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Lynn 01905
63 Starrett Rd
Photo of 63 Starrett Rd
Sold on Aug 26, 2011

1

Map

$175,000
● House - Off Market

63 Starrett Rd

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,594 Ft²
$352,520
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

WOW! Must see! Great potential! Investors, contractors, first time home buyers, great starter home or condo alternative. Sold as is. All offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement & all sellers' addendums. The acceptance of good faith monies in escrow without an executed contract does not bind the seller. Buyer is responsible to verify all information since it was obtained from a 3rd party. Commission paid on net sales pric
Unit Size
1,594 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$107
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1950

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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: 28 days ago (MLSPIN #71245831)

Price History

Date / Event Date Event Price
Nov 9, 2016 Sold
Premium
Sold
Aug 3, 2016 Listed by Coco, Early & Associates $314,900
Listed by Coco, Early & Associates
Sep 25, 2015 Sold
Premium
Sold
Aug 26, 2015 Listed by Coco, Early & Associates $259,900
Listed by Coco, Early & Associates
Aug 26, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 911
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Total Building Area: 1,594
  • Gross Building Area: 2,843
  • Building Area: 1,594
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,594
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VETERAN S HOUSING SEC 03
  • Land Acres: 0000000116
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:022 B:348 L:018
  • Block: 348
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4654
  • Longitude: -70.9812

    Address

  • Full Address: 63 Starrett Rd
  • Address - House Number: 63
  • Address - Street Name: Starrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1457
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $519,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 589,390
  • High Value: 697,473
  • Low Value: 481,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,900
  • Assessed Land Value: $199,300
  • Assessed Improvements Value: $293,600

    Sales

  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 340
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Amount: $255,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 years

Currently For Sale

156 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: 28 days ago
Data Source: MLS PIN, MLS# 71245831

Frequently Asked Questions

When was property at 63 Starrett Road built and last sold?
The property at 63 Starrett Road was built in 1950 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 63 Starrett Road is $329,478.
What are some comparable homes to 63 Starrett Road?
There are currently no comparable homes to 63 Starrett Road.
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