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Hampden 01011
68 Lynes Road
Photo of 68 Lynes Road
Sold on May 4, 2009

1

Map

$145,000
● Land - Off Market

68 Lynes Road

Chester, MA 01011
bedrooms
Studio
bathrooms
0 Bath
$362,932
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

Lovely estate size property consists of two parcels totaling 75 acres.  Of the 57+ acres for your home, barns, pasture and gardens approx. 6 cleared acres are planted with grass and clover.  Perc test done, well drilled, rock walls and rough driveway in place.  Views possible with some additional clearing.  Smaller 17+ acre parcel has potential as a building lot for caretaker's home or use as a wood lot.  Located on a quiet country lane with a brook at the far back boundary.
Unit Size
-
Days on Market
-
Land Size
75.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$174
HOA Dues
-
Year Built
2009

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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 #70762350)

Price History

Date / Event Date Event Price
May 4, 2009 Sold
Premium
Sold
May 15, 2008 Listed $175,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,513,412
  • Total Building Area: 3,336
  • Building Area: 3,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,336
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000057700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gateway School District
  • Census Tract: 813001

Zoning

  • Zoning: AR

Geography

  • District: 59
  • Parcel: CHES M:406.0 B:0032 P:0003.0
  • Block: 32
  • Municipality: CHESTER
  • Latitude: 42.3187
  • Longitude: -72.9768

    Address

  • Full Address: 68 Lynes Rd
  • Address - House Number: 68
  • Address - Street Name: Lynes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Chester
  • Carrier Code: R002
  • 4-Digit Zip Code: 9679
  • Zip Code: 01011

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,157,300

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 606,943
  • High Value: 696,050
  • Low Value: 517,836

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $677,600
  • Assessed Land Value: $160,500
  • Assessed Improvements Value: $517,100

    Sales

  • Current Sale Recording Date: May 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28236
  • Previous Sale Recording Date: May 30, 2008
  • 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 Hampden

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$228

Above Asking

0.73%

Average Days on Market

54

Average Home Size

2121 ft²

Average Home Age

79.4 years

Currently For Sale

848 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# 70762350

Frequently Asked Questions

When was property at 68 Lynes Road built and last sold?
The property at 68 Lynes Road was built in 2009 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 68 Lynes Road is $176,750.
What are some comparable homes to 68 Lynes Road?
There are currently no comparable homes to 68 Lynes Road.
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