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Lynnfield 01940
23 Pine Street
$667,500
● House - Off Market

23 Pine Street

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,471 Ft²
$910,764
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Welcome home to 23 Pine Street, this attractive ranch is situated on a 30,000 square foot lot, on a quiet family friendly street, with easy access to major highways. This 3 bedroom 2 bath home features hardwood floors, updated bathrooms, newer roof and windows.  Spacious kitchen looks out to a quiet backyard.  Large family room with fireplace, finished basement.   Septic was replaced in 1997.
Unit Size
2,471 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$259
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1954

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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 #72499739)

Price History

Date / Event Date Event Price
Jul 22, 2019 Sold
Premium
Sold
May 14, 2019 Listed by William Raveis R.E. & Home Services $639,000
Listed by William Raveis R.E. & Home Services
Jan 24, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,765
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,144
  • Total Building Area: 2,471
  • Gross Building Area: 3,485
  • Building Area: 2,471
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,471
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD CENTER
  • Land Acres: 0000000692
  • 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: 209200

Zoning

  • Zoning: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:1188
  • Lot: 1188
  • Municipality: LYNNFIELD
  • Latitude: 42.5306
  • Longitude: -71.0702

    Address

  • Full Address: 23 Pine St
  • Address - House Number: 23
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2523
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,500

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 890,635
  • High Value: 1,028,331
  • Low Value: 752,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,400
  • Assessed Land Value: $499,700
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190722003770
  • Previous Sale Recording Date: Jan 24, 1997
  • Previous Sale Amount: $233,500
  • Previous Sale Document Type: 27
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

$402

Below Asking

0.02%

Average Days on Market

54

Average Home Size

3633 ft²

Average Home Age

50.6 years

Currently For Sale

24 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,125 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72499739

Frequently Asked Questions

When was property at 23 Pine Street built and last sold?
The property at 23 Pine Street was built in 1954 and last sold on Jul 18, 2019 for $667,500.
How much is this home worth?
The estimated value of the home located at 23 Pine Street is $672,782.
What are some comparable homes to 23 Pine Street?
There are currently no comparable homes to 23 Pine Street.
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