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Lynnfield 01940
177 Main Street
$331,000
● House - Off Market

177 Main Street

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,290 Ft²
$753,426
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

Charming Bungalow says "WELCOME" from the moment you approach. The front porch reflects character that extends throughout, great for entertaining. There is a large FP LR with HW floor and lovely built-ins. Kitchen features Oak cabinets and slider to deck overlooking a beautifully landscaped yard (almost 2Acres). The DR features Bow windows and lovely views, ideal for those "special" dinners. New septic installed, Title V in hand. Estate Sale.
Unit Size
1,290 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$287
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
2013

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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: 5 months ago (MLSPIN #71363784)

Price History

Date / Event Date Event Price
Jun 15, 2012 Sold
Premium
Sold
Apr 9, 2012 Listed by Century 21 Commonwealth $369,900
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 1,596
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,094
  • Total Building Area: 2,952
  • Gross Building Area: 5,877
  • Building Area: 2,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAMELA D HASTY LYNNFIELD CENTE
  • Land Acres: 0000001839
  • 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:2135
  • Lot: 2135
  • Municipality: LYNNFIELD
  • Latitude: 42.5305
  • Longitude: -71.0642

    Address

  • Full Address: 177 Main St
  • Address - House Number: 177
  • 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: $1,426,000

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,626,759
  • High Value: 1,879,504
  • Low Value: 1,374,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,356,800
  • Assessed Land Value: $511,100
  • Assessed Improvements Value: $845,700

    Sales

  • Current Sale Recording Date: Jun 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 415
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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3762 ft²

Average Home Age

44.7 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 71363784

Frequently Asked Questions

When was property at 177 Main Street built and last sold?
The property at 177 Main Street was built in 2013 and last sold on Jan 1, 1970 for $331,000.
How much is this home worth?
The estimated value of the home located at 177 Main Street is $383,329.
What are some comparable homes to 177 Main Street?
There are currently no comparable homes to 177 Main Street.
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