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Lynnfield 01940
4 Tapely Road
$518,000
● House - Off Market

4 Tapely Road

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,361 Ft²
$1,032,610
RealtyHop Estimate
94.87%
Since Apr 1, 2004
MA-Boston
Primary Model

About This Property

9RM RANCH IN PRISTINE CONDITION. STATE OF THE ART KITCHEN, FORMAL DIN RM, LARGE FP LIVING RM W/BAY WINDOW, LARGE MASTER BDRM W/ FULL BATH, LL GAME RM WITH 1/2 BATH. SUBJECT TO SELLER FINDING SUITALBE HOUSING.
Unit Size
1,361 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$389
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1949

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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 #30778790)

Price History

Date / Event Date Event Price
Mar 31, 2004 Sold
Premium
Sold
Oct 9, 2003 Listed by Coldwell Banker Residential Brokerage - Lynnfield $529,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Aug 29, 1996 Sold
Premium
Sold
Jul 10, 1996 Listed by Coldwell Banker Residential Brokerage - Lynnfield $229,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,063
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,261
  • Total Building Area: 3,223
  • Gross Building Area: 4,789
  • Building Area: 3,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,223
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000695
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0012 B:0000 L:2251
  • Lot: 2251
  • Municipality: LYNNFIELD
  • Latitude: 42.556
  • Longitude: -71.0498

    Address

  • Full Address: 4 Tapley Rd
  • Address - House Number: 4
  • Address - Street Name: Tapley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1018
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,123,300

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,178,366
  • High Value: 1,377,539
  • Low Value: 979,193

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,068,800
  • Assessed Land Value: $613,300
  • Assessed Improvements Value: $455,500

    Sales

  • Current Sale Recording Date: Mar 31, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 29, 1996
  • Previous Sale Amount: $222,000
  • Previous 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:

$999,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

54

Average Home Size

3633 ft²

Average Home Age

50.6 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 30778790

Frequently Asked Questions

When was property at 4 Tapley Road built and last sold?
The property at 4 Tapley Road was built in 1949 and last sold on Jan 1, 1970 for $518,000.
How much is this home worth?
The estimated value of the home located at 4 Tapley Road is $526,452.
What are some comparable homes to 4 Tapley Road?
There are currently no comparable homes to 4 Tapley Road.
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