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38-40 Herschel St

Lynn, MA 01902

5 bd 3 ba 2,638 sqft Built 1910 Lot 6,098 sqft multi_family
Most recent sale
$820,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $820,000 MLS #73007279
Jul 5, 2022 Listed $795,000 MLS #73007279

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1910
Property type
multi_family
Stories
5
Beds
5
Baths
3
Living area
2,638 sqft
Lot size
6,098 sqft
ZIP code
01902
City
Lynn
Street
Herschel St
Coordinates
42.47805, -70.93031

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,650
Gross rental yield
11.20%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 38-40 Herschel St last sell?
38-40 Herschel St most recently sold on Sep 8, 2022 for $820,000.
What is the current tax assessment for 38-40 Herschel St?
No tax-assessment history is recorded for this parcel.
When was 38-40 Herschel St built?
38-40 Herschel St was built in 1910.
How does 38-40 Herschel St compare to others on Herschel St?
We track 8 other properties on Herschel St. Browse the list under "Other properties on Herschel St" to compare beds, baths, and sale history.
What are the property facts for 38-40 Herschel St?
38-40 Herschel St is a 5 bed, 3 bath, 2,638 sqft, 6,098 sqft lot multi_family.
Is 38-40 Herschel St a flip candidate?
No — 38-40 Herschel St does not appear in our flips dataset.
Is 38-40 Herschel St a tax-appeal candidate?
No — 38-40 Herschel St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-7.3%
Implied 1-yr
-29.1%
2026 Q1
$258.1K
2026 Q2
$222.5K
ZIP 01902 — Median Price History + Forecast

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