 Pendexter Street is $442,515.
What are some comparable homes to 55 Pendexter Street?
There are currently no comparable homes to 55 Pendexter Street.
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