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$193,500
● Condo - Off Market

9-11 Brook St #9

Lynn, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,356 Ft²
$354,328
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

An amazing opportunity for owner-occupied or investor to own this young (only 28 years old) half duplex with no condo fees! This 4 bedrooms, 2 full bath townhouse features plenty of natural sunlight ~ finished basement ~ eat-in kitchen ~ washer/dryer hookup and new deck. Minutes to train station and new middle school (expected completion 2016).
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$145
Property Type
Condo
Property Taxes
$194
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71789725)

Price History

Date / Event Date Event Price
Apr 17, 2015 Sold
Premium
Sold
Feb 4, 2015 Listed by Coldwell Banker Realty - Lynnfield $196,000
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Parking Available
Interior Details
Level: First
Level: First
Level: Basement
Level: First
Level: Basement
Level: First
Level: Basement
Full Bathrooms: 2
Appliances: Range, Refrigerator, Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Vinyl, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 8
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Duplex
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Stone
Patio and Porch Features: Deck - Wood
Lead Paint: None
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: R1
Parcel Number: 2000512
Water Source: Public
Financial Details
Tax Assessed Value: $138,700
Tax Annual Amount: $2,323
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Public School
Pets Allowed: Yes
Complex is Completed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71789725
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