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Lynnfield 01940
1 Thwing Rd
$499,000
● House - Off Market

1 Thwing Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,891 Ft²
$905,742
RealtyHop Estimate
81.51%
Since Jul 1, 2014
MA-Boston
Primary Model

About This Property

Completely remodeled home that has preserved its mid-century character. Upgrades include new Kraftmaid kitchen, BOSCH appliances, new high efficiency furnace/AC, new roof, 2 brand new bathrooms and one remodeled. The basement was finished to accommodate the needs of a young family including a den that can be used as guest bedroom, a craftsroom and a playroom. Also this house has an excellent size fenced yard with a concrete title patio. Pre-approved buyer's agent 2% commission.
Unit Size
1,891 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$264
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #71651175)

Price History

Date / Event Date Event Price
Jun 6, 2014 Sold
Premium
Sold
Mar 28, 2014 Listed by New Year Realty $499,000
Listed by New Year Realty
Aug 2, 2011 Sold
Premium
Sold
Mar 4, 2011 Listed by New Year Realty $309,900
Listed by New Year Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,191
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,829
  • Total Building Area: 1,608
  • Gross Building Area: 2,410
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD
  • Land Acres: 0000000249
  • 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: 209200

Zoning

  • Zoning: RA

Geography

  • District: 164
  • Parcel: LYNF M:0020 B:0000 L:2369
  • Lot: 2369
  • Municipality: LYNNFIELD
  • Latitude: 42.5448
  • Longitude: -71.047

    Address

  • Full Address: 1 Thwing Rd
  • Address - House Number: 1
  • Address - Street Name: Thwing
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1734
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 863,409
  • High Value: 1,010,369
  • Low Value: 716,449

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,400
  • Assessed Land Value: $523,000
  • Assessed Improvements Value: $210,400

    Sales

  • Current Sale Recording Date: Jun 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60600175
  • Previous Sale Recording Date: Aug 02, 2011
  • Previous Sale Amount: $300,000
  • Previous 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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3561 ft²

Average Home Age

40.1 years

Currently For Sale

18 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71651175

Frequently Asked Questions

When was property at 1 Thwing Road built and last sold?
The property at 1 Thwing Road was built in 1958 and last sold on Jan 1, 1970 for $499,000.
How much is this home worth?
The estimated value of the home located at 1 Thwing Road is $523,062.
What are some comparable homes to 1 Thwing Road?
There are currently no comparable homes to 1 Thwing Road.
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