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Lynn 01904
72 Clairmont St
$530,000
● House - Off Market

72 Clairmont St

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$550,632
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Much sought after Ward 1 Colonial featuring New Kitchen with all new appliances and Quartz countertops, 2 new bathrooms, hardwood throughout. Bright sunroom and mudroom off kitchen. Bonus room on 2nd floor Possible walk-in-closet or computer room. Large fenced in backyard, 4 car driveway plus 2 car garage, full basement.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$399
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #73012975)

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold
Premium
Sold
Jul 15, 2022 Listed by Duffy Realty Group $527,000
Listed by Duffy Realty Group
Nov 30, 2015 Sold
Premium
Sold
Aug 27, 2015 Listed by Duffy Realty Group $314,900
Listed by Duffy Realty Group
Sep 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,320
  • Gross Building Area: 2,754
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:107 L:015
  • Block: 107
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.49
  • Longitude: -70.9571

    Address

  • Full Address: 72 Clairmont St
  • Address - House Number: 72
  • Address - Street Name: Clairmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 1967
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $551,600

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 582,966
  • High Value: 684,182
  • Low Value: 481,750

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,800
  • Assessed Land Value: $198,600
  • Assessed Improvements Value: $325,200

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2.0220808004E+1
  • Previous Sale Recording Date: Nov 30, 2015
  • Previous Sale Amount: $300,000
  • 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:

$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: 5 months ago
Data Source: MLS PIN, MLS# 73012975

Frequently Asked Questions

When was property at 72 Clairmont Street built and last sold?
The property at 72 Clairmont Street was built in 1920 and last sold on Aug 8, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 72 Clairmont Street is $523,021.
What are some comparable homes to 72 Clairmont Street?
There are currently no comparable homes to 72 Clairmont Street.
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