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Lynnfield 01940
6 Tree Top Ln
$650,000
● House - Off Market

6 Tree Top Ln

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,938 Ft²
$1,124,530
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Spacious Cape featuring 8 rooms, 4 full, one half bath, 3-4 additional rooms on lower level, ideal for extended family, central air, central vac,Large Maple and granite kitchen, gas heat and gas cooking, 6 zone heating system
Unit Size
2,938 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$230
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1986

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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 #71967937)

Price History

Date / Event Date Event Price
Aug 19, 2016 Sold
Premium
Sold
Mar 6, 2016 Listed by Coldwell Banker Residential Brokerage - Lynnfield $674,999
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 1,784
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,286
  • Total Building Area: 4,187
  • Gross Building Area: 6,672
  • Building Area: 4,187
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,187
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000626
  • 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:0053 B:0000 L:2717
  • Lot: 2717
  • Municipality: LYNNFIELD
  • Latitude: 42.5124
  • Longitude: -70.9894

    Address

  • Full Address: 6 Tree Top Ln
  • Address - House Number: 6
  • Address - Street Name: Tree Top
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1569
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $953,800

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,053,552
  • High Value: 1,217,239
  • Low Value: 889,864

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $907,500
  • Assessed Land Value: $490,900
  • Assessed Improvements Value: $416,600

    Sales

  • Current Sale Contract Date: Aug 09, 2016
  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 574505
  • Previous Sale Recording Date: Jul 08, 2013
  • 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

3762 ft²

Average Home Age

44.7 years

Currently For Sale

20 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 months ago
Data Source: MLS PIN, MLS# 71967937

Frequently Asked Questions

When was property at 6 Treetop Lane built and last sold?
The property at 6 Treetop Lane was built in 1986 and last sold on Aug 9, 2016 for $650,000.
How much is this home worth?
The estimated value of the home located at 6 Treetop Lane is $707,722.
What are some comparable homes to 6 Treetop Lane?
There are currently no comparable homes to 6 Treetop Lane.
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