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Lynn 01902
59 Lewis St
$650,000
● House - Off Market

59 Lewis St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,989 Ft²
$660,459
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Charming renovation that brings out the character of this exceptional home. , Large  Shaker style country kitchen with stainless steel  appliances and granite counters, Incredible storage and counter space, Sparkling hardwood floors throughout this unique home.  First floor consist of Open Living Room with fireplace, Dining area, Kitchen , Den/office w/ fire place and bonus sunroom, Bedroom with Half bath, Second level is 3 large bedrooms, 2 fire places , and gorgeous tiled bath featuring stand up  multi head shower system,   plus tub and additional shower. New  kitchen , 3 baths, Electric, Roof, Windows, Siding, insulation, plumbing, new framing, sheet rock, First floor is all new hardwood, plus new 9' X 10' rear deck and 7' x 33' Framers porch. See attached floor plans for room sizes and layout.
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$327
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1900

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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 #72977160)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Toner Real Estate, LLC $650,000
Listed by Toner Real Estate, LLC
Jan 29, 2021 Sold
Premium
Sold
May 25, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • 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: 902
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,143
  • Total Building Area: 1,989
  • Gross Building Area: 3,527
  • Building Area: 1,989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000095
  • 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: 206600

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:094 B:543 L:019
  • Block: 543
  • Lot: 19
  • Municipality: LYNN
  • Latitude: 42.4666
  • Longitude: -70.9279

    Address

  • Full Address: 59 Lewis St
  • Address - House Number: 59
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C033
  • 4-Digit Zip Code: 4830
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,400

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 713,851
  • High Value: 826,596
  • Low Value: 601,105

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,800
  • Assessed Land Value: $169,500
  • Assessed Improvements Value: $464,300

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220624004630
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Dec 24, 2020
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 35
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

2462 ft²

Average Home Age

96.5 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# 72977160

Frequently Asked Questions

When was property at 59 Lewis Street built and last sold?
The property at 59 Lewis Street was built in 1900 and last sold on Jun 24, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 59 Lewis Street is $657,798.
What are some comparable homes to 59 Lewis Street?
There are currently no comparable homes to 59 Lewis Street.
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