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Lynnfield 01940
180 Locksley Road
$585,000
● House - Off Market

180 Locksley Road

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$1,188,390
RealtyHop Estimate
98.73%
Since Mar 1, 2004
MA-Boston
Primary Model

About This Property

APPEALING HOME W/CIRCULAR DRIVE IN EXCELLENT NEIGHBORHOOD. 2-3 BR ON 1ST LEVEL,OFF/BR ON LL.3FPL,3 BATHS,LL FAM RM & WALKOUT TO FENCED YARD,2 CAR ATT GARAGE. FURNAC & HW TANK NEW IN 1998. A MUST SEE!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$239
Property Type
House
Property Taxes
$424
HOA Dues
$250
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30782967)

Price History

Date / Event Date Event Price
Feb 25, 2004 Sold
Premium
Sold
Oct 23, 2003 Listed by Nelson, Bromby & Assoc. Realty $598,000
Listed by Nelson, Bromby & Assoc. Realty
Apr 16, 1996 Sold
Premium
Sold
Nov 27, 1995 Listed by Northrup Associates $329,900
Listed by Northrup Associates
LOVELY WILLS BUILT RANCH HOME. BEAUTIFULLY DECORATED AND CARED FOR. NEW KITCHEN, HARDWOOD FLOORS, AC, SECURITY, FENCED BACK YARD. SEVEN ROOMS, 3 BR'S, 3 FULL BATHS, SCREENED PORCH (12 X 14), ATTACHED 2C GARAGE + 1ST FLR DEN.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,148
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,134
  • Total Building Area: 3,904
  • Gross Building Area: 6,588
  • Building Area: 3,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000738
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0037 B:0000 L:2258
  • Lot: 2258
  • Municipality: LYNNFIELD
  • Latitude: 42.5281
  • Longitude: -71.0108

    Address

  • Full Address: 180 Locksley Rd
  • Address - House Number: 180
  • Address - Street Name: Locksley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 1447
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,181,400

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,348,595
  • High Value: 1,576,541
  • Low Value: 1,120,649

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,124,100
  • Assessed Land Value: $622,100
  • Assessed Improvements Value: $502,000

    Sales

  • Current Sale Recording Date: Feb 25, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 76941
  • Previous Sale Recording Date: Feb 25, 2004
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: 48
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

3879 ft²

Average Home Age

42.2 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# 30782967

Frequently Asked Questions

When was property at 180 Locksley Road built and last sold?
The property at 180 Locksley Road was built in 1958 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 180 Locksley Road is $633,592.
What are some comparable homes to 180 Locksley Road?
There are currently no comparable homes to 180 Locksley Road.
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