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Lynnfield 01940
5 Glen Drive
$525,500
● House - Off Market

5 Glen Drive

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,405 Ft²
$1,313,080
RealtyHop Estimate
152.56%
Since Jul 1, 2001
MA-Boston
Primary Model

About This Property

24 HR NOTICE FOR SHOWINGS - WEEKDAYS - TITLE V CERTIFIED
Unit Size
2,405 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$216
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1966

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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: 4 years ago (MLSPIN #30494259)

Price History

Date / Event Date Event Price
Jun 14, 2001 Sold
Premium
Sold
Apr 12, 2001 Listed by Northrup Associates $519,900
Listed by Northrup Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 2,250
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,069
  • Total Building Area: 2,496
  • Gross Building Area: 4,449
  • Building Area: 2,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH HILL
  • Land Acres: 0000001379
  • 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: RD

Geography

  • District: 164
  • Parcel: LYNF M:0011 B:0000 L:0676
  • Lot: 676
  • Municipality: LYNNFIELD
  • Latitude: 42.5597
  • Longitude: -71.0538

    Address

  • Full Address: 5 Glen Dr
  • Address - House Number: 5
  • Address - Street Name: Glen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1056
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,190,700

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,170,071
  • High Value: 1,367,842
  • Low Value: 972,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,132,900
  • Assessed Land Value: $751,700
  • Assessed Improvements Value: $381,200

    Sales

  • Current Sale Recording Date: Jun 14, 2001
  • 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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

41.7 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30494259

Frequently Asked Questions

When was property at 5 Glen Drive built and last sold?
The property at 5 Glen Drive was built in 1966 and last sold on Jan 1, 1970 for $525,500.
How much is this home worth?
The estimated value of the home located at 5 Glen Drive is $549,724.
What are some comparable homes to 5 Glen Drive?
There are currently no comparable homes to 5 Glen Drive.
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