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Lynn 01902
64 Alden St
$440,000
● House - Off Market

64 Alden St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,890 Ft²
$539,270
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Spacious Colonial on the Lynn/Swampscott line.  Roof replaced in fall of 2019.  This property features an eat in kitchen with walk out access to a screened in porch, 3/4 bath on the first floor, family room with bar and pellet stove perfect for hosting and watching the big game, 2nd floor features 3 bedrooms,  full bath, 1/2 bath with washer/dryer and a walk up attic with even more living space potential, the basement features a 2nd laundry area with washer/dryer, finished room in the basement has in-law potential with separate entrance, sink, counter and cabinets. Showings start Saturday from 1pm-3pm and Sunday from 11am-3pm by appointment only.  Mask and gloves required.  All appliances to remain.  Offers due by Monday June 15th by 5pm.
Unit Size
1,890 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$212
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1935

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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: 6 months ago (MLSPIN #72672172)

Price History

Date / Event Date Event Price
Jul 29, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by Coldwell Banker Residential Brokerage - Lynnfield $399,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 686
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,112
  • Total Building Area: 1,890
  • Gross Building Area: 3,508
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESSEX LYNN PARK ANX
  • Land Acres: 0000000071
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:106 B:410 L:058
  • Block: 410
  • Lot: 58
  • Municipality: LYNN
  • Latitude: 42.4829
  • Longitude: -70.9335

    Address

  • Full Address: 64 Alden St
  • Address - House Number: 64
  • Address - Street Name: Alden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1161
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $577,700

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 622,453
  • High Value: 736,746
  • Low Value: 508,160

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,600
  • Assessed Land Value: $182,500
  • Assessed Improvements Value: $366,100

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200729004670
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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2424 ft²

Average Home Age

96 years

Currently For Sale

148 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: 6 months ago
Data Source: MLS PIN, MLS# 72672172

Frequently Asked Questions

When was property at 64 Alden Street built and last sold?
The property at 64 Alden Street was built in 1935 and last sold on Jul 28, 2020 for $440,000.
How much is this home worth?
The estimated value of the home located at 64 Alden Street is $424,430.
What are some comparable homes to 64 Alden Street?
There are currently no comparable homes to 64 Alden Street.
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