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Lynnfield 01940
31 Howard Ave
Photo of 31 Howard Ave
Sold on Aug 26, 2011

1

Map

$321,000
● House - Off Market

31 Howard Ave

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,357 Ft²
$702,966
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Bring your vision to this family home just waiting for a buyer's creative touch!  Sunny 4- Season Porch, Formal Diningroom, Fireplaced Familyroom, and Eat-in Kitchen.  Paint & updates will make this solid Colonial a great investment.  Convenient Center location on quiet side street. Walk to library,schools and Lynnfield Common.  Nice sized 18,144sq.ft. level lot with Barn.
Unit Size
1,357 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$250
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1895

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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: 2 months ago (MLSPIN #71220067)

Price History

Date / Event Date Event Price
Aug 26, 2011 Sold
Premium
Sold
Apr 21, 2011 Listed by Jonah REALTORS® $339,000
Listed by Jonah REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • 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: 16
  • 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: 770
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,112
  • Total Building Area: 1,357
  • Gross Building Area: 2,919
  • Building Area: 1,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,357
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COL MATTHEW ESTATE
  • Land Acres: 0000000416
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0024 B:0000 L:2499
  • Lot: 2499
  • Municipality: LYNNFIELD
  • Latitude: 42.5388
  • Longitude: -71.0454

    Address

  • Full Address: 31 Howard Ave
  • Address - House Number: 31
  • Address - Street Name: Howard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1811
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $772,800

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 741,468
  • High Value: 893,399
  • Low Value: 589,537

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,300
  • Assessed Land Value: $515,100
  • Assessed Improvements Value: $220,200

    Sales

  • Current Sale Recording Date: Aug 26, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 04, 2003
  • 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:

$999,998

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

54

Average Home Size

3689 ft²

Average Home Age

45.8 years

Currently For Sale

21 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71220067

Frequently Asked Questions

When was property at 31 Howard Avenue built and last sold?
The property at 31 Howard Avenue was built in 1895 and last sold on Jan 1, 1970 for $321,000.
How much is this home worth?
The estimated value of the home located at 31 Howard Avenue is $356,839.
What are some comparable homes to 31 Howard Avenue?
There are currently no comparable homes to 31 Howard Avenue.
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