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Lynnfield 01940
7 Winchester Drive
Photo of 7 Winchester Drive
Sold on May 28, 2010

1

Map

$570,000
● House - Off Market

7 Winchester Drive

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,865 Ft²
$1,176,297
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

Lovely 10 room Colonial located on quiet cul-de-sac. New custom granite/stainless steel kitchen with wine cooler. Kitchen/dining room open concept. 4 bedroom 2 full/2 half baths. Hardwood floors. Welcoming foyer. First floor office w/built ins. Fireplaced living room and play room. Dressing area in master bedroom. 3/4+ acre lot abutting conservation land. Walk out to patio and back yard from lower level. Inlaw or aupair potential. 3 season porch. 2 car garage. Very private setting
Unit Size
2,865 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$202
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1948

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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: 2 years ago (MLSPIN #71049132)

Price History

Date / Event Date Event Price
May 28, 2010 Sold
Premium
Sold
Mar 17, 2010 Listed $579,900
Listed
Nov 30, 2000 Sold
Premium
Sold
May 18, 2000 Listed $429,900
Listed
NEW PRICE 10 ROOM COLONIAL ON QUIET CUL-DE-SAC TITLE V CERT. 4 BR, 2/2 BTH, 1ST FL OFFICE,3 SEASON PORCH,2 FIREPLACES EAT-IN KITCHEN,WALK OUT LOWER LEVEL,OVERSIZED 2 CAR GARAGE H/W FLRS,NEWER ROOF & HEAT,3/4+ PRIVATE LOT

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 3
  • Basement Area: 1,543
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,970
  • Total Building Area: 3,355
  • Gross Building Area: 5,084
  • Building Area: 3,355
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,355
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000803
  • 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:0051 B:0000 L:2585
  • Lot: 2585
  • Municipality: LYNNFIELD
  • Latitude: 42.5114
  • Longitude: -71.0181

    Address

  • Full Address: 7 Winchester Dr
  • Address - House Number: 7
  • Address - Street Name: Winchester
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 2301
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,082,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,207,401
  • High Value: 1,398,115
  • Low Value: 1,016,687

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,030,100
  • Assessed Land Value: $613,200
  • Assessed Improvements Value: $416,900

    Sales

  • Current Sale Recording Date: May 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 509635
  • Previous Sale Recording Date: May 28, 2010
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 48
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

3644 ft²

Average Home Age

48.9 years

Currently For Sale

18 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: 2 years ago
Data Source: MLS PIN, MLS# 71049132

Frequently Asked Questions

When was property at 7 Winchester Drive built and last sold?
The property at 7 Winchester Drive was built in 1948 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 7 Winchester Drive is $614,565.
What are some comparable homes to 7 Winchester Drive?
There are currently no comparable homes to 7 Winchester Drive.
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