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Lynn 01905
7 Perkins Street
$309,000
● House - Off Market

7 Perkins Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,266 Ft²
$509,772
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Cancelled open house for 10/1....Desirable Pine Hill  neighborhood close to schools. 3 Bedrooms, 1.5 bath, new washer & dryer on 1st floor**. Above ground pool, patio and deck overlooking large fenced yard.  Large  Kitchen used as kit/din combo. w/bow window. Newer heating system has 2 zones. Roof, shutters are only 2 years old. New tar and gravel  parking area for 5 cars.  Nice garage for one car or storage. House has small enclosed front porch and mudroom area at the backdoor. Seller is actively seeking a new property and must find suitable housing before closing.
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$244
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72049339)

Price History

Date / Event Date Event Price
Nov 30, 2016 Sold
Premium
Sold
Aug 5, 2016 Listed by Jonah REALTORS® $309,000
Listed by Jonah REALTORS®
Feb 28, 2003 Sold
Premium
Sold
Dec 9, 2002 Listed by Jonah REALTORS® $259,900
Listed by Jonah REALTORS®
Jun 25, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 783
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,316
  • Total Building Area: 1,266
  • Gross Building Area: 2,374
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:040 B:240 L:011
  • Block: 240
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4712
  • Longitude: -70.977

    Address

  • Full Address: 7 Perkins St
  • Address - House Number: 7
  • Address - Street Name: Perkins
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C005
  • 4-Digit Zip Code: 1112
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $513,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2383
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 556,836
  • High Value: 689,572
  • Low Value: 424,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,000
  • Assessed Land Value: $207,400
  • Assessed Improvements Value: $280,600

    Sales

  • Current Sale Recording Date: Nov 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 299
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Amount: $252,000
  • 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:

$594,993

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2465 ft²

Average Home Age

97.1 years

Currently For Sale

163 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# 72049339

Frequently Asked Questions

When was property at 7 Perkins Street built and last sold?
The property at 7 Perkins Street was built in 1900 and last sold on Jan 1, 1970 for $309,000.
How much is this home worth?
The estimated value of the home located at 7 Perkins Street is $319,337.
What are some comparable homes to 7 Perkins Street?
There are currently no comparable homes to 7 Perkins Street.
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