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Lynn 01902
81 Laighton St
$249,900
● House - Off Market

81 Laighton St

Lynn, MA 01902
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,240 Ft²
$336,993
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Opportunity awaits the next owner of this property.   Townhouse style unit with good sized kitchen that opens to dining area and living room and 1/2 bath on first floor.   2 bedrooms and 1 full bath with tub and shower.. The lot is fenced and has 2-3 car parking.  Close to public transportation, commuter rail, Lynn and Nahant Beaches and Lynn's thriving downtown area.  Duplex or townhouse style unit with NO condo fee or common expenses. PLEASE REVIEW INCOME and DEED RESTRICTIONS see attached forms. Completed APPLICATION and Pre Approval letter required to confirm appointments - See remarks for offer instructions.Showings only Tuesday 5/26  OFFERS due Wed. at 5pm Please allow 7 business day response time.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$202
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72660266)

Price History

Date / Event Date Event Price
Jul 28, 2020 Sold
Premium
Sold
May 22, 2020 Listed by Century 21 Tradition $249,900
Listed by Century 21 Tradition
May 26, 2005 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 620
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,948
  • Total Building Area: 1,240
  • Gross Building Area: 2,056
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000068
  • 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: 205500

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:070 B:648 L:033
  • Block: 648
  • Lot: 33
  • Municipality: LYNN
  • Latitude: 42.4685
  • Longitude: -70.9556

    Address

  • Full Address: 81 Laighton St
  • Address - House Number: 81
  • Address - Street Name: Laighton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C019
  • 4-Digit Zip Code: 4022
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,500

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 471,217
  • High Value: 560,469
  • Low Value: 381,966

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,100
  • Assessed Land Value: $178,700
  • Assessed Improvements Value: $224,400

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200728001920
  • Previous Sale Recording Date: May 26, 2005
  • Previous Sale Amount: $155,000
  • 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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2489 ft²

Average Home Age

98 years

Currently For Sale

155 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72660266

Frequently Asked Questions

When was property at 81 Laighton Street built and last sold?
The property at 81 Laighton Street was built in 2005 and last sold on Jul 13, 2020 for $249,900.
How much is this home worth?
The estimated value of the home located at 81 Laighton Street is $263,001.
What are some comparable homes to 81 Laighton Street?
There are currently no comparable homes to 81 Laighton Street.
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