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Lynnfield 01940
593 Lowell Street
$440,000
● House - Off Market

593 Lowell Street

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,321 Ft²
$1,033,901
RealtyHop Estimate
111.43%
Since Feb 1, 2010
MA-Boston
Primary Model

About This Property

...ON OVER AN ACRE OF LAND sits this Classic 4 BR (circa 1825) Antique Colonial. New Garage roof & repairs, extensive basement work and more have been recently completed! Set back from the road on this amazing lot this home has been meticulously maintained. If you are an antique lover, don't miss this opportunity. Just sit in your 23x14 screened in porch and enjoy the privacy that this property offers!
Unit Size
2,321 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$211
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1820

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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: 6 months ago (MLSPIN #70883838)

Price History

Date / Event Date Event Price
Jan 29, 2010 Sold
Premium
Sold
Mar 1, 2009 Listed by Northrup Associates $489,000
Listed by Northrup Associates
Aug 11, 1998 Sold
Premium
Sold
Apr 8, 1998 Listed by Northrup Associates $364,900
Listed by Northrup Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 630
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,274
  • Total Building Area: 2,321
  • Gross Building Area: 4,117
  • Building Area: 2,321
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,321
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD
  • Land Acres: 0000001384
  • 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:1173
  • Lot: 1173
  • Municipality: LYNNFIELD
  • Latitude: 42.5583
  • Longitude: -71.0573

    Address

  • Full Address: 593 Lowell St
  • Address - House Number: 593
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1645
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,128,100

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 905,376
  • High Value: 1,089,006
  • Low Value: 721,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,073,400
  • Assessed Land Value: $712,900
  • Assessed Improvements Value: $360,500

    Sales

  • Current Sale Recording Date: Jan 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 11, 1998
  • Previous Sale Amount: $360,000
  • 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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3879 ft²

Average Home Age

42.2 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70883838

Frequently Asked Questions

When was property at 593 Lowell Street built and last sold?
The property at 593 Lowell Street was built in 1820 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 593 Lowell Street is $511,288.
What are some comparable homes to 593 Lowell Street?
There are currently no comparable homes to 593 Lowell Street.
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