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Lynnfield 01940
60 Howard Avenue
$730,000
● House - Off Market

60 Howard Avenue

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,928 Ft²
$4,366
Est. Monthly

About This Property

LOCATION,LOCATION!  super nice neighborhood!! Classic New England style Cape Located in the heart of Lynnfield Center on a quiet side street within walking distance to the SUMMER STREET SCHOOL, the High School, Middle school, library and center stores. This lovely home has a front to back fireplaced living room, dining area, office and bedroom on the first floor.  Second floor has two large bedrooms with great potential for an additional bathroom by adding a dormer. The lower level has a finished playroom and a work room on the opposite side.  The basement is dry and waterproofed.  Backyard is AMAZING with a 20 X 24 TREX Deck, Wooden Play set and nice level yard.  One car attached garage!   TITLE V for 3 bedrooms.
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$398
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1953

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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 months ago (MLSPIN #73296342)

Price History

Date / Event Date Event Price
Nov 18, 2024 Sold
Premium
Sold
Oct 16, 2024 In contract -
In contract
Sep 30, 2024 Listed by Coldwell Banker Realty - Lynnfield $767,500
Listed by Coldwell Banker Realty - Lynnfield
Jan 6, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 858
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,036
  • Total Building Area: 1,585
  • Gross Building Area: 3,281
  • Building Area: 1,585
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,585
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: RA1

Geography

  • District: 164
  • Parcel: LYNF M:0024 B:0000 L:2473
  • Lot: 2473
  • Municipality: LYNNFIELD
  • Latitude: 42.5391
  • Longitude: -71.0464

    Address

  • Full Address: 60 Howard Ave
  • Address - House Number: 60
  • Address - Street Name: Howard
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1812
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $716,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 792,495
  • High Value: 917,673
  • Low Value: 667,317

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,600
  • Assessed Land Value: $492,500
  • Assessed Improvements Value: $189,100

    Sales

  • Current Sale Recording Date: Jan 06, 1987
  • Current Sale Price:
    Premium
  • Current 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:

$999,995

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

53

Average Home Size

3491 ft²

Average Home Age

47.6 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 73296342

Frequently Asked Questions

When was property at 60 Howard Avenue built and last sold?
The property at 60 Howard Avenue was built in 1953 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 60 Howard Avenue is $783,671.
What are some comparable homes to 60 Howard Avenue?
There are currently no comparable homes to 60 Howard Avenue.
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