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Lynn 01902
86 Clark St
$515,000
● House - Off Market

86 Clark St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$467,511
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Come see this one owner adorable 3 Bedroom 2 Bath Ranch situated on a long-time family neighborhood side street, location. Property has Hardwood floors, central air, central vac, an updated Bath and Kitchen from 2010 including granite counters and Stainless appliances that all remain with house!  Laundry conveniently located on the first floor as well as an additional hookup in the lower level. The finished lower level was previously used as an in-law and though it needs some sprucing up it adds lots of extra living space plus a separate walkout to a beautiful back yard. Property is ready for immediate occupancy.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$346
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1964

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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 #72943370)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by RE/MAX On the River, Inc. $449,900
Listed by RE/MAX On the River, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 840
  • Gross Building Area: 1,864
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:106 B:417 L:021
  • Block: 417
  • Lot: 21
  • Municipality: LYNN
  • Latitude: 42.4801
  • Longitude: -70.9307

    Address

  • Full Address: 86 Clark St
  • Address - House Number: 86
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C035
  • 4-Digit Zip Code: 1101
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $465,700

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 492,923
  • High Value: 583,433
  • Low Value: 402,414

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,300
  • Assessed Land Value: $192,900
  • Assessed Improvements Value: $249,400

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220330003930
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

2704 ft²

Average Home Age

97.1 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# 72943370

Frequently Asked Questions

When was property at 86 Clark Street built and last sold?
The property at 86 Clark Street was built in 1964 and last sold on Mar 30, 2022 for $515,000.
How much is this home worth?
The estimated value of the home located at 86 Clark Street is $463,167.
What are some comparable homes to 86 Clark Street?
There are currently no comparable homes to 86 Clark Street.
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