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Lynn 01905
8 North Ames Street
$215,000
● House - Off Market

8 North Ames Street

Lynn, MA 01905
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,236 Ft²
$470,114
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

Need a lot of room? Have a large family?... Then this is the house for you!! 6+ Bedrooms 3 Bathrooms!! Fenced in Yard!! Deck off of kitchen, 3 season porch off of dining room!! Plenty of parking... Two car garage with electric eye openers!! Vinyl siding and newer windows and newer roof !   TAKE ADVANTAGE OF THE HOMEBUYERS TAX CREDIT UP TO $8,000.00
Unit Size
2,236 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$102
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1920

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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 #70982095)

Price History

Date / Event Date Event Price
May 3, 2010 Sold
Premium
Sold
Sep 29, 2009 Listed by A. James Lynch, Inc. $229,000
Listed by A. James Lynch, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,250
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,789
  • Total Building Area: 2,237
  • Gross Building Area: 4,205
  • Building Area: 2,237
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,237
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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:021 B:293 L:015
  • Block: 293
  • Lot: 15
  • Municipality: LYNN
  • Latitude: 42.4606
  • Longitude: -70.9792

    Address

  • Full Address: 8 N Ames St
  • Address - House Number: 8
  • Street Direction: N
  • Address - Street Name: Ames
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1957
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,100

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 662,885
  • High Value: 789,424
  • Low Value: 536,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,400
  • Assessed Land Value: $200,800
  • Assessed Improvements Value: $377,600

    Sales

  • Current Sale Recording Date: May 03, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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# 70982095

Frequently Asked Questions

When was property at 8 North Ames Street built and last sold?
The property at 8 North Ames Street was built in 1920 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 8 North Ames Street is $230,377.
What are some comparable homes to 8 North Ames Street?
There are currently no comparable homes to 8 North Ames Street.
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