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Lynnfield 01940
3 Hilltop Rd
$415,000
● House - Off Market

3 Hilltop Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,293 Ft²
$874,064
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

Nothing to do but move in this renovated 3 bedroom ranch. Beautiful new kitchen with off white maple cabinets, granite counters and stainless Bosch appliances! This home features an open concept fireplace living/ dining combination. Bright and sunny sun room off kitchen and a brand new deck to private level yard. Updated bath, refinished hardwood floors, new septic, new windows, new electrical 200 amp service, and new central air! Finished room in the basement makes a perfect family room.
Unit Size
1,293 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$325
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1952

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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: 5 months ago (MLSPIN #71448546)

Price History

Date / Event Date Event Price
Dec 28, 2012 Sold
Premium
Sold
Oct 17, 2012 Listed by RE/MAX Leading Edge $419,900
Listed by RE/MAX Leading Edge
Jul 31, 2012 Sold
Premium
Sold
Dec 3, 2011 Listed by RE/MAX Leading Edge $359,900
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 15
  • 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: 1,467
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,400
  • Total Building Area: 1,907
  • Gross Building Area: 3,370
  • Building Area: 1,907
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,907
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS MCGRATH
  • Land Acres: 0000000583
  • 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: RD

Geography

  • District: 164
  • Parcel: LYNF M:0010 B:0000 L:0638
  • Lot: 638
  • Municipality: LYNNFIELD
  • Latitude: 42.5604
  • Longitude: -71.0656

    Address

  • Full Address: 3 Hilltop Rd
  • Address - House Number: 3
  • Address - Street Name: Hilltop
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1610
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $848,900

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 980,855
  • High Value: 1,125,810
  • Low Value: 835,901

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $807,700
  • Assessed Land Value: $482,100
  • Assessed Improvements Value: $325,600

    Sales

  • Current Sale Recording Date: Dec 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 31, 2012
  • Previous Sale Amount: $305,000
  • 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:

$999,498

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

48.4 years

Currently For Sale

25 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71448546

Frequently Asked Questions

When was property at 3 Hilltop Road built and last sold?
The property at 3 Hilltop Road was built in 1952 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Hilltop Road is $431,313.
What are some comparable homes to 3 Hilltop Road?
There are currently no comparable homes to 3 Hilltop Road.
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