Phillip Napolitano
StartPoint Realty
(781) 731-1473
14 Total Sales
1 in Agganis AC
$407,000 Price
28-34 Laighton St Lynn, MA 01902
Agganis AC Neighborhood
12
Beds
6
Baths
4,998
Sq Ft
4,063
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Covered Patio or Porch
- Property is near public transit
- Corner Lot
- 4-minute walk to Henry Avenue Park
About This Home
As of August 2022Investors take notice of this steady cash flow property that is well maintained! NOI is 97K with room to grow in proforma. This nice sized 6 Units consist of 24 Rooms 12 Bedrooms 6 Bathrooms. Upgraded kitchen, bathrooms, and hardwood floors throughout. Low owner expenses as all utilities are separately metered. Ample off-street parking makes tenants very happy during snow emergencies. Basement level coin-op laundry. Updated heating and water systems. Conveniently located to public transportation and downtown Lynn. Clean basement. Property stays maintained and clean with a property manager on site who is extremely trustworthy and productive with taking care of odds and ends that need done.
Last Agent to Sell the Property
John Wellington
North Shore Realty Advisors Listed on: 06/24/2022
Last Buyer's Agent
John Zhang
Fairview Partners International LLC
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,140
Year Built
- Built in 1890
Lot Details
- 4,063 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Tar and Gravel Roof
Interior Spaces
- 4,998 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 6 Car Parking Spaces
- Driveway
- On-Street Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Additional Features
- Property is near public transit
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $7,125
- Assessor Parcel Number 2003931
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Coin Laundry
Building Details
- Electric Expense $1,080
- Insurance Expense $5,040
- Water Sewer Expense $6,000
- Operating Expense $28,680
- Net Operating Income $97,620
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 31, 2022
Sold by
Bought by
Seller's Agent
John Wellington
North Shore Realty Advisors
Buyer's Agent
John Zhang
Fairview Partners International LLC
List Price
$1,550,000
Sold Price
$1,490,000
Premium/Discount to List
-$60,000
-3.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$821,687
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 18, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.97%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Agganis AC, MA
-
Phillip Napolitano
-
Eugene Clements
Eugene Clements
Clements Realty Group
(351) 666-8361
46 Total Sales
1 in Agganis AC
$750,000 Price
-
Nicholas Newhall
Nicholas Newhall
Real Estate by Hughes & Assoc. Inc.
(781) 537-0925
30 Total Sales
1 in Agganis AC
$395,000 Price
-
Lucy Cordero
Lucy Cordero
KW Legacy Partners
(413) 287-7815
114 Total Sales
1 in Agganis AC
$430,000 Price
-
Bob Raiche
Bob Raiche
LAER Realty Partners
(781) 776-5710
63 Total Sales
1 in Agganis AC
$575,000 Price
-
Kattia Ira
Kattia Ira
Thumbprint Realty, LLC
(781) 574-8942
115 Total Sales
1 in Agganis AC
$815,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,490,000 | None Available | ||
| $1,250,000 | None Available | ||
| $490,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $870,000 | ||
| Previous Owner | $950,000 | ||
| Previous Owner | $850,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $492,000 | ||
| Previous Owner | $75,000 | ||
| Previous Owner | $339,000 | ||
| Previous Owner | $75,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $1,490,000 | -3.9% | $298 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $1,550,000 | -- | $310 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,692 | $1,321,600 | $191,600 | $1,130,000 |
| 2024 | $13,623 | $1,293,700 | $184,800 | $1,108,900 |
| 2023 | $11,764 | $1,055,100 | $145,600 | $909,500 |
| 2022 | $11,140 | $896,200 | $131,600 | $764,600 |
| 2021 | $10,745 | $824,600 | $116,700 | $707,900 |
| 2020 | $10,309 | $769,300 | $109,900 | $659,400 |
| 2019 | $9,016 | $630,500 | $92,800 | $537,700 |
| 2018 | $8,502 | $561,200 | $92,000 | $469,200 |
| 2017 | $6,836 | $438,200 | $80,900 | $357,300 |
| 2016 | $6,029 | $372,600 | $60,900 | $311,700 |
| 2015 | $5,166 | $308,400 | $57,900 | $250,500 |
Source: Public Records
Agents Affiliated with this Home
-
JW
Seller's Agent in 2022
John Wellington
North Shore Realty Advisors
-
Jake VanMeter
Seller Co-Listing Agent in 2022
Jake VanMeter
The Drumlin Group Inc.
(781) 854-1037
2 in this area
24 Total Sales
-
JZ
Buyer's Agent in 2022
John Zhang
Fairview Partners International LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73003554
APN: LYNN M:070 B:653 L:014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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