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Lynn 01905
69 Sterling St
$350,000
● House - Off Market

69 Sterling St

Lynn, MA 01905
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$486,420
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Looking for your started home or ready to down size?  You found it! Charming home located on a side street near the Saugus line in an excellent neighborhood.  Open concept home with first floor laundry,  Enjoy the morning, afternoon and evenings in your lovely enclosed front porch. Second floor has two good size bedrooms with plenty of closet space. Yard is flat with an above ground pool and shed.  Back yard is enclosed. Easy access to major highways, Lynn Woods and the public school complex.  First showing is Saturday June 29, 2019  11-1  All offers will be reviewed by 5:00 Monday.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$270
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1953

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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: 6 months ago (MLSPIN #72525664)

Price History

Date / Event Date Event Price
Aug 19, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by Olde Town Realty $340,000
Listed by Olde Town Realty
Jul 27, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Olde Town Realty $249,900
Listed by Olde Town Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 1,260
  • Gross Building Area: 1,850
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 205600

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:007 B:371 L:034
  • Block: 371
  • Lot: 34
  • Municipality: LYNN
  • Latitude: 42.4713
  • Longitude: -70.9901

    Address

  • Full Address: 69 Sterling St
  • Address - House Number: 69
  • Address - Street Name: Sterling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 1363
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,200

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 533,266
  • High Value: 631,057
  • Low Value: 435,476

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,700
  • Assessed Land Value: $203,000
  • Assessed Improvements Value: $240,700

    Sales

  • Current Sale Contract Date: Aug 19, 2019
  • Current Sale Recording Date: Aug 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190819001750
  • Previous Sale Recording Date: Jul 27, 2015
  • Previous Sale Amount: $255,000
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2405 ft²

Average Home Age

96.1 years

Currently For Sale

151 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# 72525664

Frequently Asked Questions

When was property at 69 Sterling Street built and last sold?
The property at 69 Sterling Street was built in 1953 and last sold on Aug 19, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 69 Sterling Street is $346,932.
What are some comparable homes to 69 Sterling Street?
There are currently no comparable homes to 69 Sterling Street.
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