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Lynnfield 01940
14 Drury Ln
$567,000
● House - Off Market

14 Drury Ln

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,865 Ft²
$1,098,275
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Over-sized 4 bed, 2.5 bath updated multi-level  on .83 acre corner lot with a large private backyard. Located in great family neighborhood in desirable Glen Meadow area.  Other features include central air, hardwood floors, granite wet bar for entertaining, multiple master options, new energy efficient windows throughout (2012), and a new septic tank (2011). Also included are two storage sheds, providing ample space for lawn/snow equipment.
Unit Size
2,865 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$202
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1958

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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 #71571472)

Price History

Date / Event Date Event Price
Oct 21, 2013 Sold
Premium
Sold
Aug 19, 2013 Listed by REX Real Estate $579,000
Listed by REX Real Estate
Jun 24, 2011 Sold
Premium
Sold
Mar 17, 2011 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $429,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Spacious 8 room Multi-Level in Glen Meadow on 36,272 SF setting. This home offers 4 bedrooms, 2 1/2 baths and LL family room w/2,865 SF of living area. Enclosed porch. New roof. Home is in need of updating.
Jul 23, 2010 Listed by REX Real Estate $429,900
Listed by REX Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,821
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,272
  • Total Building Area: 2,287
  • Gross Building Area: 3,548
  • Building Area: 2,287
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,287
  • 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: 0000000833
  • 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:0041 B:0000 L:1284
  • Lot: 1284
  • Municipality: LYNNFIELD
  • Latitude: 42.5252
  • Longitude: -71.0297

    Address

  • Full Address: 14 Drury Ln
  • Address - House Number: 14
  • 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: $892,100

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,021,699
  • High Value: 1,180,437
  • Low Value: 862,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $848,800
  • Assessed Land Value: $547,300
  • Assessed Improvements Value: $301,500

    Sales

  • Current Sale Recording Date: Oct 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 24, 2011
  • Previous Sale Amount: $430,000
  • 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71571472

Frequently Asked Questions

When was property at 14 Drury Lane built and last sold?
The property at 14 Drury Lane was built in 1958 and last sold on Jan 1, 1970 for $567,000.
How much is this home worth?
The estimated value of the home located at 14 Drury Lane is $609,502.
What are some comparable homes to 14 Drury Lane?
There are currently no comparable homes to 14 Drury Lane.
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