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Lynnfield 01940
829 Summer St
Photo of 829 Summer St
Sold on Oct 15, 2010

1

Map

$600,000
● House - Off Market

829 Summer St

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,158 Ft²
$1,257,253
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Completely rebuilt in 2005, this elegant ten room CE colonial has a large foyer open to the 2nd floor, 3+ bedrooms, & 3.5 baths, including full private master bathroom. Chef's kitchen with top of the line stainless appliances & soap stone counters along with an open floor plan are perfect for entertaining. Seperate 2nd floor laundry room. Finished basement & walk-up attic ready for finishing w/ dormers for added space. Set on a level lot w/built-in pool. Quaint farmer's porch welcomes you home.
Unit Size
3,158 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$190
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1952

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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: 13 months ago (MLSPIN #71133691)

Price History

Date / Event Date Event Price
Oct 15, 2010 Sold
Premium
Sold
Sep 8, 2010 Listed by RE/MAX Heritage, LLC $599,900
Listed by RE/MAX Heritage, LLC
May 25, 1999 Sold
Premium
Sold
Jan 12, 1999 Listed by RE/MAX Heritage, LLC $289,500
Listed by RE/MAX Heritage, LLC
Oct 2, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,845
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,133
  • Total Building Area: 3,101
  • Gross Building Area: 5,544
  • Building Area: 3,101
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,101
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUCKLEBERRY HILL
  • Land Acres: 0000000347
  • 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:0042 B:0000 L:2415
  • Lot: 2415
  • Municipality: LYNNFIELD
  • Latitude: 42.5234
  • Longitude: -71.0205

    Address

  • Full Address: 829 Summer St
  • Address - House Number: 829
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2031
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $949,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,073,050
  • High Value: 1,254,422
  • Low Value: 891,677

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $903,700
  • Assessed Land Value: $442,700
  • Assessed Improvements Value: $461,000

    Sales

  • Current Sale Recording Date: Oct 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 25, 1999
  • Previous Sale Amount: $281,500
  • 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:

$1,024,500

Sale Price/ft²

$402

Below Asking

0.02%

Average Days on Market

56

Average Home Size

3762 ft²

Average Home Age

44.7 years

Currently For Sale

20 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

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Last Updated: 13 months ago
Data Source: MLS PIN, MLS# 71133691

Frequently Asked Questions

When was property at 829 Summer Street built and last sold?
The property at 829 Summer Street was built in 1952 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 829 Summer Street is $650,441.
What are some comparable homes to 829 Summer Street?
There are currently no comparable homes to 829 Summer Street.
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