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Lynn 01904
8 Jenness Street
$315,000
● House - Off Market

8 Jenness Street

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
845 Ft²
$442,211
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

All thermal pane windows.  Updated kitchen with stainless steel appliances and granite countertops.  Hardwood floors on first floor and wall-to-wall carpeting on 2nd floor.  Enclosed front porch used as office.  New driveway.
Unit Size
845 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$367
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #72461270)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
Mar 6, 2019 Listed by Connor Real Estate $309,900
Listed by Connor Real Estate
Feb 23, 2018 Sold
Premium
Sold
Nov 17, 2017 Listed by Connor Real Estate $259,900
Listed by Connor Real Estate
Mar 23, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 483
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,234
  • Total Building Area: 845
  • Gross Building Area: 1,620
  • Building Area: 845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 845
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALTER L WEST
  • Land Acres: 0000000051
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:088 B:091 L:013
  • Block: 91
  • Lot: 13
  • Municipality: LYNN
  • Latitude: 42.4899
  • Longitude: -70.9591

    Address

  • Full Address: 8 Jenness St
  • Address - House Number: 8
  • Address - Street Name: Jenness
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C043
  • 4-Digit Zip Code: 1812
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $410,000
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 448,718
  • High Value: 529,739
  • Low Value: 367,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $389,400
  • Assessed Land Value: $182,900
  • Assessed Improvements Value: $206,500

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190621000970
  • Previous Sale Recording Date: Feb 23, 2018
  • Previous Sale Amount: $260,000
  • 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:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 years

Currently For Sale

162 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# 72461270

Frequently Asked Questions

When was property at 8 Jenness Street built and last sold?
The property at 8 Jenness Street was built in 1910 and last sold on Jun 21, 2019 for $315,000.
How much is this home worth?
The estimated value of the home located at 8 Jenness Street is $312,460.
What are some comparable homes to 8 Jenness Street?
There are currently no comparable homes to 8 Jenness Street.
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