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Lynnfield 01940
6 New Meadow Road
$760,000
● House - Off Market

6 New Meadow Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,366 Ft²
$1,068,830
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

COME HOME to 6 NEW MEADOW ROAD !  This EXPANDED CAPE with FULL SHED DORMER & 2 CAR GARAGE is on a tree-lined street & in MOVE IN CONDITION boasting FABULOUS OPEN FLOOR PLAN for TODAY'S LIFESTYLE!  Entertaining will be a breeze in your SPECTACULAR DESIGNER KITCHEN with 6 BURNER VIKING RANGE, 13 foot ISLAND with breakfast bar, GRANITE  and MARBLE COUNTERS, STAINLESS APPLIANCES open to SPACIOUS LIVING ROOM w FIREPLACE & PICTURE WINDOW.  Enjoy this summer in the GORGEOUS PRIVATE BACKYARD with TWO TIERED DECK and GUNITE IN GROUND POOL.  There is an abundance of space with FOUR BEDROOMS and a HOME OFFICE plus TWO ROOMS and BATH in FINISHED LOWER LEVEL. Close to TOWN, MARKETSTREET, SCHOOLS, & MAJOR ROUTES.
Unit Size
2,366 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$317
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
1962

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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: 5 months ago (MLSPIN #72512024)

Price History

Date / Event Date Event Price
Jul 25, 2019 Sold
Premium
Sold
Jun 4, 2019 Listed by LAER Realty Partners $749,900
Listed by LAER Realty Partners
Apr 13, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,920
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 2,520
  • Gross Building Area: 4,442
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEFIELD LYNNFIELD
  • Land Acres: 0000000689
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:0673
  • Lot: 673
  • Municipality: LYNNFIELD
  • Latitude: 42.5323
  • Longitude: -71.0668

    Address

  • Full Address: 6 New Meadow Rd
  • Address - House Number: 6
  • Address - Street Name: New Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2520
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,051,600

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,128,726
  • High Value: 1,321,541
  • Low Value: 935,911

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,000,600
  • Assessed Land Value: $612,100
  • Assessed Improvements Value: $388,500

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190725003960
  • Previous Sale Recording Date: Apr 13, 2007
  • Previous Sale Amount: $525,000
  • 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72512024

Frequently Asked Questions

When was property at 6 New Meadow Road built and last sold?
The property at 6 New Meadow Road was built in 1962 and last sold on Jul 19, 2019 for $760,000.
How much is this home worth?
The estimated value of the home located at 6 New Meadow Road is $770,560.
What are some comparable homes to 6 New Meadow Road?
There are currently no comparable homes to 6 New Meadow Road.
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