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Lynnfield 01940
20 Olde Towne
Photo of 20 Olde Towne
Sold on Aug 8, 2011

1

Map

$602,000
● House - Off Market

20 Olde Towne

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,709 Ft²
$1,306,189
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Prime location in desirable neighborhood! Meticulously maintained & freshly painted Center Entrance Colonial ON OVER AN ACRE! Fabulous Chef's kitchen w/ high end appliances, rich cherry cabs, granite counters, breakfast bar & dining area. Generous family room w/sliders spill to deck overlooking HUGE, PRIVATE "park like" back yard. Updated baths, huge LR, 2 car gar, irrigation, brand new septic, part.finished basement w/FP, all convenient to major routes.
Unit Size
2,709 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$233
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
1965

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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 #71241578)

Price History

Date / Event Date Event Price
Aug 8, 2011 Sold
Premium
Sold
Jun 1, 2011 Listed by RE/MAX Heritage, LLC $629,900
Listed by RE/MAX Heritage, LLC
Jun 29, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 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: 1,813
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,473
  • Total Building Area: 3,087
  • Gross Building Area: 4,374
  • Building Area: 3,087
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,087
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEFIELD LYNNFIELD
  • Land Acres: 0000001159
  • 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: 209200

Zoning

  • Zoning: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:0425
  • Lot: 425
  • Municipality: LYNNFIELD
  • Latitude: 42.533
  • Longitude: -71.0699

    Address

  • Full Address: 20 Olde Towne Rd
  • Address - House Number: 20
  • Address - Street Name: Olde Towne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2545
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,023,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,116,144
  • High Value: 1,304,801
  • Low Value: 927,488

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $974,100
  • Assessed Land Value: $616,800
  • Assessed Improvements Value: $357,300

    Sales

  • Current Sale Recording Date: Aug 08, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 29, 1990
  • Previous Sale Amount: $301,500
  • 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 962 ft²
200 Quannapowitt Parkway #A8, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71241578

Frequently Asked Questions

When was property at 20 Olde Towne Road built and last sold?
The property at 20 Olde Towne Road was built in 1965 and last sold on Jan 1, 1970 for $602,000.
How much is this home worth?
The estimated value of the home located at 20 Olde Towne Road is $656,788.
What are some comparable homes to 20 Olde Towne Road?
There are currently no comparable homes to 20 Olde Towne Road.
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