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Lynnfield 01940
633 Main Street
$530,000
● House - Off Market

633 Main Street

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,595 Ft²
$1,065,462
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

AMAZING!! THAT'S WHAT YOU WILL SAY WHEN YOU SEE THE TRANSFORMATION THIS HOME HAS UNDERGONE. TASTEFULLY PAINTED, NEWLY STAGED, AND BOASTING MAGNIFICENT HARD WOOD FLOORS IN JUST ABOUT EVERY ROOM! GONE ARE THE CARPETS THAT COVERED THESE FABULOUS FLOORS. LOADED WITH CHARACTER AND CHARM, IT BOASTS HIGH CEILINGS & VERY GENEROUSLY SIZED ROOMS THROUGHOUT. THE LAUNDRY IS ON THE 2ND FLOOR WITH THE TOTALLY "REFRESHED" BEDROOMS...WAIT TILL YOU SEE THEM!! THE KITCHEN & CABINETS HAVE BEEN PAINTED, AND THERE ARE NEW COUNTER TOPS AS WELL. THIS GREAT FAMILY HOME WILL ACCOMMODATE EVERYONE. NOW "MOVE IN" READY & WAITING FOR YOUR FINAL TOUCHES..KITCHEN & SUN ROOM OPEN TO THE DECK, TWO CAR GARAGE, NICE LEVEL, FENCED IN YARD, FULLY INSULATED, NEW HEATING SYSTEM, AND CONVENIENT TOWN CENTER LOCATION...IT'S TIME TO TAKE ANOTHER LOOK!
Unit Size
2,595 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$217
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1920

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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 #71565981)

Price History

Date / Event Date Event Price
Aug 30, 2013 Sold
Premium
Sold
Aug 6, 2013 Listed by RE/MAX Leading Edge $562,500
Listed by RE/MAX Leading Edge
Oct 17, 2005 Sold
Premium
Sold
Mar 15, 1999 Sold
Premium
Sold
Nov 10, 1998 Listed $359,000
Listed
LYNNFIELD CENTRE AREA - LARGE FOYER, TWO STAIRCASES, BUILT-INS, BEAMED FAMILYRM W' WD STOVE, FRENCH DOORS OFF OF LR & DR TO 31X10 SKYLIT SUNROOM. GREAT ENTERTAINING SPACE!
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,575
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,004
  • Total Building Area: 2,858
  • Gross Building Area: 4,815
  • Building Area: 2,858
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,858
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • 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:0024 B:0000 L:1687
  • Lot: 1687
  • Municipality: LYNNFIELD
  • Latitude: 42.5403
  • Longitude: -71.0481

    Address

  • Full Address: 633 Main St
  • Address - House Number: 633
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1725
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,001,083
  • High Value: 1,172,093
  • Low Value: 830,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $911,800
  • Assessed Land Value: $514,600
  • Assessed Improvements Value: $397,200

    Sales

  • Current Sale Recording Date: Aug 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 17, 2005
  • Previous Sale Amount: $685,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71565981

Frequently Asked Questions

When was property at 633 Main Street built and last sold?
The property at 633 Main Street was built in 1920 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 633 Main Street is $591,907.
What are some comparable homes to 633 Main Street?
There are currently no comparable homes to 633 Main Street.
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