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Lynnfield 01940
2 Bryant Street
$1,500,000
● House - Off Market

2 Bryant Street

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
4 Baths
square feet
4,190 Ft²
$8,527
Est. Monthly

About This Property

You will find an abundance of charm throughout this Gambrel Shingle style home. Custom built in 2012, this home was designed to offer an abundance of open and airy living space as well as plenty of natural light. The first floor open concept floor plan consists of a gas fireplaced living room, kitchen, dining room and breakfast room.  4,190 sq ft of living space with 3 first floor en-suite bedrooms, a picturesque large family room surrounded by french doors, a home office, and separate laundry room. There are 2 finished bonus rooms on the second floor. Privately set on a perfectly manicured 1.19 acre lot in a prime cul-de-sac center location. There is a 20kva natural gas full house generator, irrigation system, dog pen and security system. The home is also handicap accessible on the first floor.
Unit Size
4,190 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$358
Property Type
House
Property Taxes
$1,162
HOA Dues
-
Year Built
1984

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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 #73166504)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Oct 11, 2023 In contract -
In contract
Oct 4, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,499,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,919
  • Total Building Area: 4,190
  • Gross Building Area: 6,418
  • Building Area: 4,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001192
  • 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:0028 B:0000 L:0895
  • Lot: 895
  • Municipality: LYNNFIELD
  • Latitude: 42.5362
  • Longitude: -71.062

    Address

  • Full Address: 2 Bryant St
  • Address - House Number: 2
  • Address - Street Name: Bryant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2550
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,421,500

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,497,208
  • High Value: 1,729,825
  • Low Value: 1,264,591

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,352,500
  • Assessed Land Value: $696,100
  • Assessed Improvements Value: $656,400

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20231206002050
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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3553 ft²

Average Home Age

49.5 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73166504

Frequently Asked Questions

When was property at 2 Bryant Street built and last sold?
The property at 2 Bryant Street was built in 1984 and last sold on Nov 27, 2023 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 2 Bryant Street is $1,537,073.
What are some comparable homes to 2 Bryant Street?
There are currently no comparable homes to 2 Bryant Street.
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