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Lynnfield 01940
151 Main
$775,000
● House - Off Market

151 Main

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,400 Ft²
$1,719,294
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

New Construction!  Stately brick multi level on a 3.5 acre lot.  This exquisite home features 3400 sq ft of living space and a luxurious master suite with walk in closet.There is plenty of attention to detail in this home, from the tray ceiling in the great room, which is over the garage, to the chair rail in the dining room!  Home has 2 full baths and two half baths.  Two fireplaces, one in the basement family room and one in the first floor living room. Hardwood and ceramic tile throught out!
Unit Size
3,400 Ft²
Days on Market
-
Land Size
3.59 acres
Price per sqft
$250
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
2011

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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 #71314626)

Price History

Date / Event Date Event Price
Jul 23, 2012 Sold
Premium
Sold
Nov 28, 2011 Listed by JRS Properties, Inc. $849,900
Listed by JRS Properties, Inc.
Jun 18, 2010 Sold
Premium
Sold
Mar 25, 2010 Listed by JRS Properties, Inc. $329,900
Listed by JRS Properties, Inc.
Dec 30, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 1,514
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 156,324
  • Total Building Area: 3,512
  • Gross Building Area: 7,462
  • Building Area: 3,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD ASSESSOR S MAP 33 PC
  • Land Acres: 0000003589
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:2186
  • Lot: 2186
  • Municipality: LYNNFIELD
  • Latitude: 42.5296
  • Longitude: -71.0644

    Address

  • Full Address: 151 Main St
  • Address - House Number: 151
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2512
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,341,700

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,382,690
  • High Value: 1,597,515
  • Low Value: 1,167,865

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,276,600
  • Assessed Land Value: $501,700
  • Assessed Improvements Value: $774,900

    Sales

  • Current Sale Recording Date: Jul 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Amount: $320,500
  • 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,415 /mo

  • Studio
  • 1 Bath
  • 589 ft²
200 Quannapowitt Parkway #S1, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71314626

Frequently Asked Questions

When was property at 151 Main Street built and last sold?
The property at 151 Main Street was built in 2011 and last sold on Jan 1, 1970 for $775,000.
How much is this home worth?
The estimated value of the home located at 151 Main Street is $886,506.
What are some comparable homes to 151 Main Street?
There are currently no comparable homes to 151 Main Street.
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