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Lynn 01904
8 William St
$525,000
● House - Off Market

8 William St

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,220 Ft²
$519,416
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Move right in to this centrally located 3 or 4 bedroom, 1.5 bath Colonial with over 1,200 sqft of living space. Large kitchen and dining area to enjoy with family and friends. Home has vinyl siding, updated windows and solar panels. Fenced in yard with patio, and large storage shed. Still time for those summer BBQ's.  Located on a quiet street in Ward One, Wyoma area, but close to amenities, schools parks, restaurants.  This charming home is a great opportunity for 1st time homebuyers, looking to live the American Dream.  Don't let this property pass you by. Showings to begin Thursday open house from 5:00-6:30pm. Saturday & Sunday from 12:00-1:30 pm.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$430
Property Type
House
Property Taxes
$389
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: 4 months ago (MLSPIN #73140855)

Price History

Date / Event Date Event Price
Sep 13, 2023 Sold
Premium
Sold
Aug 3, 2023 In contract -
In contract
Jul 26, 2023 Listed by William Raveis R.E. & Home Services $524,900
Listed by William Raveis R.E. & Home Services
Dec 14, 2017 Sold
Premium
Sold
Oct 25, 2017 Listed by William Raveis R.E. & Home Services $324,900
Listed by William Raveis R.E. & Home Services
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 578
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,390
  • Total Building Area: 1,058
  • Gross Building Area: 1,821
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: R1

Geography

  • Parcel: LYNN M:073 B:194 L:033
  • Block: 194
  • Lot: 33
  • Municipality: LYNN
  • Latitude: 42.4827
  • Longitude: -70.9593

    Address

  • Full Address: 8 William St
  • Address - House Number: 8
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2521
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $478,700

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 539,022
  • High Value: 632,150
  • Low Value: 445,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,600
  • Assessed Land Value: $190,400
  • Assessed Improvements Value: $264,200

    Sales

  • Current Sale Contract Date: Sep 13, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230913001430
  • Previous Sale Recording Date: Dec 14, 2017
  • Previous Sale Amount: $320,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73140855

Frequently Asked Questions

When was property at 8 William Street built and last sold?
The property at 8 William Street was built in 1910 and last sold on Sep 13, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 8 William Street is $519,202.
What are some comparable homes to 8 William Street?
There are currently no comparable homes to 8 William Street.
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