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Lynn 01902
70 Timson St.
$494,900
● House - Off Market

70 Timson St.

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,364 Ft²
$466,058
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Searching for a single family with great indoor and outdoor space? Look no further, this 8 room 3 bed 2 bath home is for you. First floor boasts a flexible layout that can accommodate your family's needs. Open concept kitchen and dining room. Large fenced-in yard is perfect for kids and pets to run and play. Close proximity to King's and Long Beach. As well as public transportation. Partially finished basement has potential for a family game room. Oil heat, water heated by gas, 3 car parking. First Showings Open Houses.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$337
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1900

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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 #72964444)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Coldwell Banker First Quality Realty $459,900
Listed by Coldwell Banker First Quality Realty
Apr 13, 2006 Sold
Premium
Sold
Nov 28, 2005 Listed by Coldwell Banker First Quality Realty $275,000
Listed by Coldwell Banker First Quality Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 842
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,636
  • Total Building Area: 1,364
  • Gross Building Area: 2,603
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 206500

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:530 L:011
  • Block: 530
  • Lot: 11
  • Municipality: LYNN
  • Latitude: 42.4721
  • Longitude: -70.9302

    Address

  • Full Address: 70 Timson St
  • Address - House Number: 70
  • Address - Street Name: Timson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1827
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,400

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 542,629
  • High Value: 642,265
  • Low Value: 442,993

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $453,400
  • Assessed Land Value: $174,500
  • Assessed Improvements Value: $278,900

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220527005600
  • Previous Sale Recording Date: Apr 13, 2006
  • Previous Sale Amount: $265,000
  • 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

2704 ft²

Average Home Age

97.1 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# 72964444

Frequently Asked Questions

When was property at 70 Timson Street built and last sold?
The property at 70 Timson Street was built in 1900 and last sold on May 27, 2022 for $494,900.
How much is this home worth?
The estimated value of the home located at 70 Timson Street is $468,292.
What are some comparable homes to 70 Timson Street?
There are currently no comparable homes to 70 Timson Street.
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