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Lynnfield 01940
33 Fairview Avenue
$588,000
● House - Off Market

33 Fairview Avenue

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,630 Ft²
$652,949
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Diamond in Rough!....Charming brick Colonial has so much potential to make it your own.  The Front charming porch is surrounded by windows. The Fireplace Family Room is a nice size of 19 X 12.  The eat-in kitchen is open to Dining Room.  The Sunroom is located off the kitchen.  Two good size bedrooms on the first floor.  Upstairs has two more bedrooms with hardwood floors and an unfinished room waiting to be finished.  The lower level has access to a one car garage. Updated Windows, Hardwood Floors, Moldings, Easy Access to all Major Highways!Property being sold in AS IS CONDITION
Unit Size
1,630 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$350
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #72848321)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by Cameron Real Estate Group $569,900
Listed by Cameron Real Estate Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,702
  • Total Building Area: 1,630
  • Gross Building Area: 3,828
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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:0053 B:0000 L:0194
  • Lot: 194
  • Municipality: LYNNFIELD
  • Latitude: 42.5154
  • Longitude: -70.9976

    Address

  • Full Address: 33 Fairview Ave
  • Address - House Number: 33
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1505
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,000

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 688,677
  • High Value: 832,490
  • Low Value: 544,865

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,600
  • Assessed Land Value: $407,400
  • Assessed Improvements Value: $188,200

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210728003960
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

$403

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3719 ft²

Average Home Age

51.5 years

Currently For Sale

22 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: 5 years ago
Data Source: MLS PIN, MLS# 72848321

Frequently Asked Questions

When was property at 33 Fairview Avenue built and last sold?
The property at 33 Fairview Avenue was built in 1930 and last sold on Jul 28, 2021 for $588,000.
How much is this home worth?
The estimated value of the home located at 33 Fairview Avenue is $0.
What are some comparable homes to 33 Fairview Avenue?
There are currently no comparable homes to 33 Fairview Avenue.
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