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Lynnfield 01940
20 Edgemere Road
$799,000
● House - Off Market

20 Edgemere Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,599 Ft²
$1,200,795
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Stunning 12 room Brick front Contemporary Split on a totally private beautifully landscaped acre lot. Tremendous space featuring a cathedral ceiling living room, formal dining room leads to sun room with bar and lots of windows for great light. Kitchen has island with eating area attached, skylights, Ceiling fan, cathedral ceiling and opens to family room with stone fireplace, Two of the 4 generous bedrooms have their own full baths. Lower level has office and a great bonus room which could be used for  playroom or extended family as has its own entrance. There is a 3 car garage, central air, gas heat, sprinkler system, shed and patio. The grounds are meticulously maintained and home has great curb appeal.
Unit Size
4,599 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$183
Property Type
House
Property Taxes
$892
HOA Dues
-
Year Built
1969

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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 months ago (MLSPIN #72559435)

Price History

Date / Event Date Event Price
Dec 11, 2019 Sold
Premium
Sold
Sep 5, 2019 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $839,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 4,851
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,343
  • Total Building Area: 4,599
  • Gross Building Area: 6,340
  • Building Area: 4,599
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,599
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001064
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0042 B:0000 L:1862
  • Lot: 1862
  • Municipality: LYNNFIELD
  • Latitude: 42.5245
  • Longitude: -71.0173

    Address

  • Full Address: 20 Edgemere Rd
  • Address - House Number: 20
  • Address - Street Name: Edgemere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2208
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,166,200

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,253,399
  • High Value: 1,448,136
  • Low Value: 1,058,662

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,109,600
  • Assessed Land Value: $594,300
  • Assessed Improvements Value: $515,300

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 608116
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

$404

Below Asking

0.02%

Average Days on Market

54

Average Home Size

3895 ft²

Average Home Age

47.6 years

Currently For Sale

20 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# 72559435

Frequently Asked Questions

When was property at 20 Edgemere Road built and last sold?
The property at 20 Edgemere Road was built in 1969 and last sold on Dec 10, 2019 for $799,000.
How much is this home worth?
The estimated value of the home located at 20 Edgemere Road is $897,827.
What are some comparable homes to 20 Edgemere Road?
There are currently no comparable homes to 20 Edgemere Road.
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