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Lynnfield 01940
35 Edwards Avenue
Photo of 35 Edwards Avenue
Sold on Oct 6, 2009

1

Map

$393,600
● House - Off Market

35 Edwards Avenue

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,586 Ft²
$831,666
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Here is an opportunity to own a home in a great area near all major routes and offering privacy of the finest kind. Built in 1950 this 3 bedroom Ranch with one car garage has received extra care.  Outstanding manicured fenced in yard with space to expand wherever you would like.  Modernization of your choice in an area accommodating any updating you do.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$252
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #70952902)

Price History

Date / Event Date Event Price
Oct 6, 2009 Sold
Premium
Sold
Jul 27, 2009 Listed $400,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,732
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,624
  • Total Building Area: 1,622
  • Gross Building Area: 2,656
  • Building Area: 1,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,622
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD AVE LYNNFIELD ACRES
  • Land Acres: 0000000244
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:1141
  • Lot: 1141
  • Municipality: LYNNFIELD
  • Latitude: 42.5314
  • Longitude: -71.0708

    Address

  • Full Address: 35 Edward Ave
  • Address - House Number: 35
  • Address - Street Name: Edward
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2504
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $787,400

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 834,326
  • High Value: 961,272
  • Low Value: 707,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $749,200
  • Assessed Land Value: $522,000
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Recording Date: Oct 06, 2009
  • 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:

$999,995

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3525 ft²

Average Home Age

50.2 years

Currently For Sale

26 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70952902

Frequently Asked Questions

When was property at 35 Edward Avenue built and last sold?
The property at 35 Edward Avenue was built in 1950 and last sold on Jan 1, 1970 for $393,600.
How much is this home worth?
The estimated value of the home located at 35 Edward Avenue is $421,117.
What are some comparable homes to 35 Edward Avenue?
There are currently no comparable homes to 35 Edward Avenue.
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