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Lynnfield 01940
739 Walnut Street
$378,000
● House - Off Market

739 Walnut Street

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,047 Ft²
$851,319
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Generous, Custom built, full basement Ranch home with views of Hawkes Pond. This 3 bedroom home features a sunken, front to back, living room with wood burning fireplace & slider to 4 season room with complete privacy of patio and yard. A home made before it's time, open concept kitchen with eating area overlooking the sparkling views of the Pond & a dining room ideal for entertaining.  This home has the space you've been looking for, oversize 2 car garage & finished lower level.
Unit Size
3,047 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$134
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1964

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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 #71392968)

Price History

Date / Event Date Event Price
Nov 29, 2012 Sold
Premium
Sold
Jun 6, 2012 Listed by Northrup Associates $409,000
Listed by Northrup Associates

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • 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: 2,284
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,316
  • Total Building Area: 2,285
  • Gross Building Area: 3,847
  • Building Area: 2,285
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,285
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000834
  • 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:0059 B:0000 L:0151
  • Lot: 151
  • Municipality: LYNNFIELD
  • Latitude: 42.5051
  • Longitude: -71.0239

    Address

  • Full Address: 739 Walnut St
  • Address - House Number: 739
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 2647
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $786,900

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 874,812
  • High Value: 1,024,195
  • Low Value: 725,429

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $748,700
  • Assessed Land Value: $501,100
  • Assessed Improvements Value: $247,600

    Sales

  • Current Sale Recording Date: Nov 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3748 ft²

Average Home Age

38.2 years

Currently For Sale

21 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71392968

Frequently Asked Questions

When was property at 739 Walnut Street built and last sold?
The property at 739 Walnut Street was built in 1964 and last sold on Jan 1, 1970 for $378,000.
How much is this home worth?
The estimated value of the home located at 739 Walnut Street is $463,192.
What are some comparable homes to 739 Walnut Street?
There are currently no comparable homes to 739 Walnut Street.
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