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Lynnfield 01940
4 Nottingham Road
$472,350
● House - Off Market

4 Nottingham Road

Lynnfield, MA 01940
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,204 Ft²
$739,946
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Great opportunity in desirable Sherwood Forest neighborhood. Sun filled two bedroom, 1.5 bath ranch on lovely 12000 sq. ft. lot. Newly refinished hardwood floors and freshly painted interior offer a blank canvas for your finishes. Spacious living room with fireplace is great for entertaining. Large picture windows bring the outdoors in. Easy access to  routes 1 and 128 and nearby Market Street shopping and dining. New 2 bedroom septic June 2018.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$415
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #72359708)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Sep 20, 2018 Sold
Premium
Sold
Jul 10, 2018 Listed by Premier Realty Group, Inc. $499,900
Listed by Premier Realty Group, Inc.
Jul 27, 1995 Sold
Premium
Sold
Apr 6, 1995 Listed by Premier Realty Group, Inc. $246,000
Listed by Premier Realty Group, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,204
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,101
  • Total Building Area: 1,204
  • Gross Building Area: 2,857
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • 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:0046 B:0000 L:2131
  • Lot: 2131
  • Municipality: LYNNFIELD
  • Latitude: 42.5193
  • Longitude: -71.0122

    Address

  • Full Address: 4 Nottingham Rd
  • Address - House Number: 4
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2212
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $756,100

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 814,511
  • High Value: 953,597
  • Low Value: 675,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $719,400
  • Assessed Land Value: $528,900
  • Assessed Improvements Value: $190,500

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 647944
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Amount: $472,350
  • 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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3553 ft²

Average Home Age

49.5 years

Currently For Sale

19 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72359708

Frequently Asked Questions

When was property at 4 Nottingham Road built and last sold?
The property at 4 Nottingham Road was built in 1953 and last sold on Nov 3, 2023 for $795,000.
How much is this home worth?
The estimated value of the home located at 4 Nottingham Road is $496,862.
What are some comparable homes to 4 Nottingham Road?
There are currently no comparable homes to 4 Nottingham Road.
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