Overview Property Details Payment Calculator Walkability

Closed

629 Boston St, Lynn MA 01905

$699,900

Estimated $1,787.88/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 20400/year

Estimated CAP Rate: 1.80%

4 Bedrooms

2 Full Baths

2,342 SqFt

Total Parking: 6

5,323 SqFt

Investors and owner occupants take notice! Here is your opportunity to own this meticulously maintained, pride of ownership two family home. This four bedroom, two bath, recently updated home is one you do not want to miss. From hardwood floors to newer windows, roof, heatin...

This home has been viewed 24 times

Last Checked: May 7th, 2024 at 12:16am (Source: MLS PIN #73071414)

Gross Income: $20,400

Gross Expenses: $7,836

Net Income Calc: $12,564

CAP Rate: 1.80%

Annual Expenses for 629 Boston St, Lynn MA 01905

Total Gross Expenses (Calculated)$7,836/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,836

Annual Income & Unit Breakdown for 629 Boston St, Lynn MA 01905

Total Gross Income (Calculated)$20,400

Unit 1

Rental Income$1,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 629 Boston St, Lynn MA 01905

Listing ID73071414

Property TypeMulti Family

Price$699,900 ($298.85/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,342 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking6

Garage Parking

Year Built1927

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Unknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 629 Boston St, Lynn MA 01905

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$20,400

Total Net Income By Broker$20,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 629 Boston St, Lynn MA 01905

Real Estate Taxes$7,836

Tax Year2023

Assessed Value$702,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$20,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$20,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.80%

Location Information for 629 Boston St, Lynn MA 01905

Elementary SchoolLincoln

Middle SchoolBreed

High SchoolClassical

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Public Transportation, Private School

Contact Information for 629 Boston St, Lynn MA 01905

Agent

Name: Danielle Cheever

MLS ID: CN240840

Office ID: AN6886

National Association ID: 454008479

Address: 378 Ipswich Road

City: Boxford

State: MA

Zip: 01921

Office

Name: RE/MAX 360

MLS Office ID: AN4305

Phone: 781-593-7611

Payment Calculator

$4,965.56 per month

30 Years Fixed, 6.75% Interest

Property Taxes $653.00

Principal & Interest $4,312.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX 360

Danielle Cheever

Agent Phone

Office Phone

(781) 593-7611

Text Agent Call Agent Call Office

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EXIT