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Lynnfield 01940
815 Main Street
$312,000
● House - Off Market

815 Main Street

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,444 Ft²
$908,991
RealtyHop Estimate
184.15%
Since Sep 1, 2000
MA-Boston
Primary Model

About This Property

WALK TO EVERYTHING FROM THIS CENTRE LOCATION RANCH. LEVEL LOT, OPEN FLOOR PLAN, NICELY MAINTAINED. ATTENTION BROKERS:  ONLY PRE-REGISTERED OR ACCOMPANIED BUYERS WILL BE HONORED AT OPEN HOUSE
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$222
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30402767)

Price History

Date / Event Date Event Price
Nov 30, 2001 Sold
Premium
Sold
Sep 22, 2001 Listed by Colby Properties Real Estate, LLC $339,900
Listed by Colby Properties Real Estate, LLC
Aug 18, 2000 Sold
Premium
Sold
Apr 15, 2000 Listed by Colby Properties Real Estate, LLC $319,900
Listed by Colby Properties Real Estate, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,444
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,830
  • Total Building Area: 1,640
  • Gross Building Area: 3,638
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PLAZA
  • Land Acres: 0000000317
  • 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: RA

Geography

  • District: 164
  • Parcel: LYNF M:0020 B:0000 L:2697
  • Lot: 2697
  • Municipality: LYNNFIELD
  • Latitude: 42.5443
  • Longitude: -71.0418

    Address

  • Full Address: 815 Main St
  • Address - House Number: 815
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1111
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $778,700

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 740,312
  • High Value: 891,628
  • Low Value: 588,996

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $740,900
  • Assessed Land Value: $509,200
  • Assessed Improvements Value: $231,700

    Sales

  • Current Sale Recording Date: Nov 30, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 18, 2000
  • Previous Sale Amount: $312,500
  • 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:

$999,995

Sale Price/ft²

$400

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3477 ft²

Average Home Age

50.2 years

Currently For Sale

26 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: 4 years ago
Data Source: MLS PIN, MLS# 30402767

Frequently Asked Questions

When was property at 815 Main Street built and last sold?
The property at 815 Main Street was built in 1950 and last sold on Jan 1, 1970 for $327,000.
How much is this home worth?
The estimated value of the home located at 815 Main Street is $0.
What are some comparable homes to 815 Main Street?
There are currently no comparable homes to 815 Main Street.
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