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Lynnfield 01940
6 Edgemere Road
Photo of 6 Edgemere Road
Sold on Jan 11, 2005

1

Map

$530,000
● House - Off Market

6 Edgemere Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,350 Ft²
$979,905
RealtyHop Estimate
83.19%
Since Feb 1, 2005
MA-Boston
Primary Model

About This Property

Wndrfl 4 BR 2 BA w/ C/A in Sherwood Forest. Lvr w/ cth ceils, brck wall frpl, lrg frml dr, bright EIK. Hdwd flrs in lvr, dr, kit, master, fam rm. Blt ins in lvr & fam rm. Lg fam rm w/ cth ceils, skylghts, brck wall frpl. Master has wlk-ins & full bth. 3 brs & full bth on lower lvl. Wrkshp leads to lg 2 car gar w/ lots of strg. Perfect move in cndtn. Furnace rplcd in '00, drvwy '97 & roof '95. Min to Rt. 1 & 128. Superior school system. Not a drive by! Come & see for yourself. Motivated sellers.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$228
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1970

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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: 6 months ago (MLSPIN #70101855)

Price History

Date / Event Date Event Price
Jan 11, 2005 Sold
Premium
Sold
Oct 7, 2004 Listed $534,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 2,239
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,503
  • Total Building Area: 2,270
  • Gross Building Area: 3,070
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,270
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 209100

Zoning

  • Zoning: RA

Geography

  • District: 164
  • Parcel: LYNF M:0046 B:0000 L:0439
  • Lot: 439
  • Municipality: LYNNFIELD
  • Latitude: 42.5218
  • Longitude: -71.0174

    Address

  • Full Address: 6 Edgemere Rd
  • Address - House Number: 6
  • Address - Street Name: Edgemere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2208
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $887,400

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 930,588
  • High Value: 1,089,556
  • Low Value: 771,620

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $844,300
  • Assessed Land Value: $542,500
  • Assessed Improvements Value: $301,800

    Sales

  • Current Sale Recording Date: Mar 20, 2012
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 528800
  • Previous Sale Recording Date: Jan 11, 2005
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: 48
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# 70101855

Frequently Asked Questions

When was property at 6 Edgemere Road built and last sold?
The property at 6 Edgemere Road was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6 Edgemere Road is $563,231.
What are some comparable homes to 6 Edgemere Road?
There are currently no comparable homes to 6 Edgemere Road.
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