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Lynn 01902
9 Porter St
$605,000
● House - Off Market

9 Porter St

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,328 Ft²
$593,577
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Looking for Large house that can accommodate your extended family? Can't afford a 2 family? This house might just have all you need! Spacious home features 9 rooms, 5 bedrooms, and 3 1/2 bathrooms spread out over 3 floors of living space located close to EVERYTHING! This beauty was completely renovated few years ago central air conditioning, beautiful hardwood floors, a large open kitchen, half bath on the first floor, large bedrooms, Master bath, two good sized rooms in the finished basement could easy be use as in-law unit. The house includes additional rooms In the walkout basement could be use as in-law unit. Laundry room on the second floor for more convenience. Open house Saturday 12/3 from 11:30 to 1:00 PM, Sunday from 12:00 to 2:00 PM, Monday from 5:30PM 7:00PM, This home has it all.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$257
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1900

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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 #73062510)

Price History

Date / Event Date Event Price
Aug 10, 2023 Sold
Premium
Sold
Dec 20, 2022 In contract -
In contract
Nov 30, 2022 Listed by Century 21 North East $597,897
Listed by Century 21 North East
Feb 18, 2020 Sold
Premium
Sold
Sep 17, 2019 Listed by Century 21 North East $485,000
Listed by Century 21 North East
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 867
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,856
  • Total Building Area: 2,328
  • Gross Building Area: 3,489
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000066
  • 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: R4

Geography

  • Parcel: LYNN M:095 B:480 L:038
  • Block: 480
  • Lot: 38
  • Municipality: LYNN
  • Latitude: 42.4729
  • Longitude: -70.9332

    Address

  • Full Address: 9 Porter St
  • Address - House Number: 9
  • Address - Street Name: Porter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C018
  • 4-Digit Zip Code: 1726
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,100

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 653,012
  • High Value: 772,916
  • Low Value: 533,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,200
  • Assessed Land Value: $165,500
  • Assessed Improvements Value: $417,700

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230810001880
  • Previous Sale Recording Date: Feb 18, 2020
  • Previous Sale Contract Date: Feb 07, 2020
  • Previous Sale Amount: $480,000
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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# 73062510

Frequently Asked Questions

When was property at 9 Porter Street built and last sold?
The property at 9 Porter Street was built in 1900 and last sold on Aug 9, 2023 for $605,000.
How much is this home worth?
The estimated value of the home located at 9 Porter Street is $599,803.
What are some comparable homes to 9 Porter Street?
There are currently no comparable homes to 9 Porter Street.
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