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Lynnfield 01940
636 Main Street
$782,000
● House - Off Market

636 Main Street

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,626 Ft²
$1,332,057
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

RARE "one of a kind" ANTIQUE COLONIAL complete with two room potential inlaw or home office with separate entrance.  Center entrance Colonial has antique charm with today's amenities, huge great room with beamed ceiling.  Updated kitchen with vaulted beamed ceiling in dining area, original lovely wide pine floors in upstairs and two front rooms, hardwood in most others, mostly newer Andersen windows, 4 BR, 2.5 updated baths, 2 fireplaces, updated kitchen, first floor den, family room and laundry.  Central air, added insulation, 2013 roof and freshly painted. Tons of character and part of Lynnfield's historical charm with large, level lot and set back from the street.
Unit Size
3,626 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$221
Property Type
House
Property Taxes
$751
HOA Dues
-
Year Built
1809

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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 #72003655)

Price History

Date / Event Date Event Price
Sep 9, 2016 Sold
Premium
Sold
May 11, 2016 Listed by Northrup Associates $799,900
Listed by Northrup Associates
Feb 14, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1809
  • Effective Year Built: 1809
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 27
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,302
  • Total Building Area: 3,626
  • Gross Building Area: 5,450
  • Building Area: 3,626
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,626
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD
  • Land Acres: 0000000719
  • 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:1568
  • Lot: 1568
  • Municipality: LYNNFIELD
  • Latitude: 42.5406
  • Longitude: -71.0489

    Address

  • Full Address: 636 Main St
  • Address - House Number: 636
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1751
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,209,700

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,276,987
  • High Value: 1,543,331
  • Low Value: 1,010,644

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,151,000
  • Assessed Land Value: $518,100
  • Assessed Improvements Value: $632,900

    Sales

  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69
  • Previous Sale Recording Date: Feb 14, 1996
  • Previous Sale Amount: $400,000
  • 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:

$999,995

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3588 ft²

Average Home Age

49.5 years

Currently For Sale

25 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# 72003655

Frequently Asked Questions

When was property at 636 Main Street built and last sold?
The property at 636 Main Street was built in 1809 and last sold on Jan 1, 1970 for $782,000.
How much is this home worth?
The estimated value of the home located at 636 Main Street is $840,030.
What are some comparable homes to 636 Main Street?
There are currently no comparable homes to 636 Main Street.
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