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Lynn 01902
89 Empire St
$217,000
● House - Off Market

89 Empire St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,299 Ft²
$458,807
RealtyHop Estimate
111.43%
Since Feb 1, 2010
MA-Boston
Primary Model

About This Property

Approved Short sale looking for a buyer that can close quickly.  House beautiful! Includes living room with new wood floor,two new full tile baths one with shower,the other Jacuzzi style tub and separate shower. Restored oak staircase,hardwood floors,impressive kitchen open to dining room,new counters and floor. Four to five bedrooms; finished room in basement.Closets everywhere,including two master bedroom walk-in's. Large landscaped fenced yard,storage shed.
Unit Size
1,299 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$167
Property Type
House
Property Taxes
$247
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 #70895922)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Oct 16, 2020 Listed by Exit Reliance Realty $449,900
Listed by Exit Reliance Realty
Jan 15, 2010 Sold
Premium
Sold
Mar 31, 2009 Listed by Exit Reliance Realty $217,000
Listed by Exit Reliance Realty
Mar 5, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 858
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,208
  • Total Building Area: 1,299
  • Gross Building Area: 2,430
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • 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:095 B:482 L:028
  • Block: 482
  • Lot: 28
  • Municipality: LYNN
  • Latitude: 42.4744
  • Longitude: -70.9307

    Address

  • Full Address: 89 Empire St
  • Address - House Number: 89
  • Address - Street Name: Empire
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C036
  • 4-Digit Zip Code: 1706
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,500

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 577,661
  • High Value: 683,729
  • Low Value: 471,592

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $520,900
  • Assessed Land Value: $187,700
  • Assessed Improvements Value: $333,200

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201208000520
  • Previous Sale Recording Date: Jan 15, 2010
  • Previous Sale Amount: $217,000
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2528 ft²

Average Home Age

96.4 years

Currently For Sale

162 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# 70895922

Frequently Asked Questions

When was property at 89 Empire Street built and last sold?
The property at 89 Empire Street was built in 1910 and last sold on Dec 3, 2020 for $475,000.
How much is this home worth?
The estimated value of the home located at 89 Empire Street is $446,084.
What are some comparable homes to 89 Empire Street?
There are currently no comparable homes to 89 Empire Street.
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