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Lynnfield 01940
23 Alexandra Road
$658,000
● House - Off Market

23 Alexandra Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,071 Ft²
$1,268,622
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Sprawling Wills Built Home situated on private 1.1 acre lot off a one of the most private lots in Lynnfield!  The eat in kitchen has access to screened in porch over looking the beautiful lot. The cathedral ceiling stone fireplaced family room is right off the kitchen w/wet bar and ice maker with large picture windows overlooking the yard. Nice size dining area and fireplaced living room with hardwood floors. Good size mud room with laundry.  First floor master bedroom suite w/5x6 sitting area, double closets and full bath. Additional second fireplaced family room with three bedrooms and full bath. Three car attached garage steps away from the kitchen, central air, sprinklers, new four bedroom septic all situated on a private culdesac!
Unit Size
3,071 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$228
Property Type
House
Property Taxes
$781
HOA Dues
-
Year Built
1979

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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 #71681085)

Price History

Date / Event Date Event Price
Aug 21, 2014 Sold
Premium
Sold
May 14, 2014 Listed by Coldwell Banker Residential Brokerage - Lynnfield $699,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,194
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,859
  • Total Building Area: 3,071
  • Gross Building Area: 4,462
  • Building Area: 3,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,071
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001099
  • 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:2228
  • Lot: 2228
  • Municipality: LYNNFIELD
  • Latitude: 42.5178
  • Longitude: -71.0239

    Address

  • Full Address: 23 Alexandra Rd
  • Address - House Number: 23
  • Address - Street Name: Alexandra
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2652
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,155,900

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,301,797
  • High Value: 1,505,485
  • Low Value: 1,098,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,099,800
  • Assessed Land Value: $585,600
  • Assessed Improvements Value: $514,200

    Sales

  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82100354

    Financing

  • First Mortgage Financing Type: UNK
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

$404

Below Asking

0.02%

Average Days on Market

54

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71681085

Frequently Asked Questions

When was property at 23 Alexandra Road built and last sold?
The property at 23 Alexandra Road was built in 1979 and last sold on Jan 1, 1970 for $658,000.
How much is this home worth?
The estimated value of the home located at 23 Alexandra Road is $730,133.
What are some comparable homes to 23 Alexandra Road?
There are currently no comparable homes to 23 Alexandra Road.
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