$889,000
●
House -
Off Market
16 Bluejay Road
Lynnfield, MA 01940
4 Beds
3 Baths
5,000 Ft²
$1,266,243
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model
About This Property
SEEING is BELIEVING!! MODERN HOME with GENEROUS SPACE
saturated with NATURAL LIGHT, HIGH CEILINGS & FLEXIBLE FLOOR PLAN,
TASTEFULLY UPDATED w/ today's colors . You'll love ENTERTAINING,
enjoying HOLIDAYS, and EVERY DAY w/ ALL this amazing SPACE.
EXPANSIVE first floor living room and dining room offers
VAULTED CEILING leading to MODERN KITCHEN w LIGHT CABINETRY,
STAINLESS APPLIANCES & QUARTZ COUNTERS open to a MAGNIFICENT GREAT
ROOM w/ FIREPLACE, floor to ceiling bookcases, and a WALL OF
WINDOWS overlooking private wooded yard! The luxurious
MASTER SUITE has a "spa like" feel with UPDATED BATH a WALK
IN SHOWER a WHIRLPOOL TUB & CUSTOM CLOSET. Need quiet space?
Retreat to your HOME OFFICE, the FITNESS ROOM, indoor
pool, or even better, the EXQUISITE WINE CELLAR! LOWER LEVEL
has GAME ROOM, plus GUEST QUARTERS on ground level, PERFECT for
PARENTS and/or EXTENDED FAMILY w/ kitchenette, & bath. ENJOY ALL
THAT LYNNFIELD HAS TO OFFER! HIGHLY RANKED SCHOOLS, UPSCALE
SHOPPING
Unit Size
5,000 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$178
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1984
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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 #72583412)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Coldwell Banker Realty - Lynnfield | $1,225,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
   | |||
|
Discover this striking contemporary multi-level home in one of Lynnfield’s sought-after neighborhoods. Set on .69 acres, this 4-bed, 3-bath residence offers soaring ceilings, expansive picture windows, and an open layout filled with natural light. The kitchen features stone counters and custom cabinetry, flowing seamlessly into a dining area and family space highlighted by a dramatic spiral staircase and library wall. The living room, anchored by a fireplace and exposed beams, creates the perfect balance of modern and warm. A stunning primary suite boasts a custom walk-in closet and spa-like bath with dual vanities. Additional highlights include a climate-controlled wine room, an indoor endless pool with shower, and a potential private in-law suite with its own entrance and garage access. Conveniently located near MarketStreet Lynnfield, shopping, dining, and major commuter routes with easy access to Boston. A rare opportunity combining style, function, and comfort.
| |||
| Aug 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 17, 2025 | Relisted | $1,369,000 | |
| Relisted | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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