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Lynn 01905
67 Grove Street
$180,000
● House - Off Market

67 Grove Street

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,130 Ft²
$400,617
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Property is currently rented, do not enter property. Property is being sold as condition. No representations or warranties expressed or nor implied by sellers or brokers. Buyers should perform their own due diligence and not rely on any information provided.
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$248
Property Type
House
Property Taxes
$316
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 #72495160)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
May 7, 2019 Listed by Savage Realty Group $280,000
Listed by Savage Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 729
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,886
  • Total Building Area: 1,859
  • Gross Building Area: 3,178
  • Building Area: 1,859
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,859
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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:210 L:060
  • Block: 210
  • Lot: 60
  • Municipality: LYNN
  • Latitude: 42.4689
  • Longitude: -70.9639

    Address

  • Full Address: 67 Grove St
  • Address - House Number: 67
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1613
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $647,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 640,590
  • High Value: 736,669
  • Low Value: 544,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,800
  • Assessed Land Value: $193,700
  • Assessed Improvements Value: $421,100

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190918005140
  • Previous Sale Recording Date: Aug 21, 2018
  • Previous Sale Document Type: 27
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:

$590,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2470 ft²

Average Home Age

96.8 years

Currently For Sale

161 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# 72495160

Frequently Asked Questions

When was property at 67 Grove Street built and last sold?
The property at 67 Grove Street was built in 1900 and last sold on Sep 18, 2019 for $180,000.
How much is this home worth?
The estimated value of the home located at 67 Grove Street is $279,770.
What are some comparable homes to 67 Grove Street?
There are currently no comparable homes to 67 Grove Street.
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