Property profile

196-200 Franklin St Sta A Lynn, MA 01904

OFF-MARKET
Commercial real estate
Property ID
US38-1082764
2,193 SF 0.18 ac lot Built 1920
Trust Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1920
Construction FRAME
Total area 2,193 SF
Lot 0.18 ac (7,752 SF)
Zoning code R4
APN LYNN M:054 B:258 L:015 S:001
UPID US38-1082764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

196-200 Franklin St Sta, Unit A Lynn, MA 01904
Lynn metro Census 206000 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2013
Price N/A
2010
Price N/A
1993
$80,000
1993
Price N/A
1988
Price N/A

Zoning & alternative use

R4 · Lynn, MA
Zoning description

The intent of this zone is to promote high density residential uses.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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