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Lynn 01905
63 Cottage St
Photo of 63 Cottage St
Sold on Sep 9, 2011

1

Map

$85,000
● House - Off Market

63 Cottage St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,680 Ft²
$140,891
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

ALL OFFERS HAVE BEEN SUBMITTED. NO FURTHER SHOWINGS/OFFERS AT THIS TIME!! Corporate Owned solid colonial with 3 bedrooms and garage. Great potential can only be purchased cash or 203k rehab $1200 bonus to selling agent and 3.5% in closing costs assistance if closes prior to Oct,31,2011. Only owner occupants can purchase at this time after Aug 31,2011 investors can purchase Highest and best offers by   8-19-2011 at 12 Noon. All offers must be accompanied by Fannie Mae Addendums . See MLS.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$40
Property Type
House
Property Taxes
$245
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: 2 months ago (MLSPIN #71275577)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Jul 2, 2020 Listed by Century 21 Hughes $425,000
Listed by Century 21 Hughes
Sep 9, 2011 Sold
Premium
Sold
Aug 16, 2011 Listed by Century 21 Hughes $67,200
Listed by Century 21 Hughes
Nov 21, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,787
  • Total Building Area: 1,680
  • Gross Building Area: 3,123
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 205800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:037 B:276 L:038
  • Block: 276
  • Lot: 38
  • Municipality: LYNN
  • Latitude: 42.4607
  • Longitude: -70.9717

    Address

  • Full Address: 63 Cottage St
  • Address - House Number: 63
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 2362
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,800

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 596,232
  • High Value: 702,136
  • Low Value: 490,328

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,800
  • Assessed Land Value: $187,000
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 615167
  • Previous Sale Recording Date: Sep 09, 2011
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
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

Rentals Near You

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Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71275577

Frequently Asked Questions

When was property at 63 Cottage Street built and last sold?
The property at 63 Cottage Street was built in 1900 and last sold on Aug 10, 2020 for $470,000.
How much is this home worth?
The estimated value of the home located at 63 Cottage Street is $429,056.
What are some comparable homes to 63 Cottage Street?
There are currently no comparable homes to 63 Cottage Street.
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