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Lynn 01904
8 Mapleton Pl
$325,000
● House - Off Market

8 Mapleton Pl

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,082 Ft²
$458,369
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Lakeside Colonial off Maple, 6 rms, 3brs, one bath, well maintained home, Updated eat-in kitchen, fireplace dining room, living room on first level.  Second floor has three bedrooms and full bath. New Hot water tank, FHA by gas 2009, Rubber Maid 12x12 shed will remain, parking for two cars off street.  Dead end, close to Flax Pond and bus line. Roof 7/16.  Washer/dryer to remain. No showings until Open House on Sunday 1/26.
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$305
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1880

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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 #72609724)

Price History

Date / Event Date Event Price
Mar 12, 2020 Sold
Premium
Sold
Jan 20, 2020 Listed by Century 21 Tradition $329,900
Listed by Century 21 Tradition
Jun 14, 1996 Sold
Premium
Sold
Apr 9, 1996 Listed by Century 21 Tradition $99,900
Listed by Century 21 Tradition

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • 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: 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: 638
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,181
  • Total Building Area: 1,082
  • Gross Building Area: 1,958
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000050
  • 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: 205200

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:085 B:169 L:023
  • Block: 169
  • Lot: 23
  • Municipality: LYNN
  • Latitude: 42.479
  • Longitude: -70.9484

    Address

  • Full Address: 8 Mapleton Pl
  • Address - House Number: 8
  • Address - Street Name: Mapleton
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2712
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $444,100

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 451,707
  • High Value: 567,635
  • Low Value: 335,779

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $421,700
  • Assessed Land Value: $174,200
  • Assessed Improvements Value: $247,500

    Sales

  • Current Sale Contract Date: Feb 26, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200312001640
  • Previous Sale Recording Date: Jun 14, 1996
  • Previous Sale Amount: $99,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 72609724

Frequently Asked Questions

When was property at 8 Mapleton Place built and last sold?
The property at 8 Mapleton Place was built in 1880 and last sold on Feb 26, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 8 Mapleton Place is $328,654.
What are some comparable homes to 8 Mapleton Place?
There are currently no comparable homes to 8 Mapleton Place.
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