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Lynnfield 01940
7 Sparhawk Drive
Photo of 7 Sparhawk Drive
Sold on May 19, 2008

1

Map

$501,100
● House - Off Market

7 Sparhawk Drive

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,909 Ft²
$1,045,335
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

Brick front Geordian split fireplaced living room, all hardwood floors. Many updates such as roof, heat, doors and windows. Private lot with inground granite pool. Million dollar neighborhood.
Unit Size
1,909 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$278
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1969

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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: 4 months ago (MLSPIN #70721891)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
May 20, 2021 Listed $799,900
Listed
May 19, 2008 Sold
Premium
Sold
Mar 4, 2008 Listed $529,900
Listed
Sep 25, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,863
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 30,130
  • Total Building Area: 1,909
  • Gross Building Area: 2,978
  • Building Area: 1,909
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,909
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIARWOOD ESTATES SHEET 02
  • Land Acres: 0000000692
  • 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: RB

Geography

  • District: 164
  • Parcel: LYNF M:0054 B:0000 L:1212
  • Lot: 1212
  • Municipality: LYNNFIELD
  • Latitude: 42.5097
  • Longitude: -71.0301

    Address

  • Full Address: 7 Sparhawk Dr
  • Address - House Number: 7
  • Address - Street Name: Sparhawk
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 2623
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $965,800

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,017,015
  • High Value: 1,190,747
  • Low Value: 843,284

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $918,900
  • Assessed Land Value: $612,200
  • Assessed Improvements Value: $306,700

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210916002120
  • Previous Sale Recording Date: May 19, 2008
  • Previous Sale Amount: $501,100
  • 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:

$999,500

Sale Price/ft²

$404

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3553 ft²

Average Home Age

49.5 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 70721891

Frequently Asked Questions

When was property at 7 Sparhawk Drive built and last sold?
The property at 7 Sparhawk Drive was built in 1969 and last sold on Sep 16, 2021 for $925,000.
How much is this home worth?
The estimated value of the home located at 7 Sparhawk Drive is $805,448.
What are some comparable homes to 7 Sparhawk Drive?
There are currently no comparable homes to 7 Sparhawk Drive.
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