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Lynnfield 01940
15 Kings Road
$630,000
● House - Off Market

15 Kings Road

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,864 Ft²
$808,972
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

New Listing: 15 Kings Road - located in the heart of Sherwood Forest! Nestled at the end of a cul-de-sac with plenty of privacy, this home needs someone to make it their castle. To be sold in "AS-IS" condition. Some interior updating needed along with exterior improvements, but a new 3BR septic system, newer central air and newer roof are great starts. Many windows have been replaced.  Extra large rooms complement the convenient floor plan and the walk out lower level lends itself as a great potential au-pair/in-law suite. This home has 2,864 sq feet of living space and three full baths. All offers to be presented June 9 at 5pm. Please wear mask & gloves to the showings.
Unit Size
2,864 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$209
Property Type
House
Property Taxes
$752
HOA Dues
-
Year Built
1960

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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 #72668083)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $599,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 7
  • Basement Area: 1,687
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,002
  • Total Building Area: 2,864
  • Gross Building Area: 3,510
  • Building Area: 2,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000551
  • 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:0046 B:0000 L:1341
  • Lot: 1341
  • Municipality: LYNNFIELD
  • Latitude: 42.5202
  • Longitude: -71.0154

    Address

  • Full Address: 15 Kings Rd
  • Address - House Number: 15
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2225
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $996,000

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,032,826
  • High Value: 1,209,191
  • Low Value: 856,460

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $947,700
  • Assessed Land Value: $544,500
  • Assessed Improvements Value: $403,200

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614692
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

3561 ft²

Average Home Age

40.1 years

Currently For Sale

18 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: 6 months ago
Data Source: MLS PIN, MLS# 72668083

Frequently Asked Questions

When was property at 15 Kings Road built and last sold?
The property at 15 Kings Road was built in 1960 and last sold on Jul 28, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 15 Kings Road is $646,254.
What are some comparable homes to 15 Kings Road?
There are currently no comparable homes to 15 Kings Road.
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