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Lynn 01902
69 Coburn St
$370,000
● House - Off Market

69 Coburn St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,952 Ft²
$570,031
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Lovingly cared for Colonial Home consists of a remodeled fully applianced kitchen, Dining Room, Living Room with recessed lighting and ceiling fan,Hardwood Floors lots of windows with plenty of sunlight and. 1/4 bath on 1st floor, rebuilt staircase from foyer to 2nd floor, 2nd floor consists of 3 bedrooms w/hardwood floors, a small sitting room, and a beautiful tiled bathroom, attic access with a bonus room, roof is 6mos old, direct vent gas heating system 2 years old and a new laundry room in basement, 1 car garage and additional off st parking, nice yard for family gatherings,
Unit Size
1,952 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$197
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1920

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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 #72318142)

Price History

Date / Event Date Event Price
Jul 12, 2018 Sold
Premium
Sold
May 1, 2018 Listed by Connor Real Estate $385,000
Listed by Connor Real Estate
Nov 30, 2012 Sold
Premium
Sold
Sep 20, 2012 Listed by Connor Real Estate $218,800
Listed by Connor Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 771
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,209
  • Total Building Area: 1,952
  • Gross Building Area: 3,249
  • Building Area: 1,952
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,952
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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:105 B:483 L:036
  • Block: 483
  • Lot: 36
  • Municipality: LYNN
  • Latitude: 42.4762
  • Longitude: -70.931

    Address

  • Full Address: 69 Coburn St
  • Address - House Number: 69
  • Address - Street Name: Coburn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1741
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,900

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 576,786
  • High Value: 675,812
  • Low Value: 477,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,700
  • Assessed Land Value: $193,200
  • Assessed Improvements Value: $320,500

    Sales

  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180712003450
  • Previous Sale Recording Date: Nov 30, 2012
  • Previous Sale Amount: $217,500
  • 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:

$592,493

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2441 ft²

Average Home Age

96 years

Currently For Sale

158 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: 5 months ago
Data Source: MLS PIN, MLS# 72318142

Frequently Asked Questions

When was property at 69 Coburn Street built and last sold?
The property at 69 Coburn Street was built in 1920 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 69 Coburn Street is $403,226.
What are some comparable homes to 69 Coburn Street?
There are currently no comparable homes to 69 Coburn Street.
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