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Lynn 01905
727 Boston St
$350,000
● House - Off Market

727 Boston St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,082 Ft²
$477,885
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Move right into this charming Colonial on a corner lot along the Saugus line! Upon entering you're greeted by hardwood floors, beautiful moldings and abundant natural light throughout. The spacious living room flows nicely into the bright dining room with a built in china cabinet. Just off of the dining room is the great white kitchen with two-year-old stainless steel dishwasher and range. Hardwood floors continue upstairs to the three good-sized bedrooms full bathroom at the end of the hallway. The large, dry basement offers laundry and ample storage space. Relax on the front porch or back patio, great for entertaining. Two off-street parking spots and the home is adjacent to a cul de sac street. In convenient location near schools, playgrounds, bus stop, and Lynn Woods. Move right into this beautiful home!
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$310
Property Type
House
Property Taxes
$342
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: 6 months ago (MLSPIN #72491496)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
May 1, 2019 Listed by Redfin Corp. $334,900
Listed by Redfin Corp.
Jun 19, 2017 Sold
Premium
Sold
Apr 19, 2017 Listed by Redfin Corp. $309,000
Listed by Redfin Corp.
Oct 7, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 633
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,738
  • Total Building Area: 1,082
  • Gross Building Area: 2,018
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000063
  • 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:004 B:352 L:089
  • Block: 352
  • Lot: 89
  • Municipality: LYNN
  • Latitude: 42.4621
  • Longitude: -70.9852

    Address

  • Full Address: 727 Boston St
  • Address - House Number: 727
  • Address - Street Name: Boston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1539
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $495,800

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 523,515
  • High Value: 622,541
  • Low Value: 424,490

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,800
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $305,600

    Sales

  • Current Sale Contract Date: Jun 10, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190614004920
  • Previous Sale Recording Date: Jun 19, 2017
  • Previous Sale Amount: $305,000
  • 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:

$599,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2433 ft²

Average Home Age

97.2 years

Currently For Sale

152 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# 72491496

Frequently Asked Questions

When was property at 727 Boston Street built and last sold?
The property at 727 Boston Street was built in 1920 and last sold on Jun 10, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 727 Boston Street is $342,165.
What are some comparable homes to 727 Boston Street?
There are currently no comparable homes to 727 Boston Street.
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