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Lynnfield 01940
2 Squire Lane
$369,900
● House - Off Market

2 Squire Lane

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,544 Ft²
$798,379
RealtyHop Estimate
115.84%
Since Nov 1, 2002
MA-Boston
Primary Model

About This Property

OVERSIZED   BRICK FRONT SPLIT IN SHERWOOD FOREST AREA. 22 FEET DINING ROOM WITH CATHEDRAL CEIL & SKYLIGHT. 2 FIREPLACES, LOTS OF HARDWOOD FLOORS, POCKET DOORS, CENTRAL VAC, BAYWINDOWS, SLIDERS TO DECK, 2CAR GAR, NICE LANDSCAPE!
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$145
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1966

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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: 6 months ago (MLSPIN #30570841)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed by Century 21 Citiwide $779,000
Listed by Century 21 Citiwide
Oct 7, 2002 Sold
Premium
Sold
Jan 9, 2002 Listed by Century 21 Citiwide $369,900
Listed by Century 21 Citiwide

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,788
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 36,799
  • Total Building Area: 2,544
  • Gross Building Area: 3,036
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000845
  • 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:0046 B:0000 L:2886
  • Lot: 2886
  • Municipality: LYNNFIELD
  • Latitude: 42.5168
  • Longitude: -71.0124

    Address

  • Full Address: 2 Squire Ln
  • Address - House Number: 2
  • Address - Street Name: Squire
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2215
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,000

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,066,490
  • High Value: 1,248,673
  • Low Value: 884,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $886,800
  • Assessed Land Value: $547,400
  • Assessed Improvements Value: $339,400

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 619210
  • Previous Sale Recording Date: Oct 07, 2002
  • Previous Sale Amount: $369,900
  • 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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

41.7 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30570841

Frequently Asked Questions

When was property at 2 Squire Lane built and last sold?
The property at 2 Squire Lane was built in 1966 and last sold on Nov 24, 2020 for $815,000.
How much is this home worth?
The estimated value of the home located at 2 Squire Lane is $805,237.
What are some comparable homes to 2 Squire Lane?
There are currently no comparable homes to 2 Squire Lane.
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