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Lynn 01904
6 Bowler Street
$88,000
● House - Off Market

6 Bowler Street

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
850 Ft²
$219,807
RealtyHop Estimate
144.50%
Since Nov 1, 2001
MA-Boston
Primary Model

About This Property

PROMISING COTTAGE IN NEED OF REHAB - WONDERFUL LAKESIDE AREA A CARPENTER'S DREAM - SMALL YARD SCREENED IN PORCH ON SIDE TREMENDOUS POTENTIAL
Unit Size
850 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$106
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1860

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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 years ago (MLSPIN #30529162)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Century 21 Tradition $399,900
Listed by Century 21 Tradition
May 15, 2002 Sold
Premium
Sold
Oct 17, 2001 Sold
Premium
Sold
Aug 2, 2001 Listed by Century 21 Tradition $89,900
Listed by Century 21 Tradition

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 629
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,565
  • Total Building Area: 1,027
  • Gross Building Area: 1,957
  • Building Area: 1,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,027
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000059
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:086 B:170 L:019
  • Block: 170
  • Lot: 19
  • Municipality: LYNN
  • Latitude: 42.4806
  • Longitude: -70.9489

    Address

  • Full Address: 6 Bowler St
  • Address - House Number: 6
  • Address - Street Name: Bowler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2613
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $423,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 445,075
  • High Value: 552,422
  • Low Value: 337,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,200
  • Assessed Land Value: $176,300
  • Assessed Improvements Value: $225,900

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211022003300
  • Previous Sale Recording Date: May 15, 2002
  • Previous Sale Amount: $135,000
  • 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: 4 years ago
Data Source: MLS PIN, MLS# 30529162

Frequently Asked Questions

When was property at 6 Bowler Street built and last sold?
The property at 6 Bowler Street was built in 1860 and last sold on Oct 22, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 6 Bowler Street is $392,734.
What are some comparable homes to 6 Bowler Street?
There are currently no comparable homes to 6 Bowler Street.
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