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Lynnfield 01940
6 Cider Mill Road
$480,000
● House - Off Market

6 Cider Mill Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,815,295
RealtyHop Estimate
270.54%
Since Aug 1, 1998
MA-Boston
Primary Model

About This Property

GRACIOUS MULTI LEVEL HOME IN APPLE HILL. UPDATED KITCHEN W/GRANITE COUNTERS. CENTRAL AIR, VACUUM, WELL, SPRINKLERS. MAGNIFICENT LANDSCAPED GROUNDS W/ 20X40 HEATED GUNITE POOL W/JACUZZI.
Unit Size
-
Days on Market
-
Land Size
1.03 acres
Price per sqft
-
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1967

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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 years ago (MLSPIN #30226468)

Price History

Date / Event Date Event Price
Jul 16, 2002 Sold
Premium
Sold
Jul 29, 1998 Sold
Premium
Sold
May 26, 1998 Listed by Nelson, Bromby & Assoc. Realty $489,900
Listed by Nelson, Bromby & Assoc. Realty

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 3,386
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 44,967
  • Total Building Area: 4,411
  • Gross Building Area: 6,220
  • Building Area: 4,411
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 4,411
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIDER MILL ROAD & ORCHARD LANE
  • Land Acres: 0000001032
  • 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:0016 B:0000 L:2353
  • Lot: 2353
  • Municipality: LYNNFIELD
  • Latitude: 42.5505
  • Longitude: -71.0473

    Address

  • Full Address: 6 Cider Mill Rd
  • Address - House Number: 6
  • Address - Street Name: Cider Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1132
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,328,500

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 1,433,565
  • High Value: 1,726,845
  • Low Value: 1,140,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,264,000
  • Assessed Land Value: $744,700
  • Assessed Improvements Value: $519,300

    Sales

  • Current Sale Recording Date: Jul 16, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 29, 1998
  • Previous Sale Amount: $480,000
  • 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30226468

Frequently Asked Questions

When was property at 6 Cider Mill Road built and last sold?
The property at 6 Cider Mill Road was built in 1967 and last sold on Jan 1, 1970 for $725,000.
How much is this home worth?
The estimated value of the home located at 6 Cider Mill Road is $494,799.
What are some comparable homes to 6 Cider Mill Road?
There are currently no comparable homes to 6 Cider Mill Road.
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