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Lynn 01905
73 Neptune St
$314,000
● House - Off Market

73 Neptune St

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$493,335
RealtyHop Estimate
61.75%
Since Mar 1, 2017
MA-Boston
Primary Model

About This Property

**Back on the market due that buyer couldn't secure mortgage**  Newly renovated Raised Ranch offers,3 bedrooms, 1 bathroom, open living room/dining area and kitchen on second floor. First floor offers a finished in-law apartment with 1 bedroom, 1 bathroom.  This house offers a great opportunity for a large family/extended family. This house features Brand new Roof 1 month old , New,Windows, New Floor, Granite counter tops, New SS appliances, tastefully painted. Make this house your home!
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$150
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1925

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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: 6 months ago (MLSPIN #72091993)

Price History

Date / Event Date Event Price
Feb 28, 2017 Sold
Premium
Sold
Nov 10, 2016 Listed by Amana Green Realty $305,000
Listed by Amana Green Realty
Jun 20, 2016 Sold
Premium
Sold
Dec 28, 2015 Listed by Amana Green Realty $155,000
Listed by Amana Green Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,055
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,665
  • Total Building Area: 1,055
  • Gross Building Area: 2,140
  • Building Area: 1,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,055
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • 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: 207100

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:036 B:774 L:016
  • Block: 774
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4585
  • Longitude: -70.9622

    Address

  • Full Address: 73 Neptune St
  • Address - House Number: 73
  • Address - Street Name: Neptune
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C002
  • 4-Digit Zip Code: 2836
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,800

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 565,917
  • High Value: 662,900
  • Low Value: 468,933

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,200
  • Assessed Land Value: $175,600
  • Assessed Improvements Value: $306,600

    Sales

  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 604
  • Previous Sale Recording Date: Jun 20, 2016
  • Previous Sale Amount: $140,000
  • 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:

$590,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2486 ft²

Average Home Age

97.4 years

Currently For Sale

157 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: 6 months ago
Data Source: MLS PIN, MLS# 72091993

Frequently Asked Questions

When was property at 73 Neptune Street built and last sold?
The property at 73 Neptune Street was built in 1925 and last sold on Jan 1, 1970 for $314,000.
How much is this home worth?
The estimated value of the home located at 73 Neptune Street is $327,911.
What are some comparable homes to 73 Neptune Street?
There are currently no comparable homes to 73 Neptune Street.
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