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Lynnfield 01940
21 Locksley Road
$475,000
● House - Off Market

21 Locksley Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,601 Ft²
$867,145
RealtyHop Estimate
82.56%
Since Feb 1, 2015
MA-Boston
Primary Model

About This Property

Great opportunity for a buyer willing to work with us until the lender responds.  Lender countered at near list price.  Welcome to Sherwood Forest!  This larger than typical Cape has 3-4 bedrooms and sought after amenities including 3 full baths, bedroom suite with private bath, enclosed porch with skylights, wood deck, multiple fireplaces, 2 car garage, and a finished basement with expansion potential. Updated gas heat and gas hot water. On a per sf basis, this is the best deal in town!!!
Unit Size
2,601 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$183
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1949

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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 #71594753)

Price History

Date / Event Date Event Price
Jan 13, 2015 Sold
Premium
Sold
Oct 9, 2013 Listed by Reliance Realty $475,000
Listed by Reliance Realty
Apr 22, 2005 Sold
Premium
Sold
Jan 14, 2005 Listed by Reliance Realty $589,000
Listed by Reliance Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,914
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,047
  • Total Building Area: 3,637
  • Gross Building Area: 5,302
  • Building Area: 3,637
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,637
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000414
  • 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:0047 B:0000 L:2332
  • Lot: 2332
  • Municipality: LYNNFIELD
  • Latitude: 42.518
  • Longitude: -71.0083

    Address

  • Full Address: 21 Locksley Rd
  • Address - House Number: 21
  • Address - Street Name: Locksley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 1411
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $986,700

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,128,376
  • High Value: 1,306,608
  • Low Value: 950,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $938,800
  • Assessed Land Value: $543,100
  • Assessed Improvements Value: $395,700

    Sales

  • Current Sale Recording Date: Jan 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 558583
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Amount: $578,500
  • 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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3644 ft²

Average Home Age

48.9 years

Currently For Sale

18 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# 71594753

Frequently Asked Questions

When was property at 21 Locksley Road built and last sold?
The property at 21 Locksley Road was built in 1949 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 21 Locksley Road is $503,655.
What are some comparable homes to 21 Locksley Road?
There are currently no comparable homes to 21 Locksley Road.
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