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Lynn 01902
97 Brookline St
$157,000
● House - Off Market

97 Brookline St

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
982 Ft²
$289,898
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model

About This Property

Short Sale!!! Subject to 3rd party approval. Price not yet approved by lender. Property sold AS IS, where is. Seller makes no warranties or representation regarding the property, its condition or systems. Buyer to pay $5,000 in short sale negotiation fee due at closing. Buyer/Buyer agent responsible to verify all info on this listing is accurate. Buyer is responsible for any and all inspections necessary to complete sale, this includes but not limited to smoke/carbon monoxide certification. This 3 bedroom is in need of some TLC, handyman special. Great investment opportunity, only blocks from the beach and public transportation. No showing till the open house Sunday Dec 9 11:30-1:00.  ALL OFFERS please allow 48 hours for review.
Unit Size
982 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$204
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1910

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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 #72429299)

Price History

Date / Event Date Event Price
Mar 1, 2019 Sold
Premium
Sold
Dec 3, 2018 Listed by Apex Realty Group, LLC $199,990
Listed by Apex Realty Group, LLC
Jul 30, 2001 Sold
Premium
Sold
May 24, 2001 Listed by Apex Realty Group, LLC $179,900
Listed by Apex Realty Group, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 652
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,825
  • Total Building Area: 982
  • Gross Building Area: 2,120
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 982
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY SILSBEE ESTATE
  • Land Acres: 0000000088
  • 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: 206500

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:095 B:532 L:026
  • Block: 532
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.4709
  • Longitude: -70.9306

    Address

  • Full Address: 97 Brookline St
  • Address - House Number: 97
  • Address - Street Name: Brookline
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1809
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 466,021
  • High Value: 539,631
  • Low Value: 392,411

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,900
  • Assessed Land Value: $170,400
  • Assessed Improvements Value: $253,500

    Sales

  • Current Sale Contract Date: Feb 27, 2019
  • Current Sale Recording Date: Mar 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190301002970
  • Previous Sale Recording Date: Jul 30, 2001
  • Previous Sale Amount: $175,000
  • 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:

$598,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2704 ft²

Average Home Age

97.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72429299

Frequently Asked Questions

When was property at 97 Brookline Street built and last sold?
The property at 97 Brookline Street was built in 1910 and last sold on Feb 27, 2019 for $157,000.
How much is this home worth?
The estimated value of the home located at 97 Brookline Street is $208,837.
What are some comparable homes to 97 Brookline Street?
There are currently no comparable homes to 97 Brookline Street.
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