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Lynn 01905
77 Grove St
$610,000
● House - Off Market

77 Grove St

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,060 Ft²
$630,997
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

Beautiful house with many thoughtful updates located in the desirable Pine Hills area. Magnificent kitchen with granite counters, kitchen island, hard wood floors and sliders doors out to deck. Formal Dinning room and den (that could be converted to a 5th bedroom) off the kitchen. Second floor has 4 large bedrooms with ample closet space and one big full bathroom. Roof only 2 years old. This property has a spacious fence-in patio with a detached shed. Fall in love with this wonderful home and enjoy the tranquil location. Close to Boston, All Major Highways, Shopping, Schools, Lynn Woods, North Shore Community College, Lynn Auditorium, Train, & the Beach!  Showings by appointment
Unit Size
2,060 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$301
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1890

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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: 5 months ago (MLSPIN #73079278)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Mar 9, 2023 In contract -
In contract
Feb 15, 2023 Listed by Dell Realty Inc. $619,999
Listed by Dell Realty Inc.
Dec 4, 2018 Sold
Premium
Sold
Sep 20, 2018 Listed by Dell Realty Inc. $359,999
Listed by Dell Realty Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,130
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,944
  • Total Building Area: 2,060
  • Gross Building Area: 3,427
  • Building Area: 2,060
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,060
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • 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: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:054 B:210 L:063
  • Block: 210
  • Lot: 63
  • Municipality: LYNN
  • Latitude: 42.4693
  • Longitude: -70.9638

    Address

  • Full Address: 77 Grove St
  • Address - House Number: 77
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C003
  • 4-Digit Zip Code: 1613
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,300

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 646,793
  • High Value: 788,190
  • Low Value: 505,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $497,900
  • Assessed Land Value: $178,200
  • Assessed Improvements Value: $319,700

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230414003560
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Nov 24, 2018
  • Previous Sale Amount: $347,000
  • 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73079278

Frequently Asked Questions

When was property at 77 Grove Street built and last sold?
The property at 77 Grove Street was built in 1890 and last sold on Apr 14, 2023 for $610,000.
How much is this home worth?
The estimated value of the home located at 77 Grove Street is $619,255.
What are some comparable homes to 77 Grove Street?
There are currently no comparable homes to 77 Grove Street.
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