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Lynnfield 01940
12 Tophet Road
$980,000
● House - Off Market

12 Tophet Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,802 Ft²
$1,017,322
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Back on the market!  A rare opportunity to create your new home in one of Lynnfield's finest neighborhoods.  This elegant Wills built colonial sits on a beautiful landscaped, wooded acre lot.  The main level offers a fireplaced living room and family room, a generously sized eat in kitchen, and formal dining room that overlooks a peaceful and private back yard.  An in-ground gunite pool and two landscaped patios complete a breathtaking family oasis to enjoy.  The second level features 4 bedrooms, including a spacious primary bedroom with walk in closet area and en suite bathroom.  The finished basement includes custom built-in book cases and a cedar closet.  This wonderful home is in need of updates, so bring your ideas and don't miss your chance to be in this premiere location!
Unit Size
3,802 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$258
Property Type
House
Property Taxes
$838
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: 4 months ago (MLSPIN #72927796)

Price History

Date / Event Date Event Price
Mar 2, 2022 Sold
Premium
Sold
Dec 14, 2021 Listed by Homes of New Hampshire Realty, LLC $979,000
Listed by Homes of New Hampshire Realty, LLC
Sep 20, 2002 Sold
Premium
Sold
Jul 16, 2002 Listed by Coldwell Banker Realty - Lynnfield $775,000
Listed by Coldwell Banker Realty - Lynnfield
DESIRABLE APPLE HILL.9 RM BRICK FRT COLONIAL IN MINT CONDITION.UPDATED JENN-AIR KITCH,HDWD FLRS. 2 FIREPLACES & CUSTOM WOODWORK.PICTURE WINDOWS IN DNRM & KITCH OVERLOOKING SPECTACULAR BKYD W/ IG POOL. NEW SEPTIC. SPRINKLER SYSTEM.
Mar 2, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,901
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 41,796
  • Total Building Area: 2,963
  • Gross Building Area: 4,204
  • Building Area: 2,963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,963
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN TOPHEL HILL LY
  • Land Acres: 0000000960
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0015 B:0000 L:1721
  • Lot: 1721
  • Municipality: LYNNFIELD
  • Latitude: 42.5523
  • Longitude: -71.0591

    Address

  • Full Address: 12 Tophet Rd
  • Address - House Number: 12
  • Address - Street Name: Tophet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1625
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,193,100

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,225,601
  • High Value: 1,419,190
  • Low Value: 1,032,012

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,135,200
  • Assessed Land Value: $744,000
  • Assessed Improvements Value: $391,200

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220302002730
  • Previous Sale Recording Date: Mar 02, 1987
  • Previous Sale Amount: $425,000
  • 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:

$999,500

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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72927796

Frequently Asked Questions

When was property at 12 Tophet Road built and last sold?
The property at 12 Tophet Road was built in 1967 and last sold on Mar 2, 2022 for $980,000.
How much is this home worth?
The estimated value of the home located at 12 Tophet Road is $1,019,149.
What are some comparable homes to 12 Tophet Road?
There are currently no comparable homes to 12 Tophet Road.
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