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Lynnfield 01940
18 Daventry Court
Photo of 18 Daventry Court

7

Map

Photo of 18 Daventry Court
Photo of 18 Daventry Court
$1,150,000
↓ $50K (4.2%)
● Land - For Sale

18 Daventry Court

Lynnfield, MA 01940
bedrooms
Studio
bathrooms
0 Bath
$6,322
Est. Monthly

About This Property

PRICE ADJUSTMENT!! Opportunity Knocks! Build your dream home in one of LYNNFIELD'S MOST DESIRABLE NEIGHBORHOODS  ~ King James Grant ~  This one-acre +/- lot offers a rare opportunity to create the dream home that you have always imagined. Perked and approved for a 4 bedroom septic system, design attached. Do not walk the property without permission from the listing agent.
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$675
HOA Dues
-
Year Built
1976

Listed By

Marjorie Youngren Team
Keller Williams Realty Evolution

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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 #73513940)

Price History

Date / Event Date Event Price
Jul 7, 2026 Price Decreased $1,150,000
↓ $50K (4.2%)
Price Decreased
Jun 1, 2026 Price Decreased $1,200,000
↓ $90K (7%)
Price Decreased
May 6, 2026 Listed by Coldwell Banker Realty - Lynnfield $1,290,000
Listed by Coldwell Banker Realty - Lynnfield
Jun 21, 2021 Sold
Premium
Sold
Jan 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level, Wooded, Lot Staked
Lot Size Area: 0.98
Lot Size Units: Acres
Lot Size Acres: 0.98
Lot Size Square Feet: 42785
Tax Lot: 944
Water Source: Public
Financial Details
Tax Map Number: 21
Tax Assessed Value: $766,600
Tax Annual Amount: $8,095
Utilities Details
Sewer : Other, Perc Test On File

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,281
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,162
  • Total Building Area: 4,115
  • Gross Building Area: 5,494
  • Building Area: 4,115
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,115
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000922
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0021 B:0000 L:0212
  • Lot: 212
  • Municipality: LYNNFIELD
  • Latitude: 42.5495
  • Longitude: -71.0352

    Address

  • Full Address: 18 Durham Dr
  • Address - House Number: 18
  • Address - Street Name: Durham
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1066
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,368,900

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,433,193
  • High Value: 1,678,019
  • Low Value: 1,188,368

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,302,500
  • Assessed Land Value: $743,700
  • Assessed Improvements Value: $558,800

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 626403
  • Previous Sale Recording Date: Jan 31, 2000
  • Previous Sale Amount: $457,000
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ
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:

$999,995

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

53

Average Home Size

3477 ft²

Average Home Age

47.6 years

Currently For Sale

24 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73513940

Frequently Asked Questions

When was property at 18 Daventry Court built and last sold?
The property at 18 Daventry Court was built in 1976 and last sold on Jun 21, 2021 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 18 Daventry Court is $1,161,500.
What are some comparable homes to 18 Daventry Court?
There are currently no comparable homes to 18 Daventry Court.
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