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Lynnfield 01940
8 Fletcher Rd
Photo of 8 Fletcher Rd
Sold on Aug 14, 2008

1

Map

$575,000
● House - Off Market

8 Fletcher Rd

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,838 Ft²
$1,133,392
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

*OPEN HOUSE 6/1 12-2*Move right in to this lovely 7 room Split Ranch Wills Built home on a quite dead end street. This home offers 3 bedrooms and 3 full remodeled baths. New designer kitchen with granite and cathedral ceiling. Lower level family room adds to the living area and opens to private back yard. Lots of extras to offer:hardwood floors,central air,security,screen porch and deck off kitchen. New 4 bedroom septic installed.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$310
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1966

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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: 5 months ago (MLSPIN #70769402)

Price History

Date / Event Date Event Price
Aug 14, 2008 Sold
Premium
Sold
May 26, 2008 Listed $569,900
Listed
Nov 3, 2000 Sold
Premium
Sold
Aug 26, 2000 Listed $429,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,995
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,939
  • Total Building Area: 2,280
  • Gross Building Area: 3,392
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000001009
  • 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:0046 B:0000 L:2642
  • Lot: 2642
  • Municipality: LYNNFIELD
  • Latitude: 42.5174
  • Longitude: -71.0172

    Address

  • Full Address: 8 Fletcher Rd
  • Address - House Number: 8
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2224
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,046,200

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,108,128
  • High Value: 1,297,424
  • Low Value: 918,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $995,400
  • Assessed Land Value: $615,300
  • Assessed Improvements Value: $380,100

    Sales

  • Current Sale Recording Date: Aug 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 03, 2000
  • Previous Sale Amount: $420,000
  • 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:

$999,000

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3552 ft²

Average Home Age

47 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70769402

Frequently Asked Questions

When was property at 8 Fletcher Road built and last sold?
The property at 8 Fletcher Road was built in 1966 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 8 Fletcher Road is $583,541.
What are some comparable homes to 8 Fletcher Road?
There are currently no comparable homes to 8 Fletcher Road.
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