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Lynn 01905
96 Laurel St
$400,000
● House - Off Market

96 Laurel St

Lynn, MA 01905
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,855 Ft²
$562,324
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Saugus Line! Large Family Home! 12 Rooms, 5 Bedrooms and 3 Full Baths in Move-In Condition!  Remodeled Kitchen in 2011 with Stainless Steel Appliances and Built-In Microwave.  Open Concept First Floor With Formal Dining/Living Area. First Floor Laundry Room. All News Windows and Recessed Lighting. Finished Basement with Walk-Out Exterior Access. Brand New Roof Less Than 5 Years Old. 30 Years Warranty. Gas FHW Baseboard and 200 Amp Electricity just redone 3 Years Ago. Immense 7,000+ sq.ft. Yard. Perfect to play a mini-soccer tournament for this year's World Cup! Beautiful Patio for Warm Barbecue and Shed for Great Storage. Close to Transportation, Schools and Shopping! Great Value!
Unit Size
1,855 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$205
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1915

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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 #72355530)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Jul 1, 2018 Listed by Toner Real Estate, LLC $379,900
Listed by Toner Real Estate, LLC
Jun 28, 2002 Sold
Premium
Sold
May 14, 2001 Listed by RE/MAX Advantage Real Estate $228,000
Listed by RE/MAX Advantage Real Estate
OVERSIZED COLONIAL ON LARGE LEVEL LOT.BACKS UP TO BARRY PARK 10+ ROOMS(COULD BE 5 BRS),NEW CARPETS,UPDATED BATH,FORMAL DR NEWER HEAT & ROOF. AGENTS MUST ACCOMPANY BUYERS TO RECEIVE COMPENSATION

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 742
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,438
  • Total Building Area: 1,855
  • Gross Building Area: 3,112
  • Building Area: 1,855
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,855
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 205800

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:020 B:285 L:068
  • Block: 285
  • Lot: 68
  • Municipality: LYNN
  • Latitude: 42.4602
  • Longitude: -70.9757

    Address

  • Full Address: 96 Laurel St
  • Address - House Number: 96
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C006
  • 4-Digit Zip Code: 2041
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,900

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 614,669
  • High Value: 720,007
  • Low Value: 509,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,900
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $329,000

    Sales

  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180910004750
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72355530

Frequently Asked Questions

When was property at 96 Laurel Street built and last sold?
The property at 96 Laurel Street was built in 1915 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 96 Laurel Street is $385,323.
What are some comparable homes to 96 Laurel Street?
There are currently no comparable homes to 96 Laurel Street.
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