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Lynn 01905
59 Mall St
$237,000
● House - Off Market

59 Mall St

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,186 Ft²
$436,015
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

The luxury of space is yours in the 2100+ sf  Colonial home. Newly installed half bath on first floor  4 large bedrooms plus extra room for office or den ! This home has many period details including an inviting fireplace in the living room, detailed molding, and  a wrap around porch. House sits in the rear but has a long driveway for 3+ cars.   Make this home yours with your own personal decorating touches!
Unit Size
2,186 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$110
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1880

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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 #71751253)

Price History

Date / Event Date Event Price
Feb 3, 2015 Sold
Premium
Sold
Oct 1, 2014 Listed by Martel Real Estate $239,900
Listed by Martel Real Estate
Jul 14, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,081
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,572
  • Total Building Area: 2,184
  • Gross Building Area: 4,606
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY M MURPHY
  • Land Acres: 0000000082
  • 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: 206000

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:054 B:262 L:029
  • Block: 262
  • Lot: 29
  • Municipality: LYNN
  • Latitude: 42.4655
  • Longitude: -70.9634

    Address

  • Full Address: 59 Mall St
  • Address - House Number: 59
  • Address - Street Name: Mall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C001
  • 4-Digit Zip Code: 2224
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,900

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 611,099
  • High Value: 766,058
  • Low Value: 456,141

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,200
  • Assessed Land Value: $158,600
  • Assessed Improvements Value: $364,600

    Sales

  • Current Sale Recording Date: Feb 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20300132
  • Previous Sale Recording Date: Jul 14, 2014
  • Previous Sale Amount: $190,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2536 ft²

Average Home Age

96.5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71751253

Frequently Asked Questions

When was property at 59 Mall Street built and last sold?
The property at 59 Mall Street was built in 1880 and last sold on Jan 1, 1970 for $239,000.
How much is this home worth?
The estimated value of the home located at 59 Mall Street is $267,809.
What are some comparable homes to 59 Mall Street?
There are currently no comparable homes to 59 Mall Street.
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