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Lynnfield 01940
19 Edward Ave
$456,000
● House - Off Market

19 Edward Ave

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,582 Ft²
$773,855
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

****OH SUNDAY 12:30 to 2:30**** WOW...HERE IS YOUR OPPORTUNITY  TO GET INTO A  GREAT HOME IN LYNNFIELD.  AWESOME NEIGHBORHOOD!    Have you always dreamed of a MASTER SUITE  with updated bathroom and walk in closet for her, he has his own closet too!  Adjoining sunroom and nursery off the master suite, another updated bath for the kids.  Built in home office for the family to share, skylights, ceiling fans, 200 amp electric service,  heating system only 5 years old, central air system 3 yrs old, hot water tank brand new, irrigation system, NEW SEPTIC for 4 bedrooms to be installed prior to closing. Come see this wonderful home, you will not be disappointed.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$281
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1942

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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 #71860749)

Price History

Date / Event Date Event Price
Oct 22, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by RE/MAX Leading Edge $619,900
Listed by RE/MAX Leading Edge
Sep 30, 2015 Sold
Premium
Sold
Jun 15, 2015 Listed by RE/MAX Leading Edge $445,000
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,582
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,582
  • Gross Building Area: 3,792
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:1953
  • Lot: 1953
  • Municipality: LYNNFIELD
  • Latitude: 42.5301
  • Longitude: -71.0681

    Address

  • Full Address: 19 Edward Ave
  • Address - House Number: 19
  • Address - Street Name: Edward
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2504
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $795,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 853,565
  • High Value: 985,529
  • Low Value: 721,601

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $757,200
  • Assessed Land Value: $519,100
  • Assessed Improvements Value: $238,100

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201022003130
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Amount: $456,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: VAR
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

$4,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
200 Quannapowitt Parkway #C1B, 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# 71860749

Frequently Asked Questions

When was property at 19 Edward Avenue built and last sold?
The property at 19 Edward Avenue was built in 1942 and last sold on Oct 19, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 19 Edward Avenue is $626,993.
What are some comparable homes to 19 Edward Avenue?
There are currently no comparable homes to 19 Edward Avenue.
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