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Lynn 01905
56 Thistle Street
$280,000
● House - Off Market

56 Thistle Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,001 Ft²
$500,273
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Beautiful, well-maintained ranch style home located in the highly desirable Lynn Woods Reservation area and steps to Gannon Golf Course. Care-free vinyl siding exterior, set on level lot with private, large yard and driveway for at least 2 car parking and plenty with off street parking.  Living room with brick fireplace, 3 bedrooms, large eat-in kitchen with walk out to the expansive deck, hardwood floors. Enjoy lots of extra living space in partially finished walk out basement. Attic storage. Central heat and air. This home is not to be missed!
Unit Size
1,001 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$320
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1961

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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 #72218216)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Aug 24, 2017 Listed by Century 21 Hughes $319,900
Listed by Century 21 Hughes

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 1,001
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,388
  • Total Building Area: 1,001
  • Gross Building Area: 2,151
  • Building Area: 1,001
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,001
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: R2

Geography

  • Parcel: LYNN M:058 B:184 L:008
  • Block: 184
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4824
  • Longitude: -70.9699

    Address

  • Full Address: 56 Thistle St
  • Address - House Number: 56
  • Address - Street Name: Thistle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C011
  • 4-Digit Zip Code: 1238
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,800

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 473,108
  • High Value: 593,076
  • Low Value: 353,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,100
  • Assessed Land Value: $238,300
  • Assessed Improvements Value: $246,800

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171130006500
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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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: 4 months ago
Data Source: MLS PIN, MLS# 72218216

Frequently Asked Questions

When was property at 56 Thistle Street built and last sold?
The property at 56 Thistle Street was built in 1961 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 56 Thistle Street is $323,870.
What are some comparable homes to 56 Thistle Street?
There are currently no comparable homes to 56 Thistle Street.
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