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Lynnfield 01940
12 Bluejay Road
Photo of 12 Bluejay Road
Sold on Dec 10, 2007

1

Map

$230,000
● Land - Off Market

12 Bluejay Road

Lynnfield, MA 01940
bedrooms
Studio
bathrooms
0 Bath
$590,522
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Location, Location, Location!!!! The least expensive wooded buildable lot of land in Lynnfield near Howkes Pond. The lot is located in very desirable, million dollar family neighborhood! Redevelopment opportunity with a full set of approvals/plans by the town of Lynnfield for a 4 bedroom, 3100 sq. ft home. Septic system design is on file. Bring an offer and move into your dream home by the fall....
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$281
HOA Dues
-
Year Built
2008

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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: 4 months ago (MLSPIN #70594654)

Price History

Date / Event Date Event Price
Oct 24, 2008 Sold
Premium
Sold
Jun 18, 2008 Listed $789,900
Listed
Dec 13, 2007 Sold
Premium
Sold
Jun 7, 2007 Listed $299,900
Listed
Jun 21, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,364
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 16,074
  • Total Building Area: 3,132
  • Gross Building Area: 6,200
  • Building Area: 3,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALNUT PARK
  • Land Acres: 0000000369
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0054 B:0000 L:2847
  • Lot: 2847
  • Municipality: LYNNFIELD
  • Latitude: 42.5063
  • Longitude: -71.0265

    Address

  • Full Address: 12 Bluejay Rd
  • Address - House Number: 12
  • Address - Street Name: Bluejay
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 2604
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,264,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,246,333
  • High Value: 1,443,197
  • Low Value: 1,049,469

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,203,200
  • Assessed Land Value: $587,100
  • Assessed Improvements Value: $616,100

    Sales

  • Current Sale Recording Date: Oct 24, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 13, 2007
  • Previous Sale Amount: $230,000
  • 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:

$999,000

Sale Price/ft²

$406

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3895 ft²

Average Home Age

47.6 years

Currently For Sale

20 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# 70594654

Frequently Asked Questions

When was property at 12 Blue Jay Road built and last sold?
The property at 12 Blue Jay Road was built in 2008 and last sold on Jan 1, 1970 for $765,000.
How much is this home worth?
The estimated value of the home located at 12 Blue Jay Road is $815,938.
What are some comparable homes to 12 Blue Jay Road?
There are currently no comparable homes to 12 Blue Jay Road.
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