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Lynnfield 01940
15 Carter Rd
$420,000
● House - Off Market

15 Carter Rd

Lynnfield, MA 01940
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,145 Ft²
$854,835
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Move right into this sunny and bright home within walking distance of Lynnfield Center.  Well-maintained with beautiful hardwood floors, two fireplaces, updated bathroom, refinished cabinets, a newer roof and septic system, security system, irrigation system, and central air conditioning.  Fully finished basement features a custom-built maple wet bar, beautiful stone fireplace, half bath, office, and family room!
Unit Size
1,145 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$384
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1951

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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: 4 months ago (MLSPIN #71494915)

Price History

Date / Event Date Event Price
May 16, 2013 Sold
Premium
Sold
Mar 17, 2013 Listed by Geary Realty $439,900
Listed by Geary Realty
May 15, 2008 Sold
Premium
Sold
Feb 19, 2008 Listed by Geary Realty $414,000
Listed by Geary Realty
May 13, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,374
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,411
  • Total Building Area: 1,374
  • Gross Building Area: 2,260
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,374
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD CENTER
  • Land Acres: 0000000239
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0024 B:0000 L:1615
  • Lot: 1615
  • Municipality: LYNNFIELD
  • Latitude: 42.5412
  • Longitude: -71.0484

    Address

  • Full Address: 15 Carter Rd
  • Address - House Number: 15
  • Address - Street Name: Carter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1713
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $734,200

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 832,722
  • High Value: 974,918
  • Low Value: 690,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $698,600
  • Assessed Land Value: $521,000
  • Assessed Improvements Value: $177,600

    Sales

  • Current Sale Recording Date: May 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 15, 2008
  • Previous Sale Amount: $385,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71494915

Frequently Asked Questions

When was property at 15 Carter Road built and last sold?
The property at 15 Carter Road was built in 1951 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 15 Carter Road is $437,971.
What are some comparable homes to 15 Carter Road?
There are currently no comparable homes to 15 Carter Road.
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