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Lynn 01902
72 Gertrude St
$630,000
● House - Off Market

72 Gertrude St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,465 Ft²
$595,566
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Your Private Retreat Awaits!! Beautiful 7 Room, 3-4 Bedroom, 2 Bathroom Colonial On Quiet Side Street! Nothing To Do, But Move In! First Floor Boasts Sunny Living Room with Bay Windows, Formal Dining Room with Recessed Lighting, Half Bath and Eat-In Kitchen with Plenty of Cabinetry, Granite Countertops, Stainless Steel Appliances and Gas Cooking! 3 Spacious Bedrooms with Closets and Beautifully Renovated Marble Tiled Full Bath Complete The Second Floor. Sparkling Hardwood, Parquet and Luxury Flooring Throughout. Laundry In Partially Finished Basement with Bonus Room. Updated 200 Amp Electrical Service. Serene Fenced-In Yard with Plenty of Greenery, Covered Back Porch, Stone Patio and Brick Pizza Oven. Off-Street Parking For 2-3 Cars On Paved Driveway. Do Not Miss Out On This TurnKey Home!
Unit Size
1,465 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$409
Property Type
House
Property Taxes
$436
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: 6 months ago (MLSPIN #73136152)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 20, 2023 In contract -
In contract
Jul 13, 2023 Listed by Toner Real Estate, LLC $599,900
Listed by Toner Real Estate, LLC
Dec 22, 2017 Sold
Premium
Sold
Sep 12, 2017 Listed by Toner Real Estate, LLC $344,900
Listed by Toner Real Estate, LLC
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 871
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,261
  • Total Building Area: 1,465
  • Gross Building Area: 2,933
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ABANDONMENT LYNN
  • Land Acres: 0000000144
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:097 B:453 L:017
  • Block: 453
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4808
  • Longitude: -70.9389

    Address

  • Full Address: 72 Gertrude St
  • Address - House Number: 72
  • Address - Street Name: Gertrude
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C034
  • 4-Digit Zip Code: 1538
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,000

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 591,666
  • High Value: 696,891
  • Low Value: 486,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,800
  • Assessed Land Value: $199,000
  • Assessed Improvements Value: $313,800

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230818002100
  • Previous Sale Recording Date: Dec 22, 2017
  • Previous Sale Amount: $336,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$598,450

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

96 years

Currently For Sale

148 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: 6 months ago
Data Source: MLS PIN, MLS# 73136152

Frequently Asked Questions

When was property at 72 Gertrude Street built and last sold?
The property at 72 Gertrude Street was built in 1900 and last sold on Aug 18, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 72 Gertrude Street is $588,405.
What are some comparable homes to 72 Gertrude Street?
There are currently no comparable homes to 72 Gertrude Street.
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