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Lynnfield 01940
12 Fletcher Rd
$850,000
● House - Off Market

12 Fletcher Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,574 Ft²
$896,851
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Priced to move.  Welcome to 12 Fletcher Road Lynnfield!  This updated Wills built home sits on over an acre of land on a residential dead end street.  Modern kitchen features white cabinets, quartz counters, stainless appliances, recessed lighting, and an open concept.  The living room/family room has a cathedral ceiling and lots of windows. A cozy fireplace adds character to the formal dining room and rear windows overlook wooded conservation areas. Primary bedroom has an ensuite bath.  The finished walkout lower level with 3 rooms and the third bath offer additional extended living areas. Big ticket items are done - kitchen, baths, roof, and systems.
Unit Size
2,574 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$330
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1967

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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 #73011309)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Reliance Realty $849,900
Listed by Reliance Realty
Mar 1, 2006 Sold
Premium
Sold
Apr 28, 2005 Listed by Reliance Realty $599,900
Listed by Reliance Realty
Jun 15, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 3
  • Basement Area: 2,574
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,169
  • Total Building Area: 2,574
  • Gross Building Area: 3,652
  • Building Area: 2,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,574
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLETCHER ROAD EXT
  • Land Acres: 0000001221
  • 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:0051 B:0000 L:0521
  • Lot: 521
  • Municipality: LYNNFIELD
  • Latitude: 42.5166
  • Longitude: -71.0169

    Address

  • Full Address: 12 Fletcher Rd
  • Address - House Number: 12
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2224
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $982,400

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,073,932
  • High Value: 1,257,667
  • Low Value: 890,196

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $934,700
  • Assessed Land Value: $617,400
  • Assessed Improvements Value: $317,300

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 281
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Amount: $545,000
  • 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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3532 ft²

Average Home Age

42.7 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: 6 months ago
Data Source: MLS PIN, MLS# 73011309

Frequently Asked Questions

When was property at 12 Fletcher Road built and last sold?
The property at 12 Fletcher Road was built in 1967 and last sold on Sep 9, 2022 for $850,000.
How much is this home worth?
The estimated value of the home located at 12 Fletcher Road is $869,531.
What are some comparable homes to 12 Fletcher Road?
There are currently no comparable homes to 12 Fletcher Road.
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