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Lynn 01905
8 Blakeley St
$258,000
● House - Off Market

8 Blakeley St

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,338 Ft²
$570,106
RealtyHop Estimate
119.36%
Since Mar 1, 2012
MA-Boston
Primary Model

About This Property

Beautifully renovated 3 bedroom, 1 1/2 bath home on family-friendly street.  Featuring gleaming hardwood throughout first and second floors, new kitchen with granite counters, breakfast bar, undermount stainless sink and stainless steel appliances, attractive tapestry brick FP LR, 1st fl. laundry, built-in china,  plenty of storage, new gas  FHA heat, new HW heater, updated electric, large level yard, shed and garage.  Enclosed front porch, attractive box-bay window in DR overlooking Backyard,
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$194
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1925

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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 #71321902)

Price History

Date / Event Date Event Price
Jun 16, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by Century 21 Hughes $469,000
Listed by Century 21 Hughes
Feb 16, 2012 Sold
Premium
Sold
Dec 28, 2011 Listed by Century 21 Hughes $259,900
Listed by Century 21 Hughes
Sep 29, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,267
  • Total Building Area: 1,203
  • Gross Building Area: 2,616
  • Building Area: 1,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,203
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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:038 B:333 L:028
  • Block: 333
  • Lot: 28
  • Municipality: LYNN
  • Latitude: 42.466
  • Longitude: -70.9747

    Address

  • Full Address: 8 Blakeley St
  • Address - House Number: 8
  • Address - Street Name: Blakeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 1830
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,600

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 634,205
  • High Value: 742,892
  • Low Value: 525,519

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $575,100
  • Assessed Land Value: $200,600
  • Assessed Improvements Value: $374,500

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210616002580
  • Previous Sale Recording Date: Feb 16, 2012
  • Previous Sale Amount: $258,000
  • 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

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2698 ft²

Average Home Age

97.9 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 71321902

Frequently Asked Questions

When was property at 8 Blakeley Street built and last sold?
The property at 8 Blakeley Street was built in 1925 and last sold on Jun 16, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 8 Blakeley Street is $459,784.
What are some comparable homes to 8 Blakeley Street?
There are currently no comparable homes to 8 Blakeley Street.
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