$1,329,999
●
House -
In Contract
48 Locksley Rd
Lynnfield, MA 01940
3 Beds
3 Baths
2,581 Ft²
$69,948
Est. Monthly
About This Property
What a beautiful place to call home. The private back yard
facing Suntaug Lake is the perfect canvas for outdoor entertaining.
Thoughtful landscaping, upper and lower patios and expansive
views will help you great each day in nature. This home looks
demure from the curb but the inside space offers so much
opportunity to build a floor plan that will cater to the views and
allow for todays lifestyle. The sunfilled Dining, Living Room &
handsome home office all face the grounds and lake. What beautiful
spaces to eat, entertain and work! Upstairs A generous
primary ensuite with dressing area, steam shower and cedar closet.
2 additional bedrooms and a full bath complete the 2nd
level. Full unfinished walkout basement with fireplace offers
additional living space for gym, or game room or both. Live
like your on vacation every day yet 13 miles to Boston and 2 miles
to Market St. shops and restaurants. Lynnfield offers excellent
schools and easy access to RTE 128/95/93. Lakefront potential
meets instant equity. Showings begin at 1st OH FRIDAY 4p-530p.
Floorplans coming...
Unit Size
2,581 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$515
Property Type
House
Property Taxes
$63,417
HOA Dues
-
Year Built
1952
Listed By
Louise Touchette Team
Coldwell Banker Realty - Lynnfield
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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: 13 days ago (MLSPIN #73575007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Coldwell Banker Realty - Lynnfield | $1,329,999 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| Apr 15, 2005 | Sold | ||
| Sold | |||
| Jan 4, 2005 | Listed by Coldwell Banker Realty - Lynnfield | $749,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Paved
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 3
Interior Features: Home Office, Den
Appliances: Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 9
Has Fireplace
Fireplaces: 2
Basement: Full, Partially Finished
Exterior Details
Square Footage: 2581
Security Features: Security System
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1952
Waterfront Features: Waterfront, Lake Front
Building Area Total: 2581
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lot Features: Wooded
Lot Size Area: 0.92
Lot Size Units: Acres
Lot Size Acres: 0.92
Lot Size Square Feet: 40001
Water Source: Public
Financial Details
Tax Assessed Value: $1,160,300
Tax Annual Amount: $761,000
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Baseboard, Oil
Sewer : Private Sewer
Building Info
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