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Lynnfield 01940
1381 Main St
Photo of 1381 Main St

1

Map

$459,999
● House - Off Market

1381 Main St

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,439 Ft²
$2,749
Est. Monthly

About This Property

Sit on the Screen Porch and enjoy the privacy of this gorgeous lot.  Three bedroom , 2 bath ranch offers hardwood floors throughout,  spacious newer kitchen with corian counters and lots of sunshine.  All new shingled maintenance free exterior, underground sprinklers and private well.  Fireplaced living room opens onto 3 season screened porch with additional composite deck overlooking the grounds. Set far back from the street with a front porch
Unit Size
1,439 Ft²
Days on Market
-
Land Size
-
Price per sqft
$320
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1951

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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: 13 days ago (MLSPIN #71245401)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
May 7, 2013 Listed by Northrup Associates $449,900
Listed by Northrup Associates
Jun 8, 2011 Listed by Northrup Associates $459,999
Listed by Northrup Associates
Oct 1, 1997 Sold
Premium
Sold
Jun 12, 1997 Listed by Northrup Associates $226,900
Listed by Northrup Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,344
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,351
  • Total Building Area: 1,439
  • Gross Building Area: 3,174
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001523
  • 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: RD

Geography

  • District: 164
  • Parcel: LYNF M:0008 B:0000 L:2186
  • Lot: 2186
  • Municipality: LYNNFIELD
  • Latitude: 42.5621
  • Longitude: -71.038

    Address

  • Full Address: 1381 Main St
  • Address - House Number: 1381
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1033
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $873,900

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 930,822
  • High Value: 1,075,572
  • Low Value: 786,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $831,500
  • Assessed Land Value: $614,900
  • Assessed Improvements Value: $216,600

    Sales

  • Current Sale Recording Date: Jul 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 817
  • Previous Sale Recording Date: Oct 01, 1997
  • Previous Sale Amount: $224,900
  • 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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

41.7 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

Rentals Near You

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Last Updated: 13 days ago
Data Source: MLS PIN, MLS# 71245401

Frequently Asked Questions

When was property at 1381 Main Street built and last sold?
The property at 1381 Main Street was built in 1951 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 1381 Main Street is $456,903.
What are some comparable homes to 1381 Main Street?
There are currently no comparable homes to 1381 Main Street.
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