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Lynn 01904
6 Waverly St
$299,000
● House - Off Market

6 Waverly St

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$425,879
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

**Handyperson special.**  Here's your chance to own a 6 room Colonial conveniently located in the Pine Hill area of Lynn, close to shopping, school, major bus routes & more.  Needs work, but this home has all the hallmarks of a lovely lifetime home.  Nice floor plan on 1st level: living and dining rooms, both with hardwood floors; good sized kitchen. Step upstairs where 3 bedrooms await, plus you'll find a full bath and plenty of closet space.  There is access to a front to rear attic, which offers added space for storage, plus a full basement with exterior access.  Outside you'll find a lovely backyard, complete with patio & storage shed, plus 2 car parking in the driveway.  Vinyl siding. Hot water heater replaced in 2017.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$267
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72567057)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
Sep 18, 2019 Listed by RE/MAX Andrew Realty Services $299,000
Listed by RE/MAX Andrew Realty Services
Sep 8, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

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: 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: 658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,815
  • Total Building Area: 1,120
  • Gross Building Area: 1,944
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • 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: 205500

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:054 B:208 L:045
  • Block: 208
  • Lot: 45
  • Municipality: LYNN
  • Latitude: 42.4688
  • Longitude: -70.9619

    Address

  • Full Address: 6 Waverly St
  • Address - House Number: 6
  • Address - Street Name: Waverly
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 3118
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 481,842
  • High Value: 573,530
  • Low Value: 390,154

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,300
  • Assessed Land Value: $172,300
  • Assessed Improvements Value: $253,000

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191114005450
  • Previous Sale Recording Date: Sep 08, 1994
  • Previous Sale Amount: $77,000
  • 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:

$592,493

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# 72567057

Frequently Asked Questions

When was property at 6 Waverly Street built and last sold?
The property at 6 Waverly Street was built in 1900 and last sold on Nov 11, 2019 for $299,000.
How much is this home worth?
The estimated value of the home located at 6 Waverly Street is $309,619.
What are some comparable homes to 6 Waverly Street?
There are currently no comparable homes to 6 Waverly Street.
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