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Lynnfield 01940
12 Drury Ln
Photo of 12 Drury Ln
Sold on Oct 15, 2010

1

Map

$540,000
● House - Off Market

12 Drury Ln

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,490 Ft²
$1,152,465
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Picture perfect home in highly desirable neighborhood. This spacious abode boasts over 2400 sq ft. of living and entertaining area with 3 bed and 3 full baths.  Beautifully updated kitchen, family room with fireplace, sitting room and additional family space in a finished basement.  An outstanding master bedroom.  Home has an open feel with an abundance of light. Very private yard features a deck with a pool. Meticulously maintained with many improvements and updates.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$221
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1954

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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: 12 months ago (MLSPIN #71122586)

Price History

Date / Event Date Event Price
Oct 15, 2010 Sold
Premium
Sold
Aug 11, 2010 Listed by Millennium Real Estate, Inc. $549,900
Listed by Millennium Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,125
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,402
  • Total Building Area: 2,456
  • Gross Building Area: 3,205
  • Building Area: 2,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,456
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN MDW PARK SEC 04
  • Land Acres: 0000000399
  • 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: RA1

Geography

  • District: 164
  • Parcel: LYNF M:0041 B:0000 L:1911
  • Lot: 1911
  • Municipality: LYNNFIELD
  • Latitude: 42.5249
  • Longitude: -71.0301

    Address

  • Full Address: 12 Drury Ln
  • Address - House Number: 12
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2112
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $914,900

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 992,040
  • High Value: 1,159,719
  • Low Value: 824,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $870,500
  • Assessed Land Value: $543,000
  • Assessed Improvements Value: $327,500

    Sales

  • Current Sale Recording Date: Oct 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 30, 2008
  • 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

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3633 ft²

Average Home Age

50.6 years

Currently For Sale

24 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

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Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 71122586

Frequently Asked Questions

When was property at 12 Drury Lane built and last sold?
The property at 12 Drury Lane was built in 1954 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 12 Drury Lane is $0.
What are some comparable homes to 12 Drury Lane?
There are currently no comparable homes to 12 Drury Lane.
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