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Lynnfield 01940
1 Ingalls Terrace
Photo of 1 Ingalls Terrace
Sold on Oct 20, 2025

8

Map

Photo of 1 Ingalls Terrace
Photo of 1 Ingalls Terrace
$875,000
● House - Off Market

1 Ingalls Terrace

Lynnfield, MA 01940
bedrooms
5 Beds
bathrooms
3 Baths
square feet
4,271 Ft²
$5,238
Est. Monthly
6.71%
Cap Rate

About This Property

Contractors & Investors! Don't Miss This One! This is the opportunity you've been waiting for! Bring your vision, tools, and creativity to breathe new life into this hidden gem. Whether you're looking for your next flip or personal project, this fixer-upper has unlimited potential. Great location, generous lot size, solid bones – ready for transformation. Opportunities like this don't last long. With the right touch, this could be your next big success story. – This one's ready for a revival!
Unit Size
4,271 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$211
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
1942

Payment Calculator

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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: 12 months ago (MLSPIN #73393981)

Price History

Date / Event Date Event Price
Oct 20, 2025 Sold
Premium
Sold
Jun 26, 2025 In contract -
In contract
Jun 19, 2025 Listed by Real Broker MA, LLC $899,900
Listed by Real Broker MA, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,128
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,473
  • Total Building Area: 4,271
  • Gross Building Area: 4,803
  • Building Area: 4,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,271
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000631
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynnfield School District
  • School Tax School District: LYNNFIELD SD
  • Census Tract: 209100

Zoning

  • Zoning: RA

Geography

  • District: 164
  • Parcel: LYNF M:0053 B:0000 L:0272
  • Lot: 272
  • Municipality: LYNNFIELD
  • Latitude: 42.5156
  • Longitude: -70.9968

    Address

  • Full Address: 1 Ingalls Ter
  • Address - House Number: 1
  • Address - Street Name: Ingalls
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1509
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,190,806
  • High Value: 1,378,899
  • Low Value: 1,002,713

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $846,300
  • Assessed Land Value: $444,900
  • Assessed Improvements Value: $401,400

    Sales

  • Current Sale Recording Date: Jul 13, 2004
  • Current 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 Lynnfield

Stats & Trends

Median Asking:

$999,995

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3715 ft²

Average Home Age

47.9 years

Currently For Sale

23 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

Click here to view more rentals in the neighborhood.
Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 73393981

Frequently Asked Questions

When was property at 1 Ingalls Terrace built and last sold?
The property at 1 Ingalls Terrace was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Ingalls Terrace is $0.
What are some comparable homes to 1 Ingalls Terrace?
There are currently no comparable homes to 1 Ingalls Terrace.
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