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Lynnfield 01940
6 Ivanhoe Dr
$870,000
● House - Off Market

6 Ivanhoe Dr

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,324 Ft²
$821,821
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Charming split entry style home in Lynnfield on cul-de-sac with 3 bedrooms, 2.5 bathrooms and 2 car attached garage. Enjoy two floors of sunny living space with spacious rooms throughout. Perfect for family living and entertaining. Walk-in to spacious foyer that opens to living room with fireplace, w/sconces and picture window. Large master bedroom with 2 other spacious rooms. Formal dining room and kitchen w/ back door entry that walks out to a private patio. Kitchen features an island with stainless-steel appliances, dining area and lots of sunlight, overlooking expansive deck and private yard W/ storage shed. The lower level offers a bonus room w/ a cozy den that can be used as an office or rec room, laundry, a 1/2 bath, and an additional media room. This home has so much to offer. A true must see.
Unit Size
2,324 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$344
Property Type
House
Property Taxes
$729
HOA Dues
-
Year Built
1972

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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 months ago (MLSPIN #72980994)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
May 12, 2022 Listed by Coldwell Banker Realty - Lynnfield $799,000
Listed by Coldwell Banker Realty - Lynnfield
Nov 5, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,820
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,779
  • Total Building Area: 2,324
  • Gross Building Area: 2,908
  • Building Area: 2,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,324
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000431
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0020 B:0000 L:2175
  • Lot: 2175
  • Municipality: LYNNFIELD
  • Latitude: 42.5457
  • Longitude: -71.0391

    Address

  • Full Address: 6 Ivanhoe Dr
  • Address - House Number: 6
  • Address - Street Name: Ivanhoe
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 1739
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $891,500

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 946,803
  • High Value: 1,108,789
  • Low Value: 784,818

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $848,200
  • Assessed Land Value: $543,300
  • Assessed Improvements Value: $304,900

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220721003370
  • Previous Sale Recording Date: Nov 05, 2001
  • Previous Sale Amount: $475,000
  • 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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3644 ft²

Average Home Age

48.9 years

Currently For Sale

18 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: 4 months ago
Data Source: MLS PIN, MLS# 72980994

Frequently Asked Questions

When was property at 6 Ivanhoe Drive built and last sold?
The property at 6 Ivanhoe Drive was built in 1972 and last sold on Jul 21, 2022 for $870,000.
How much is this home worth?
The estimated value of the home located at 6 Ivanhoe Drive is $823,007.
What are some comparable homes to 6 Ivanhoe Drive?
There are currently no comparable homes to 6 Ivanhoe Drive.
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