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Lynn 01902
55 Webster
$330,000
● House - Off Market

55 Webster

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$459,896
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Lynn, Lynn, The place to begin the next adventure in your life.  Downsizing, first time home owner or tired of condo fees?  This charming home will be just right for you. Located in the Hood School neighborhood here we have a quiet residential street where pride of ownership is on display every day. a great house surrounded by a perfectly maintained yard with plenty of off street parking.  Come see your next home
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$311
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #72328673)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Bean Group $310,500
Listed by Bean Group
Sep 27, 1984 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 484
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,190
  • Total Building Area: 968
  • Gross Building Area: 1,626
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 968
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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:096 B:469 L:009
  • Block: 469
  • Lot: 9
  • Municipality: LYNN
  • Latitude: 42.4762
  • Longitude: -70.9358

    Address

  • Full Address: 55 Webster St
  • Address - House Number: 55
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 1663
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 470,749
  • High Value: 559,912
  • Low Value: 381,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $428,800
  • Assessed Land Value: $167,200
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Contract Date: Jun 26, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 593901
  • Previous Sale Recording Date: Sep 27, 1984
  • Previous Sale Amount: $72,900
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72328673

Frequently Asked Questions

When was property at 55 Webster Street built and last sold?
The property at 55 Webster Street was built in 1950 and last sold on Jun 26, 2018 for $330,000.
How much is this home worth?
The estimated value of the home located at 55 Webster Street is $318,906.
What are some comparable homes to 55 Webster Street?
There are currently no comparable homes to 55 Webster Street.
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