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Lynn 01905
64 Grove St
$450,000
● House - Off Market

64 Grove St

Lynn, MA 01905
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,929 Ft²
$655,494
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

The Spectacular single-family is the right house at the right time. Newly renovated, this 5-bedroom 1.5 bath colonial offers the space you need and the warm feeling of home that you've been searching for. Kitchen has newer appliances and cabinets along with granite countertops with a terrific breakfast bar. Hardwood flooring on the entire house. One car garage and 4 parking spaces, small patio and back covered porch. New high efficiency Navien heating system, laundry hook up in basement. Close to route 1, route 107.  Absolutely huge and gorgeous home for extended family that is move in ready & will exceed all expectations.
Unit Size
1,929 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$238
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72481890)

Price History

Date / Event Date Event Price
Jul 30, 2019 Sold
Premium
Sold
Apr 12, 2019 Listed by Keller Williams Realty $459,900
Listed by Keller Williams Realty
Nov 2, 2018 Sold
Premium
Sold
Aug 29, 2018 Listed by Keller Williams Realty $180,000
Listed by Keller Williams Realty
Nov 15, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,764
  • Total Building Area: 1,929
  • Gross Building Area: 2,872
  • Building Area: 1,929
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,929
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:054 B:211 L:004
  • Block: 211
  • Lot: 4
  • Municipality: LYNN
  • Latitude: 42.4688
  • Longitude: -70.9643

    Address

  • Full Address: 64 Grove St
  • Address - House Number: 64
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1614
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $554,500

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 612,306
  • High Value: 724,590
  • Low Value: 500,021

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,600
  • Assessed Land Value: $177,300
  • Assessed Improvements Value: $349,300

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190730006500
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Amount: $270,000
  • 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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

95.9 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 72481890

Frequently Asked Questions

When was property at 64 Grove Street built and last sold?
The property at 64 Grove Street was built in 1900 and last sold on Jul 11, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 64 Grove Street is $461,234.
What are some comparable homes to 64 Grove Street?
There are currently no comparable homes to 64 Grove Street.
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