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Lynnfield 01940
71 Crescent
$737,000
● House - Off Market

71 Crescent

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,800 Ft²
$1,075,583
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Pride of ownership in this move in ready 4 bed 2 bath colonial. Main level features  hardwood and tile throughout, views of Pillings Pond, mud room, family room, dining room, living room , office and kitchen leading to back yard..Second floor features 4 large bedrooms ,hardwood, a full bath and views of Pillings  Pond . Bonus family room/entertainment  in basement. Exterior newer paint, pvc trim throughout exterior, roof 10 years old,pvd deck off kitchen/dining area leading to a large patio, 18 by 40 inground pool with retractable safety cover, 12 by 16 pool house with electricity, 13 by 15 shed with electricity, 2 separate sprinkler systems for front and rear yard, 4 bedrrom septic 2001.. Forced air gas heat 8 years old. 2 newer separate central air units.. To much to list, come see for yourself!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$257
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #72275101)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Jan 27, 2018 Listed by Return Realty Group, Inc. $719,900
Listed by Return Realty Group, Inc.
Nov 30, 1994 Sold
Premium
Sold
Aug 11, 1994 Listed by Return Realty Group, Inc. $199,900
Listed by Return Realty Group, Inc.

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,317
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,360
  • Total Building Area: 2,691
  • Gross Building Area: 3,783
  • Building Area: 2,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEFIELD PARK
  • Land Acres: 0000000307
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0035 B:0000 L:1721
  • Lot: 1721
  • Municipality: LYNNFIELD
  • Latitude: 42.5303
  • Longitude: -71.0331

    Address

  • Full Address: 71 Crescent Ave
  • Address - House Number: 71
  • Address - Street Name: Crescent
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1953
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $897,600

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,000,432
  • High Value: 1,171,331
  • Low Value: 829,533

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $854,000
  • Assessed Land Value: $436,400
  • Assessed Improvements Value: $417,600

    Sales

  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180427006810
  • Previous Sale Recording Date: Nov 30, 1994
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,000,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3523 ft²

Average Home Age

41.7 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: 6 months ago
Data Source: MLS PIN, MLS# 72275101

Frequently Asked Questions

When was property at 71 Crescent Avenue built and last sold?
The property at 71 Crescent Avenue was built in 1920 and last sold on Jan 1, 1970 for $737,000.
How much is this home worth?
The estimated value of the home located at 71 Crescent Avenue is $751,113.
What are some comparable homes to 71 Crescent Avenue?
There are currently no comparable homes to 71 Crescent Avenue.
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