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Lynnfield 01940
22 Sylvan Circle
$710,000
● House - Off Market

22 Sylvan Circle

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,040 Ft²
$891,366
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Welcome Home to this  Traditional  Center Entrance Colonial! This home features 3 bedrooms, one full and one half bath. Spacious front to back  fireplaced living room with gleaming hardwood floors. Formal dining room with 2 corner china closets. Eat in kitchen with new stainless steel appliances that lead to a 2 tier family room with wood burning stove and lovely brick wall. Two sets of french doors to deck that overlooks a sanctuary back yard providing total privacy. Newer gas heat and electric, attached one car garage add to the amenities to this lovely home. Lower level awaits your finish for additional room. Conveniently located to easy access to major highways and exciting Market Street for shopping and dining! Owner to supply a one year Home Warranty
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$342
Property Type
House
Property Taxes
$674
HOA Dues
-
Year Built
1942

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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 #72708742)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Coldwell Banker Realty - Lynnfield $697,000
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,755
  • Total Building Area: 2,040
  • Gross Building Area: 3,450
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000568
  • 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:0052 B:0000 L:2823
  • Lot: 2823
  • Municipality: LYNNFIELD
  • Latitude: 42.5123
  • Longitude: -70.9992

    Address

  • Full Address: 22 Sylvan Cir
  • Address - House Number: 22
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1545
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $812,000

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 908,264
  • High Value: 1,049,378
  • Low Value: 767,149

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $772,600
  • Assessed Land Value: $444,800
  • Assessed Improvements Value: $327,800

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 619184
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

3553 ft²

Average Home Age

49.5 years

Currently For Sale

19 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# 72708742

Frequently Asked Questions

When was property at 22 Sylvan Circle built and last sold?
The property at 22 Sylvan Circle was built in 1942 and last sold on Nov 30, 2020 for $710,000.
How much is this home worth?
The estimated value of the home located at 22 Sylvan Circle is $717,455.
What are some comparable homes to 22 Sylvan Circle?
There are currently no comparable homes to 22 Sylvan Circle.
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