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Lynnfield 01940
16 Ryan Rd
$840,000
● House - Off Market

16 Ryan Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,934 Ft²
$1,400,927
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Get your boat, jet skis, kayaks and canoes and start the summer off right! Spectacular waterfront contemporary cape on the shores of Pillings Pond. This home even includes your own dock! Open floor plan design with tremendous views throughout. Features include kitchen with beautiful granite and custom cabinets, hardwood throughout first floor, and sliders to the wrap-around deck from the living room and kitchen. Fenced-in yard and direct pond access - what more could you ask for? Near acclaimed Lynnfield public schools and just a few minutes to Rt. 95/128. No need for any work; just move in and enjoy!   FIRST SHOWINGS WITH OPEN HOUSE SUNDAY MAY 15TH, 11AM - 1PM.
Unit Size
2,934 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$286
Property Type
House
Property Taxes
$731
HOA Dues
-
Year Built
2002

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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 #72004296)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
May 12, 2016 Listed by RE/MAX Main St. Associates $839,900
Listed by RE/MAX Main St. Associates
Nov 5, 2004 Sold
Premium
Sold
Aug 17, 2004 Listed by RE/MAX Main St. Associates $729,000
Listed by RE/MAX Main St. Associates
Jul 25, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 3
  • Basement Area: 2,182
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,215
  • Total Building Area: 2,934
  • Gross Building Area: 4,384
  • Building Area: 2,934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,934
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCH COURT
  • Land Acres: 0000000189
  • 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:0035 B:0000 L:0313
  • Lot: 313
  • Municipality: LYNNFIELD
  • Latitude: 42.5331
  • Longitude: -71.0333

    Address

  • Full Address: 16 Ryan Rd
  • Address - House Number: 16
  • Address - Street Name: Ryan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1318
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,179,200

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,321,694
  • High Value: 1,527,042
  • Low Value: 1,116,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,122,000
  • Assessed Land Value: $479,400
  • Assessed Improvements Value: $642,600

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 281
  • Previous Sale Recording Date: Nov 05, 2004
  • Previous Sale Amount: $715,000
  • 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:

$999,000

Sale Price/ft²

$403

Below Asking

0.02%

Average Days on Market

53

Average Home Size

3719 ft²

Average Home Age

51.5 years

Currently For Sale

22 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# 72004296

Frequently Asked Questions

When was property at 16 Ryan Road built and last sold?
The property at 16 Ryan Road was built in 2002 and last sold on Jan 1, 1970 for $840,000.
How much is this home worth?
The estimated value of the home located at 16 Ryan Road is $871,382.
What are some comparable homes to 16 Ryan Road?
There are currently no comparable homes to 16 Ryan Road.
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