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Lynnfield 01940
9 Gerry Road
$456,000
● House - Off Market

9 Gerry Road

Lynnfield, MA 01940
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,810 Ft²
$907,228
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

LOOKing for space........ This is it , SPACIOUS 5 bedroom multi level features Fireplaced LivingRoom with Hardwood,Central Air,located in the popular Glen Meadow Area.  Walk to Elementary School and Park. A must see !!!!
Unit Size
2,810 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$152
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1955

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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: 5 months ago (MLSPIN #71265730)

Price History

Date / Event Date Event Price
Oct 19, 2011 Sold
Premium
Sold
Jul 24, 2011 Listed by Realty Executives, Tri-County $425,999
Listed by Realty Executives, Tri-County
Apr 1, 2002 Sold
Premium
Sold
Oct 3, 2001 Listed by Realty Executives, Tri-County $399,900
Listed by Realty Executives, Tri-County

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,677
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,438
  • Total Building Area: 2,140
  • Gross Building Area: 2,956
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN MDW PARK SEC 05
  • Land Acres: 0000000354
  • 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:0041 B:0000 L:1063
  • Lot: 1063
  • Municipality: LYNNFIELD
  • Latitude: 42.5258
  • Longitude: -71.0321

    Address

  • Full Address: 9 Gerry Rd
  • Address - House Number: 9
  • Address - Street Name: Gerry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2051
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $866,300

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 877,425
  • High Value: 1,056,930
  • Low Value: 697,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $824,300
  • Assessed Land Value: $542,500
  • Assessed Improvements Value: $281,800

    Sales

  • Current Sale Recording Date: Oct 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 01, 2002
  • Previous Sale Amount: $395,000
  • 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

$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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71265730

Frequently Asked Questions

When was property at 9 Gerry Road built and last sold?
The property at 9 Gerry Road was built in 1955 and last sold on Jan 1, 1970 for $456,000.
How much is this home worth?
The estimated value of the home located at 9 Gerry Road is $442,080.
What are some comparable homes to 9 Gerry Road?
There are currently no comparable homes to 9 Gerry Road.
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