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Lynnfield 01940
1005 Main St
Photo of 1005 Main St
Sold on Jul 22, 2011

1

Map

$440,000
● House - Off Market

1005 Main St

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,464 Ft²
$925,797
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

For the growing family!  8 rooms, 4 bedrooms, 1-1/2 bath.  Updated kitchen w/granite counters, breakfast room and dutch door to the breezeway.  Formal living and dining room.  Finished basement w/fireplaced family room, wet bar & kitchenette.  Hardwood floors throughout.  Maintenance free exterior, tilt out windows, gutter helmet installed, professionally landscaped, fenced in level yard with brick patio.  Below assessed value for quick sale!
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$183
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #71230984)

Price History

Date / Event Date Event Price
Jul 22, 2011 Sold
Premium
Sold
May 10, 2011 Listed by Saldi Realty Associates $449,900
Listed by Saldi Realty Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,632
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,005
  • Total Building Area: 2,480
  • Gross Building Area: 4,240
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WALTER W RAY LYNNFIELD
  • Land Acres: 0000000276
  • 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:0016 B:0000 L:2667
  • Lot: 2667
  • Municipality: LYNNFIELD
  • Latitude: 42.5502
  • Longitude: -71.0416

    Address

  • Full Address: 1005 Main St
  • Address - House Number: 1005
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 1173
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 894,952
  • High Value: 1,045,502
  • Low Value: 744,402

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $852,300
  • Assessed Land Value: $476,100
  • Assessed Improvements Value: $376,200

    Sales

  • Current Sale Recording Date: Jul 22, 2011
  • Current Sale Price:
    Premium
  • 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

$400

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3588 ft²

Average Home Age

49.5 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 71230984

Frequently Asked Questions

When was property at 1005 Main Street built and last sold?
The property at 1005 Main Street was built in 1953 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 1005 Main Street is $481,216.
What are some comparable homes to 1005 Main Street?
There are currently no comparable homes to 1005 Main Street.
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