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Lynn 01902
9 Chapman Pl
$315,000
● House - Off Market

9 Chapman Pl

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,851 Ft²
$529,994
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

MOTIVATED SELLER!!!...Don't miss out on this large renovated home...nothing to do but move-in! Property offers 4-5 good size bedrooms with living room, dining room with access to the rear deck and brand new kitchen with new stainless steal appliances and granite counter top. This property also offers 2 full baths and hardwood floors throughout.
Unit Size
1,851 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$170
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1880

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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 #71953189)

Price History

Date / Event Date Event Price
May 13, 2016 Sold
Premium
Sold
Jan 28, 2016 Listed by Tremont Realty Group, LLC $315,000
Listed by Tremont Realty Group, LLC
Jan 15, 2015 Sold
Premium
Sold
Oct 22, 2014 Listed by Tremont Realty Group, LLC $154,900
Listed by Tremont Realty Group, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,680
  • Total Building Area: 1,898
  • Gross Building Area: 3,288
  • Building Area: 1,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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: 206700

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:094 B:519 L:048
  • Block: 519
  • Lot: 48
  • Municipality: LYNN
  • Latitude: 42.466
  • Longitude: -70.9343

    Address

  • Full Address: 9 Chapman Pl
  • Address - House Number: 9
  • Address - Street Name: Chapman
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 2401
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $562,400

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 582,677
  • High Value: 721,982
  • Low Value: 443,373

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,100
  • Assessed Land Value: $167,200
  • Assessed Improvements Value: $366,900

    Sales

  • Current Sale Recording Date: May 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 379
  • Previous Sale Recording Date: Jan 15, 2015
  • Previous Sale Amount: $145,000
  • 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:

$597,900

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 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# 71953189

Frequently Asked Questions

When was property at 9 Chapman Place built and last sold?
The property at 9 Chapman Place was built in 1880 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 9 Chapman Place is $315,826.
What are some comparable homes to 9 Chapman Place?
There are currently no comparable homes to 9 Chapman Place.
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