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Lynnfield 01940
14 Grey Lane
Photo of 14 Grey Lane
Sold on Sep 30, 2005

1

Map

$807,000
● House - Off Market

14 Grey Lane

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths
$1,433,088
RealtyHop Estimate
75.84%
Since Oct 1, 2005
MA-Boston
Primary Model

About This Property

PRIME LOCATION "KING JAMES GRANT" CORNER LOT. FOUR BEDROOMS, 3 FULL BATHS, LARGE DECK IN THE BACK OF THE HOUSE. ATTACHED TWO CAR GARAGE. HOUSE ALMOST TOTALLY RE-DONE WITH A GORGEOUS MAPLE KITCHEN WITH GRANITE COUNTERS, ALL NEW APPLIANCES. FIRST FLOOR LAUNDRY, NEW WINDOWS.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (MLSPIN #70230825)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Sep 4, 2020 Listed $819,900
Listed
Sep 30, 2005 Sold
Premium
Sold
Jul 22, 2005 Listed $815,000
Listed
Jul 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 7
  • Basement Area: 1,155
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 2,834
  • Gross Building Area: 4,156
  • Building Area: 2,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KING JAMES GRANTS LYNNFIELD
  • Land Acres: 0000000918
  • 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:0025 B:0000 L:0512
  • Lot: 512
  • Municipality: LYNNFIELD
  • Latitude: 42.544
  • Longitude: -71.0298

    Address

  • Full Address: 14 Grey Ln
  • Address - House Number: 14
  • Address - Street Name: Grey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1061
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,160,000

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,084,365
  • High Value: 1,269,602
  • Low Value: 899,128

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,103,700
  • Assessed Land Value: $743,600
  • Assessed Improvements Value: $360,100

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201221009580
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Amount: $807,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

56

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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70230825

Frequently Asked Questions

When was property at 14 Grey Lane built and last sold?
The property at 14 Grey Lane was built in 1965 and last sold on Dec 21, 2020 for $850,000.
How much is this home worth?
The estimated value of the home located at 14 Grey Lane is $847,579.
What are some comparable homes to 14 Grey Lane?
There are currently no comparable homes to 14 Grey Lane.
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