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Lynn 01905
91 Laurel Street
$389,000
● House - Off Market

91 Laurel Street

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$581,005
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Welcome to this nicely updated and absolutely well cared for sunny home. Hardwood floors carry throughout the stunning 1st-floor level. Open flow living room, dining room into the kitchen with beautiful oak cabinets and stainless steel appliances. This home features 7 rooms with 3+ bedrooms & full bath on the first floor. An additional living area in the basement which includes an in-law suite with a full bath, large family/playroom, handyman workshop, laundry area & separate exterior entrance. Newer gas high-efficiency heating system, whole house water filter, updated electrical, updated plumbing. Storage shed and fenced in yard on the quiet side street. A huge potential to finish the large attic. Move in ready! Can close and deliver vacant immediately!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$195
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1924

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72421037)

Price History

Date / Event Date Event Price
Dec 20, 2018 Sold
Premium
Sold
Nov 7, 2018 Listed by AdoEma Realty, LLC $389,000
Listed by AdoEma Realty, LLC
Dec 26, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,028
  • Total Building Area: 1,140
  • Gross Building Area: 3,544
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 205700

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:020 B:288 L:026
  • Block: 288
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.4603
  • Longitude: -70.9761

    Address

  • Full Address: 91 Laurel St
  • Address - House Number: 91
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 2040
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,800

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 606,027
  • High Value: 713,671
  • Low Value: 498,383

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,700
  • Assessed Land Value: $191,400
  • Assessed Improvements Value: $376,300

    Sales

  • Current Sale Contract Date: Dec 19, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181220001880
  • Previous Sale Recording Date: Dec 26, 2001
  • Previous Sale Amount: $139,900
  • 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

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72421037

Frequently Asked Questions

When was property at 91 Laurel Street built and last sold?
The property at 91 Laurel Street was built in 1924 and last sold on Dec 19, 2018 for $394,000.
How much is this home worth?
The estimated value of the home located at 91 Laurel Street is $413,490.
What are some comparable homes to 91 Laurel Street?
There are currently no comparable homes to 91 Laurel Street.
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