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Lynnfield 01940
10 Saunders Rd
$715,000
● House - Off Market

10 Saunders Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,513 Ft²
$719,890
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

This 3 Bedroom 2 bath Ranch is located on a beautiful side street with multi million dollar homes just steps away. It sits on a beautiful lot with a large level back yard.Hardwood floors throughout, 2 car garage,new 200 amp electrical, exterior of house painted, new roof and a high end steam shower has recently been added.  The property will need renovations but well worth every dollar spent.Open House 6/24/22 has been cancelled
Unit Size
1,513 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$463
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #72999598)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by RE/MAX On the River, Inc. $699,900
Listed by RE/MAX On the River, Inc.

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,513
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,329
  • Total Building Area: 1,513
  • Gross Building Area: 3,656
  • Building Area: 1,513
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,513
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000352
  • 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:0024 B:0000 L:0192
  • Lot: 192
  • Municipality: LYNNFIELD
  • Latitude: 42.5432
  • Longitude: -71.0489

    Address

  • Full Address: 10 Saunders Rd
  • Address - House Number: 10
  • Address - Street Name: Saunders
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1747
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $795,400

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 847,751
  • High Value: 992,664
  • Low Value: 702,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $756,800
  • Assessed Land Value: $542,500
  • Assessed Improvements Value: $214,300

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220721002460
  • Previous Sale Recording Date: Mar 14, 2014
  • 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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3553 ft²

Average Home Age

49.5 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 72999598

Frequently Asked Questions

When was property at 10 Saunders Road built and last sold?
The property at 10 Saunders Road was built in 1957 and last sold on Jul 20, 2022 for $715,000.
How much is this home worth?
The estimated value of the home located at 10 Saunders Road is $707,424.
What are some comparable homes to 10 Saunders Road?
There are currently no comparable homes to 10 Saunders Road.
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