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Lynnfield 01940
2 Stoneway
Photo of 2 Stoneway
Sold on Feb 16, 2011

1

Map

$493,000
● House - Off Market

2 Stoneway

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,203 Ft²
$1,149,524
RealtyHop Estimate
117.30%
Since Mar 1, 2011
MA-Boston
Primary Model

About This Property

New Price.....Great value for this lovely colonial.  Spacious "Wills built" quality home featuring updated kitchen, fireplaced living room and family room, formal dining room, hardwood floors plus central air and security. Lovely 3 season (unheated) room with 3 skylights overlooks private wooded lot.    Title V certified, December 2010
Unit Size
2,203 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$240
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1963

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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: 8 months ago (MLSPIN #71165808)

Price History

Date / Event Date Event Price
Feb 16, 2011 Sold
Premium
Sold
Nov 27, 2010 Listed by Northrup Associates $529,000
Listed by Northrup Associates
Sep 8, 1997 Sold
Premium
Sold
May 19, 1997 Listed by Northrup Associates $359,900
Listed by Northrup Associates
LOVELY COLONIAL HOME WITH NEW DESIGNER KITCHEN. KITCHEN W/VAULTED CEILING & 3 SKYLIGHTS. BEAUTIFUL CHERRY CABINETS & " TOP OF THE LINE" APPLIANCES. HOUSE TOTALLY REDECORATED. DES. WEST KNOLL AREA W/EASY ACCESS TO MAJOR HIGHWAYS. 3/4 AC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 913
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,566
  • Total Building Area: 2,203
  • Gross Building Area: 3,973
  • Building Area: 2,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,203
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000702
  • 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:0045 B:0000 L:2622
  • Lot: 2622
  • Municipality: LYNNFIELD
  • Latitude: 42.5181
  • Longitude: -71.0297

    Address

  • Full Address: 2 Stoneway
  • Address - House Number: 2
  • Address - Street Name: Stoneway
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2118
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $998,800

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 945,277
  • High Value: 1,138,663
  • Low Value: 751,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $950,300
  • Assessed Land Value: $546,000
  • Assessed Improvements Value: $404,300

    Sales

  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180801000970
  • Previous Sale Recording Date: Feb 16, 2011
  • Previous Sale Amount: $493,000
  • Previous Sale Document Type: 27
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:

$999,000

Sale Price/ft²

$403

Below Asking

0.02%

Average Days on Market

53

Average Home Size

3719 ft²

Average Home Age

51.5 years

Currently For Sale

22 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

Click here to view more rentals in the neighborhood.
Last Updated: 8 months ago
Data Source: MLS PIN, MLS# 71165808

Frequently Asked Questions

When was property at 2 Stoneway built and last sold?
The property at 2 Stoneway was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Stoneway is $554,420.
What are some comparable homes to 2 Stoneway?
There are currently no comparable homes to 2 Stoneway.
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