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Lynnfield 01940
22 Fletcher Road
Photo of 22 Fletcher Road
Sold on Apr 26, 2007

1

Map

$626,900
● House - Off Market

22 Fletcher Road

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,537 Ft²
$1,179,589
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Exceptional Brick Front Wills Built Colonial in great location!  Eat-in kitchen with corian counters,formal fireplaced livingroom, dining room, & first floor family room with fireplace & built-ins. Beautiful Florida room with skylights & sliders to private yard with heated in-ground gunnite pool. 3 extra large bedrooms, Master Suite with walk-in closet, dressing area, & full bath.  Gleaming hardwood floors. Finished Lower level has playroom & office or 4th bedroom.
Unit Size
3,537 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$178
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1967

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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: 5 months ago (MLSPIN #70439652)

Price History

Date / Event Date Event Price
Apr 26, 2007 Sold
Premium
Sold
Aug 13, 2006 Listed $629,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,293
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,083
  • Total Building Area: 3,537
  • Gross Building Area: 4,224
  • Building Area: 3,537
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,537
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000691
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0046 B:0000 L:2495
  • Lot: 2495
  • Municipality: LYNNFIELD
  • Latitude: 42.517
  • Longitude: -71.0195

    Address

  • Full Address: 22 Fletcher Rd
  • Address - House Number: 22
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2249
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,053,100

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,170,934
  • High Value: 1,370,958
  • Low Value: 970,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,002,000
  • Assessed Land Value: $612,200
  • Assessed Improvements Value: $389,800

    Sales

  • Current Sale Recording Date: Apr 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 80501
  • Previous Sale Recording Date: Apr 26, 2007
  • Previous Sale Amount: $626,900
  • 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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3762 ft²

Average Home Age

44.7 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: 5 months ago
Data Source: MLS PIN, MLS# 70439652

Frequently Asked Questions

When was property at 22 Fletcher Road built and last sold?
The property at 22 Fletcher Road was built in 1967 and last sold on Jan 1, 1970 for $626,900.
How much is this home worth?
The estimated value of the home located at 22 Fletcher Road is $690,690.
What are some comparable homes to 22 Fletcher Road?
There are currently no comparable homes to 22 Fletcher Road.
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