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Lynn 01902
6A Goodridge St
Photo of 6A Goodridge St

14

Map

Photo of 6A Goodridge St
Photo of 6A Goodridge St
$279,900
● House - In Contract

6A Goodridge St

Lynn, MA 01902
bedrooms
1 Bed
bathrooms
1 Bath
square feet
525 Ft²
$1,615
Est. Monthly
7.97%
Cap Rate

About This Property

Condo Alternative! Great Starter Home or Investment Opportunity! Single Family With 1 Bedroom, Open Concept Living Room,Kitchen and Full Bath. Stainless Steel Appliances, Granite Counter Tops, Hardwood Floors. Newly Vented In Unit Stackable Laundry. 5X5 Walk-In Closet. Level Lot With Parking for 3+ Cars. Close to Transportation and Shopping! Property Has Been Winterized.
Unit Size
525 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$533
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1918

Listed By

Colleen Toner
Toner Real Estate, LLC

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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: 2 years ago (MLSPIN #72929287)

Price History

Date / Event Date Event Price
Dec 22, 2021 Listed by Toner Real Estate, LLC $279,900
Listed by Toner Real Estate, LLC
Apr 9, 2010 Sold
Premium
Sold
Feb 11, 2010 Listed by Toner Real Estate, LLC $45,000
Listed by Toner Real Estate, LLC
Jun 3, 2008 Sold
Premium
Sold
Dec 30, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Paved, Paved Drive
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Range, Refrigerator, Washer, Dryer
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 3
Exterior Details
Square Footage: 525
Architectural Style: Bungalow
Year Built Source: Public Records
Year Built: 1918
Waterfront Features: Bay Access, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Area Total: 525
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1725
Water Source: Public
Financial Details
Tax Assessed Value: $221,000
Tax Annual Amount: $2,880
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 1,725
  • Total Building Area: 525
  • Gross Building Area: 525
  • Building Area: 525
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 525
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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: 206300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:085 B:497 L:058
  • Block: 497
  • Lot: 58
  • Municipality: LYNN
  • Latitude: 42.4785
  • Longitude: -70.9431

    Address

  • Full Address: 6a Goodridge St
  • Address - House Number: 6a
  • Address - Street Name: Goodridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C018
  • 4-Digit Zip Code: 2143
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $304,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 300,949
  • High Value: 351,911
  • Low Value: 249,987

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $288,900
  • Assessed Land Value: $174,100
  • Assessed Improvements Value: $114,800

    Sales

  • Current Sale Recording Date: Apr 09, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 03, 2008
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 34
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:

$596,450

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

95.3 years

Currently For Sale

164 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: 2 years ago
Data Source: MLS PIN, MLS# 72929287

Frequently Asked Questions

When was property at 6A Goodridge Street built and last sold?
The property at 6A Goodridge Street was built in 1918 and last sold on Jan 1, 1970 for $42,500.
How much is this home worth?
The estimated value of the home located at 6A Goodridge Street is $259,838.
What are some comparable homes to 6A Goodridge Street?
There are currently no comparable homes to 6A Goodridge Street.
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