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Lynn 01905
7 Blakeley St
$353,000
● House - Off Market

7 Blakeley St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,368 Ft²
$556,920
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model

About This Property

Motivated seller looking to close a deal and move on!! Location, location, location! Take a drive down one of Lynn's prettiest tree lined streets near the Lynn-Saugus line. Nice Colonial in a great family neighborhood of West Lynn. Close to public transportation, hiking trails, schools and numerous other amenities. Wonderful place to raise a family with plenty of backyard space. Hardwood floors throughout. A large detached garage, an above ground pool with deck for the family entertainment, this house has it all. This well cared home is waiting for the new family to take over, don't miss out. All kitchen appliances, washer/dryer included. pellet stove and electric fireplace also included as gifts to the buyer. Act Now, not many properties like this in this great area.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$270
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1926

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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: 4 months ago (MLSPIN #72264615)

Price History

Date / Event Date Event Price
Mar 5, 2018 Sold
Premium
Sold
Dec 16, 2017 Listed by Re-Bound Properties $369,900
Listed by Re-Bound Properties
Apr 6, 2009 Sold
Premium
Sold
Jan 15, 2009 Listed by Re-Bound Properties $199,900
Listed by Re-Bound Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,114
  • Total Building Area: 1,603
  • Gross Building Area: 3,004
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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:038 B:331 L:067
  • Block: 331
  • Lot: 67
  • Municipality: LYNN
  • Latitude: 42.466
  • Longitude: -70.9743

    Address

  • Full Address: 7 Blakeley St
  • Address - House Number: 7
  • Address - Street Name: Blakeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 1829
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $526,300

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 581,605
  • High Value: 688,260
  • Low Value: 474,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $499,800
  • Assessed Land Value: $216,800
  • Assessed Improvements Value: $283,000

    Sales

  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180305003440
  • Previous Sale Recording Date: Apr 06, 2009
  • Previous Sale Amount: $180,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 years

Currently For Sale

156 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72264615

Frequently Asked Questions

When was property at 7 Blakeley Street built and last sold?
The property at 7 Blakeley Street was built in 1926 and last sold on Jan 1, 1970 for $353,000.
How much is this home worth?
The estimated value of the home located at 7 Blakeley Street is $373,824.
What are some comparable homes to 7 Blakeley Street?
There are currently no comparable homes to 7 Blakeley Street.
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