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Lynnfield 01940
38 Pine Hill Road
Photo of 38 Pine Hill Road
Sold on Apr 21, 2011

1

Map

$432,000
● House - Off Market

38 Pine Hill Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,008 Ft²
$943,964
RealtyHop Estimate
112.17%
Since May 1, 2011
MA-Boston
Primary Model

About This Property

FANTASTIC NEIGHBORHOOD!  Be sure to see this 4 BR Colonial on a lovely tree-lined street.  Beautifully maintained, the home has a warm inviting feeling with every turn.   Fireplaced, gracious, large living room.  First floor family room.  Gorgeous & bright sunroom with cathedral ceiling and skylight opens to the patio and lovely back yard.  Hardwood floors.  NEWER FURNACE AND ELECTRIC SERVICE. Basement has a high ceiling and fireplace, just waiting to be finished by the new owner.  Welcome Home!
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$222
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1961

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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: 8 months ago (MLSPIN #71158146)

Price History

Date / Event Date Event Price
Apr 21, 2011 Sold
Premium
Sold
Nov 1, 2010 Listed by Coldwell Banker Residential Brokerage - Lynnfield $444,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,267
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,383
  • Total Building Area: 2,081
  • Gross Building Area: 3,028
  • Building Area: 2,081
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,081
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD
  • Land Acres: 0000000376
  • 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:0020 B:0000 L:0575
  • Lot: 575
  • Municipality: LYNNFIELD
  • Latitude: 42.5486
  • Longitude: -71.0428

    Address

  • Full Address: 38 Pine Hill Rd
  • Address - House Number: 38
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1126
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $900,300

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 978,585
  • High Value: 1,130,626
  • Low Value: 826,545

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $856,600
  • Assessed Land Value: $542,700
  • Assessed Improvements Value: $313,900

    Sales

  • Current Sale Recording Date: Apr 21, 2011
  • 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

56

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

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Last Updated: 8 months ago
Data Source: MLS PIN, MLS# 71158146

Frequently Asked Questions

When was property at 38 Pine Hill Road built and last sold?
The property at 38 Pine Hill Road was built in 1961 and last sold on Jan 1, 1970 for $432,000.
How much is this home worth?
The estimated value of the home located at 38 Pine Hill Road is $0.
What are some comparable homes to 38 Pine Hill Road?
There are currently no comparable homes to 38 Pine Hill Road.
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