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Lynnfield 01940
28 Temple Road
Photo of 28 Temple Road
Sold on Jul 31, 2007

1

Map

$387,500
● House - Off Market

28 Temple Road

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$786,882
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Lots of expansion potential on the corner lot of a quiet street in the desireable Glen Meadow neighborhood. F/P living rm w/picture window, handy first-floor family room w/double cedar closet & tile under carpet. H/W floors under the carpet in living room & dining room. Central air. Enclosed porch. One car attached garage w/electric door opener. High ceilings in the full basement for possible expansion as well. Brand-new 3-bedroom septic system! Newer elec. Convenient to 128. Be in by summer!
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$341
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1955

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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 #70545741)

Price History

Date / Event Date Event Price
Jul 31, 2007 Sold
Premium
Sold
Mar 23, 2007 Listed $419,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • 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: 7
  • Basement Area: 968
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,069
  • Total Building Area: 1,432
  • Gross Building Area: 3,350
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000369
  • 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:0041 B:0000 L:1064
  • Lot: 1064
  • Municipality: LYNNFIELD
  • Latitude: 42.5256
  • Longitude: -71.0326

    Address

  • Full Address: 28 Temple Rd
  • Address - House Number: 28
  • Address - Street Name: Temple
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2020
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,900

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 711,293
  • High Value: 859,828
  • Low Value: 562,757

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,900
  • Assessed Land Value: $542,600
  • Assessed Improvements Value: $202,300

    Sales

  • Current Sale Recording Date: Jul 31, 2007
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70545741

Frequently Asked Questions

When was property at 28 Temple Road built and last sold?
The property at 28 Temple Road was built in 1955 and last sold on Jan 1, 1970 for $387,500.
How much is this home worth?
The estimated value of the home located at 28 Temple Road is $428,896.
What are some comparable homes to 28 Temple Road?
There are currently no comparable homes to 28 Temple Road.
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