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Lynnfield 01940
17 Central Rd
$445,000
● House - Off Market

17 Central Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,908 Ft²
$914,133
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

WELL CARED FOR SPLIT LEVEL HOME OFFERS VIEWS OF PILLINGS POND, QUIET SIDE STREET LOCATION AND OPEN FLOOR PLAN. UPDATED KITCHEN WITH LOADS OF COUNTER SPACE AND NATURAL LIGHT IS OPEN TO BOTH DINING AND LIVING ROOMS PLUS THE VAULTED CEILING FAMILY ROOM ADDITION.  HARDWOOD FLOORS, ROOF 7YRS, GAS FURNACE 4YRS.  SPACIOUS LOWER LEVEL FAMILY ROOM WITH FIREPLACE AND WOOD STOVE.  NEW SEPTIC TO BE INSTALLED.
Unit Size
1,908 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$235
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1968

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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: 6 months ago (MLSPIN #71403535)

Price History

Date / Event Date Event Price
Aug 28, 2012 Sold
Premium
Sold
Jun 26, 2012 Listed by Northrup Associates $449,000
Listed by Northrup Associates

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,478
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,804
  • Total Building Area: 1,768
  • Gross Building Area: 2,670
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELBRIDGE F GERRY
  • Land Acres: 0000000317
  • 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:0041 B:0000 L:0613
  • Lot: 613
  • Municipality: LYNNFIELD
  • Latitude: 42.5275
  • Longitude: -71.0279

    Address

  • Full Address: 17 Central Rd
  • Address - House Number: 17
  • Address - Street Name: Central
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1950
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,300

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 853,915
  • High Value: 999,729
  • Low Value: 708,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,000
  • Assessed Land Value: $438,100
  • Assessed Improvements Value: $213,900

    Sales

  • Current Sale Recording Date: Aug 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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

3523 ft²

Average Home Age

41.7 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71403535

Frequently Asked Questions

When was property at 17 Central Road built and last sold?
The property at 17 Central Road was built in 1968 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 17 Central Road is $475,760.
What are some comparable homes to 17 Central Road?
There are currently no comparable homes to 17 Central Road.
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