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Lynnfield 01940
2 Pyburn Rd
$907,500
● House - Off Market

2 Pyburn Rd

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,400 Ft²
$1,240,629
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

New Construction in Lynnfield. Stunning Colonial adorned with a Quaint Farmers Porch Offering 10 rooms, 4 bedrooms, 3 baths. This 3390 SqFt +/- Colonial is the perfect home for a growing family. Features include Expansive Gorgeous Kitchen Fully Applianced with Granite countertops & Center island, Recess lighting, Gleaming Acacia hardwood floors, Front to Back 24x24 fireplace Family room, open floor plan Design, Custom Woodwork in Dining room, and living room. Large Master bedroom with Vaulted ceilings with Master bath with tiled shower and tub and his and hers Closets! ; 3 additional bedrooms, 2 car garage, Patio Central Air and so much more..
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$271
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
2019

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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 #72670666)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Century 21 North East $919,999
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,696
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,019
  • Total Building Area: 3,418
  • Gross Building Area: 6,365
  • Building Area: 3,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,418
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0051 B:0000 L:0639
  • Lot: 639
  • Municipality: LYNNFIELD
  • Latitude: 42.5163
  • Longitude: -71.0142

    Address

  • Full Address: 2 Pyburn Rd
  • Address - House Number: 2
  • Address - Street Name: Pyburn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2214
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,226,300

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,217,281
  • High Value: 1,425,223
  • Low Value: 1,009,339

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,166,800
  • Assessed Land Value: $442,700
  • Assessed Improvements Value: $724,100

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200717002870
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72670666

Frequently Asked Questions

When was property at 2 Pyburn Road built and last sold?
The property at 2 Pyburn Road was built in 2019 and last sold on Jul 16, 2020 for $907,500.
How much is this home worth?
The estimated value of the home located at 2 Pyburn Road is $952,316.
What are some comparable homes to 2 Pyburn Road?
There are currently no comparable homes to 2 Pyburn Road.
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