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Lynnfield 01940
25 Fletcher Rd.
$590,000
● House - Off Market

25 Fletcher Rd.

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,552 Ft²
$1,149,910
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Set back and nestled in, this very private dead end location of fine homes can be yours! A 10 room home that offers incredible space to turn this "Wills Built" gem into your very own dreamhouse. Pristine hardwood floors throughout are in excellent condition and makes your main entrance into the formal living room with bay window & 4' wide fireplace the centerpiece. A home with lots of charm and character needs your final touches. Natural gas at St. 24 hr. offer response required.
Unit Size
3,552 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$169
Property Type
House
Property Taxes
$605
HOA Dues
-
Year Built
1966

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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: 6 months ago (MLSPIN #71453596)

Price History

Date / Event Date Event Price
Jun 18, 2013 Sold
Premium
Sold
Nov 1, 2012 Listed by Coldwell Banker Residential Brokerage - Lynnfield $599,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,483
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,829
  • Total Building Area: 2,905
  • Gross Building Area: 4,104
  • Building Area: 2,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,905
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000731
  • 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:2515
  • Lot: 2515
  • Municipality: LYNNFIELD
  • Latitude: 42.5178
  • Longitude: -71.0188

    Address

  • Full Address: 25 Fletcher Rd
  • Address - House Number: 25
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2223
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $993,800

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,099,368
  • High Value: 1,287,168
  • Low Value: 911,569

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $945,600
  • Assessed Land Value: $612,500
  • Assessed Improvements Value: $333,100

    Sales

  • Current Sale Recording Date: Jun 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 543613
  • Previous Sale Recording Date: Jun 18, 2013
  • Previous Sale Amount: $590,000
  • 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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

41.7 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: 6 months ago
Data Source: MLS PIN, MLS# 71453596

Frequently Asked Questions

When was property at 25 Fletcher Road built and last sold?
The property at 25 Fletcher Road was built in 1966 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 25 Fletcher Road is $648,972.
What are some comparable homes to 25 Fletcher Road?
There are currently no comparable homes to 25 Fletcher Road.
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