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Lynn 01905
784 Boston St
$460,000
● House - Off Market

784 Boston St

Lynn, MA 01905
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$456,887
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

This unique 4 Bedroom home has not been available since 1963. This property potentially could be a two family or perfect In-law. The Finished walkout basement boasts a  kitchen, living room, laundry room, Full bath, and generous sized 4th bedroom. Buyers to perform their own due diligence. Upstairs is providing plenty of natural sunlight and the bathroom was recently renovated. Step out on your large deck and enjoy the tranquility of the back yard, that also has a Patio and a fully equipped Greenhouse. In addition a large shed. Two separate driveways that provides 4 off street parking spots. Home includes a generator. Roof is approximately six years old. Located close To major highways and public transportation. Come make this Property your home. Seller will be reviewing offers as they come in.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$219
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1955

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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 #73024285)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Aug 11, 2022 Listed by Realty One Group Nest $430,000
Listed by Realty One Group Nest

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,410
  • Total Building Area: 1,312
  • Gross Building Area: 3,341
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • 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:318 L:016
  • Block: 318
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4613
  • Longitude: -70.9876

    Address

  • Full Address: 784 Boston St
  • Address - House Number: 784
  • Address - Street Name: Boston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1545
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 596,850
  • High Value: 706,301
  • Low Value: 487,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,400
  • Assessed Land Value: $212,300
  • Assessed Improvements Value: $284,100

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20221101001320
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:

$594,993

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2496 ft²

Average Home Age

97.5 years

Currently For Sale

158 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# 73024285

Frequently Asked Questions

When was property at 784 Boston Street built and last sold?
The property at 784 Boston Street was built in 1955 and last sold on Oct 17, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 784 Boston Street is $448,381.
What are some comparable homes to 784 Boston Street?
There are currently no comparable homes to 784 Boston Street.
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