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Lynnfield 01940
36 Alexandra Road
$900,000
● House - Off Market

36 Alexandra Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
5,423 Ft²
$6,441
Est. Monthly

About This Property

This 4-bedroom, 2-bathroom contemporary home is nestled on a peaceful cul-de-sac at 36 Alexandra Road in Lynnfield, MA. Located just moments away from Lynnfield Market Place, this property offers a rare combination of convenience and privacy. Situated on a sprawling 5.88-acre lot, the potential for expansion and outdoor enjoyment is limitless. While the home is in need of some improvements, its open and spacious layout, coupled with the picturesque surroundings, presents an incredible opportunity to create your dream residence in a coveted location. Embrace the possibilities of this idyllic suburban retreat, and make it your own.
Unit Size
5,423 Ft²
Days on Market
-
Land Size
5.88 acres
Price per sqft
$202
Property Type
House
Property Taxes
$1,064
HOA Dues
-
Year Built
1984

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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 #73169675)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Oct 12, 2023 Listed by Engel & Volkers By the Sea $1,095,000
Listed by Engel & Volkers By the Sea
Nov 3, 2016 Sold
Premium
Sold
Oct 24, 2014 Sold
Premium
Sold
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 3
  • Basement Area: 1,386
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 256,076
  • Total Building Area: 5,052
  • Gross Building Area: 7,968
  • Building Area: 5,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005879
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0051 B:0000 L:0196
  • Lot: 196
  • Municipality: LYNNFIELD
  • Latitude: 42.5155
  • Longitude: -71.0233

    Address

  • Full Address: 36 Alexandra Rd
  • Address - House Number: 36
  • Address - Street Name: Alexandra
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2651
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,268,800

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,224,662
  • High Value: 1,413,999
  • Low Value: 1,035,325

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,207,200
  • Assessed Land Value: $634,300
  • Assessed Improvements Value: $572,900

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20231201002110
  • Previous Sale Recording Date: Nov 03, 2016
  • Previous Sale Amount: $750,000
  • 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

$401

Below Asking

0.02%

Average Days on Market

53

Average Home Size

3554 ft²

Average Home Age

47.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73169675

Frequently Asked Questions

When was property at 36 Alexandra Road built and last sold?
The property at 36 Alexandra Road was built in 1984 and last sold on Dec 1, 2023 for $900,000.
How much is this home worth?
The estimated value of the home located at 36 Alexandra Road is $1,150,825.
What are some comparable homes to 36 Alexandra Road?
There are currently no comparable homes to 36 Alexandra Road.
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