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Lynn 01905
650 Boston St
$510,000
● House - Off Market

650 Boston St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,118 Ft²
$451,409
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Discover the charm of this delightful home located in the highly sought-after West Lynn. Step into the open-concept living area, seamlessly merging the living room, dining room, and kitchen. With 3 bedrooms and 1 bathroom, this residence offers comfortable living spaces for your family. The property also features many amenities such as central air conditioning, ensuring year-round comfort. The paved driveway can easily accommodate up to 6 cars, providing ample parking. Enjoy the spacious yard, perfect for outdoor activities, and unwind on the cozy porch. Conveniently situated near amenities, schools, parks, and restaurants, this home offers easy access to everything you need, including the vibrant city of Boston. Don't miss out on this wonderful opportunity to make this your own.
Unit Size
1,118 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$402
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1880

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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 #73113910)

Price History

Date / Event Date Event Price
Jun 26, 2023 Sold
Premium
Sold
May 23, 2023 In contract -
In contract
May 19, 2023 Listed by Reference Real Estate $449,900
Listed by Reference Real Estate
Apr 28, 2017 Sold
Premium
Sold
Mar 9, 2017 Listed by Reference Real Estate $289,900
Listed by Reference Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • 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: 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: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,290
  • Total Building Area: 1,078
  • Gross Building Area: 1,971
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME PURCHASE CENTER CORPORATI
  • Land Acres: 0000000098
  • 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:021 B:289 L:004
  • Block: 289
  • Lot: 4
  • Municipality: LYNN
  • Latitude: 42.4631
  • Longitude: -70.9783

    Address

  • Full Address: 650 Boston St
  • Address - House Number: 650
  • Address - Street Name: Boston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 2039
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $457,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 511,964
  • High Value: 641,024
  • Low Value: 382,903

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $434,200
  • Assessed Land Value: $173,100
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230626002570
  • Previous Sale Recording Date: Apr 28, 2017
  • Previous Sale Amount: $290,000
  • 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:

$594,943

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2503 ft²

Average Home Age

97.5 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73113910

Frequently Asked Questions

When was property at 650 Boston Street built and last sold?
The property at 650 Boston Street was built in 1880 and last sold on Jun 26, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 650 Boston Street is $444,715.
What are some comparable homes to 650 Boston Street?
There are currently no comparable homes to 650 Boston Street.
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