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Lynnfield 01940
2 Tree Top Lane
$609,000
● House - Off Market

2 Tree Top Lane

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,373 Ft²
$959,119
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Very large lovely home on a private dead end street!   Lots of options with generous open floor plan!  First floor Huge Master bedroom with pellet stove and master bath!  Possible 5th bedroom....Work in Boston or travel to New Hampshire/Maine?  This home is  close proximity to highways and is very convenient and handy to all major routes into Boston South or North!  Central air, gas heat, public water/sewer, 2 car garage, fireplaces, 3 full baths and lower level finished!  Priced to Sell!  Seller will entertain offers from 600k plus!
Unit Size
4,373 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$142
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1986

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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: 4 years ago (MLSPIN #72156607)

Price History

Date / Event Date Event Price
Jan 24, 2018 Sold
Premium
Sold
May 2, 2017 Listed by Noble Realty Partners LLC $619,900
Listed by Noble Realty Partners LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 3
  • Basement Area: 1,427
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,823
  • Total Building Area: 4,191
  • Gross Building Area: 5,404
  • Building Area: 4,191
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,191
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000386
  • 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:0053 B:0000 L:2728
  • Lot: 2728
  • Municipality: LYNNFIELD
  • Latitude: 42.5121
  • Longitude: -70.9887

    Address

  • Full Address: 2 Tree Top Ln
  • Address - House Number: 2
  • Address - Street Name: Tree Top
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1569
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $926,700

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,059,151
  • High Value: 1,239,427
  • Low Value: 878,874

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $881,700
  • Assessed Land Value: $488,500
  • Assessed Improvements Value: $393,200

    Sales

  • Current Sale Contract Date: Jun 07, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 593462
  • Previous Sale Recording Date: Jan 24, 2018
  • Previous Sale Contract Date: Jan 24, 2018
  • Previous Sale Amount: $609,000
  • Previous Sale Document Type: O
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 years ago
Data Source: MLS PIN, MLS# 72156607

Frequently Asked Questions

When was property at 2 Tree Top Lane built and last sold?
The property at 2 Tree Top Lane was built in 1986 and last sold on Jun 7, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 2 Tree Top Lane is $0.
What are some comparable homes to 2 Tree Top Lane?
There are currently no comparable homes to 2 Tree Top Lane.
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