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Lynnfield 01940
76 Chestnut Street
$840,000
● House - Off Market

76 Chestnut Street

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,445 Ft²
$1,613,374
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

New Construction!  Beautiful 4 bedroom, 3 bath home built in convenient area near the center of Lynnfield!  Spacious kitchen with maple cabinets and granite counters. 3 beautiful baths with tile floors and granite counters.  Hardwood on first floor, staircase and 2nd floor hall. Gas fireplace in family room. 14x16 patio.  First floor study.  Lovely two story foyer. Finished mudroom from garage entry. 2nd floor laundry room. Unfinished walk-up attic. Air conditioning. Irrigation. Home to be Energy Star Rated.  Call for plans and specifications. A wonderful opportunity to buy a new home on wooded lot.
Unit Size
3,445 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$247
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
2013

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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: 4 months ago (MLSPIN #71575607)

Price History

Date / Event Date Event Price
Nov 15, 2013 Sold
Premium
Sold
Aug 28, 2013 Listed by Coldwell Banker Residential Brokerage - Marblehead $849,900
Listed by Coldwell Banker Residential Brokerage - Marblehead
Jul 11, 2011 Sold
Premium
Sold
May 1, 2011 Listed by Coldwell Banker Residential Brokerage - Marblehead $329,900
Listed by Coldwell Banker Residential Brokerage - Marblehead

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 1,661
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,359
  • Total Building Area: 3,340
  • Gross Building Area: 5,019
  • Building Area: 3,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,340
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNFIELD
  • Land Acres: 0000000881
  • 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: 209200

Zoning

  • Zoning: RB

Geography

  • District: 164
  • Parcel: LYNF M:0028 B:0000 L:0359
  • Lot: 359
  • Municipality: LYNNFIELD
  • Latitude: 42.5378
  • Longitude: -71.0586

    Address

  • Full Address: 76 Chestnut St
  • Address - House Number: 76
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2532
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,305,900

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,300,112
  • High Value: 1,522,204
  • Low Value: 1,078,020

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,242,500
  • Assessed Land Value: $553,400
  • Assessed Improvements Value: $689,100

    Sales

  • Current Sale Recording Date: Nov 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jul 11, 2011
  • Previous Sale Amount: $315,000
  • 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:

$999,000

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3633 ft²

Average Home Age

50.6 years

Currently For Sale

24 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
200 Quannapowitt Parkway #C1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71575607

Frequently Asked Questions

When was property at 76 Chestnut Street built and last sold?
The property at 76 Chestnut Street was built in 2013 and last sold on Jan 1, 1970 for $840,000.
How much is this home worth?
The estimated value of the home located at 76 Chestnut Street is $885,553.
What are some comparable homes to 76 Chestnut Street?
There are currently no comparable homes to 76 Chestnut Street.
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