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Lynn 01902
76 Empire St
$205,000
● House - Off Market

76 Empire St

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,395 Ft²
$467,377
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

SELLER MOTIVATED TO NEGOTIATE!  NOT A SHORTSALE!! Well cared for family home in great neighborhood featuring outstanding lot with professionally landscaped yard, central A/C, 9rms, 5bdrms, 2 and half baths, updated through-out, newer roof, windows and siding, finished basement, washer and dryer hook-ups, hard-wood floors, tiled kit and baths, jacuzzi tub, rear deck, plenty of parking and close to transportation and the beach.
Unit Size
2,395 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$92
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1905

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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 #71339677)

Price History

Date / Event Date Event Price
Apr 12, 2012 Sold
Premium
Sold
Feb 16, 2012 Listed by RE/MAX Heritage, LLC $219,900
Listed by RE/MAX Heritage, LLC
Feb 17, 2009 Sold
Premium
Sold
Jan 13, 2009 Sold
Premium
Sold
Oct 29, 2008 Listed by RE/MAX Heritage, LLC $170,000
Listed by RE/MAX Heritage, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 711
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,113
  • Total Building Area: 1,310
  • Gross Building Area: 2,418
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:481 L:023
  • Block: 481
  • Lot: 23
  • Municipality: LYNN
  • Latitude: 42.474
  • Longitude: -70.9309

    Address

  • Full Address: 76 Empire St
  • Address - House Number: 76
  • Address - Street Name: Empire
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1720
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $564,500

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 564,033
  • High Value: 670,864
  • Low Value: 457,201

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,100
  • Assessed Land Value: $203,700
  • Assessed Improvements Value: $332,400

    Sales

  • Current Sale Recording Date: Apr 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Feb 17, 2009
  • Previous Sale Amount: $170,000
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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: 4 months ago
Data Source: MLS PIN, MLS# 71339677

Frequently Asked Questions

When was property at 76 Empire Street built and last sold?
The property at 76 Empire Street was built in 1905 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 76 Empire Street is $222,809.
What are some comparable homes to 76 Empire Street?
There are currently no comparable homes to 76 Empire Street.
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