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Lynnfield 01940
12 Ward Terrace
$430,000
● House - Off Market

12 Ward Terrace

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,772 Ft²
$686,173
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED.  Beautifully maintained sunny & bright 7+ room Colonial offering a fireplace living room, dining room with built-in china cabinet, all applianced kitchen, 1st floor family room with built-ins leading to spacious deck, 3 bedrooms, 1 1/2 baths, lower level playroom and 1 car garage.  Updated heating unit & hot water tank, newer roof with interlocking shingles, tilt-in thermopane windows & fenced in yard with above ground wooden cedar pool.  Dead end street with access to Suntaug Lake.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$243
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1930

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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 #72112492)

Price History

Date / Event Date Event Price
Apr 18, 2017 Sold
Premium
Sold
Jan 26, 2017 Listed by Northrup Associates $429,900
Listed by Northrup Associates
Jun 30, 2000 Sold
Premium
Sold
May 16, 2000 Listed $284,900
Listed
PRIDE OF OWNERSHIP SHOWS THROUGHOUT THIS 8 ROOM 3 BEDROOM COLONIAL. BEAUTIFUL KITCHEN NEWER CABINETS MARBLE FLOOR FORMAL DINING ROOM WITH BUILT IN CHINA CABINET. FENCED IN YARD, OFF STREET PARKING ON A CUL-DE-SAC.
Jun 19, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 624
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 2,029
  • Gross Building Area: 2,412
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARDHURST PARK
  • Land Acres: 0000000138
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0047 B:0000 L:2121
  • Lot: 2121
  • Municipality: LYNNFIELD
  • Latitude: 42.5192
  • Longitude: -71.0002

    Address

  • Full Address: 12 Ward Ter
  • Address - House Number: 12
  • Address - Street Name: Ward
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1427
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,400

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 734,347
  • High Value: 859,875
  • Low Value: 608,819

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,500
  • Assessed Land Value: $367,600
  • Assessed Improvements Value: $237,900

    Sales

  • Current Sale Recording Date: Apr 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 353
  • Previous Sale Recording Date: Jun 19, 2012
  • 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

54

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72112492

Frequently Asked Questions

When was property at 12 Ward Terrace built and last sold?
The property at 12 Ward Terrace was built in 1930 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 12 Ward Terrace is $453,873.
What are some comparable homes to 12 Ward Terrace?
There are currently no comparable homes to 12 Ward Terrace.
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