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Lynnfield 01940
22 Douglas Rd
$585,000
● House - Off Market

22 Douglas Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,934 Ft²
$881,677
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

A True Gem! Don't miss your chance to own this beautiful Lynnfield cape! This gorgeous home features three upstairs bedrooms, beautiful eat-in kitchen with stainless steel appliances, large living room with working fireplace, formal dining room, heated basement room, and large shady backyard with patio. This is a beautifully maintained home in a quiet neighborhood, with easy access to local amenities and Route 1. Recent updates include new energy-efficient windows throughout the house, new insulation, central air, and energy-efficient heating system. This is not one to miss! Schedule your private showing today! ***Offers due by 12pm on Tuesday, 5/23.***  Open Houses...Thursday May 18th 5:30-7pm, Saturday & Sunday 12-1:30pm.
Unit Size
1,934 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$292
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1937

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72165267)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
May 10, 2021 Listed by RE/MAX Advantage Real Estate $675,000
Listed by RE/MAX Advantage Real Estate
Jul 20, 2017 Sold
Premium
Sold
May 16, 2017 Listed by RE/MAX Advantage Real Estate $565,000
Listed by RE/MAX Advantage Real Estate
Jul 17, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,201
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,812
  • Total Building Area: 1,679
  • Gross Building Area: 2,904
  • Building Area: 1,679
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,679
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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:1622
  • Lot: 1622
  • Municipality: LYNNFIELD
  • Latitude: 42.5137
  • Longitude: -70.996

    Address

  • Full Address: 22 Douglas Rd
  • Address - House Number: 22
  • Address - Street Name: Douglas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1504
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $791,700

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 898,375
  • High Value: 1,037,881
  • Low Value: 758,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,300
  • Assessed Land Value: $513,600
  • Assessed Improvements Value: $239,700

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 626685
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: Jul 10, 2017
  • Previous Sale Amount: $585,000
  • 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:

$999,000

Sale Price/ft²

$406

Below Asking

0.02%

Average Days on Market

55

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72165267

Frequently Asked Questions

When was property at 22 Douglas Road built and last sold?
The property at 22 Douglas Road was built in 1937 and last sold on Jun 28, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 22 Douglas Road is $684,004.
What are some comparable homes to 22 Douglas Road?
There are currently no comparable homes to 22 Douglas Road.
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