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Lynn 01905
61 Thistle St
$400,000
● House - Off Market

61 Thistle St

Lynn, MA 01905
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$569,596
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Well-Maintained Brick Front Ranch Located In Much Sought After Neighborhood! Easy Living! 6 Generous Size Rooms, 2 Bedrooms, and 2 Full Baths! Fire-Placed Living Room, Remodeled Kitchen, Large Master Bedroom With Double Closets. Finished Basement With Full Bath, and New Wall-to-Wall Carpet. Brand New Gas Heat/Central Air 2019. 3 Season Room Overlooks Oversized Level Fenced Lot. 1 Car Garage.  Minutes To Lynn Woods, Gannon Golf Course, and Shopping!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$222
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1960

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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 #72559065)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Toner Real Estate, LLC $399,900
Listed by Toner Real Estate, LLC
Jul 21, 2017 Sold
Premium
Sold
May 31, 2017 Listed by Toner Real Estate, LLC $359,000
Listed by Toner Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,684
  • Total Building Area: 1,008
  • Gross Building Area: 2,479
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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:057 B:185 L:011
  • Block: 185
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4822
  • Longitude: -70.9694

    Address

  • Full Address: 61 Thistle St
  • Address - House Number: 61
  • Address - Street Name: Thistle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C011
  • 4-Digit Zip Code: 1237
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,900

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 574,108
  • High Value: 679,246
  • Low Value: 468,970

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,800
  • Assessed Land Value: $193,100
  • Assessed Improvements Value: $356,700

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20191126005030
  • Previous Sale Recording Date: Jul 21, 2017
  • Previous Sale Amount: $380,000
  • 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

2528 ft²

Average Home Age

96.4 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: 4 months ago
Data Source: MLS PIN, MLS# 72559065

Frequently Asked Questions

When was property at 61 Thistle Street built and last sold?
The property at 61 Thistle Street was built in 1960 and last sold on Nov 22, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 61 Thistle Street is $429,496.
What are some comparable homes to 61 Thistle Street?
There are currently no comparable homes to 61 Thistle Street.
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