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Lynnfield 01940
9 Grey Lane
$750,000
● House - Off Market

9 Grey Lane

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
4 Baths
square feet
5,341 Ft²
$1,664,963
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION!! Desirable King James Grant! Move in condition lovely Colonial w/ bright oversized  eat in granite kitchen that opens to a 1st floor familly rm. The front to back living rm w/ bar opens to a 1st floor atrium room w/ sliders out to landscaped design level lot with inground pool, tennis courts, 1 shed, sep 5 car garage, Koi pond. Fireplaced Great Room 32 X33 w/Cath Ceil, 1st floor office w/ sep entrance ideal for au-pair or in law and full bath. All amenities!
Unit Size
5,341 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$150
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1960

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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 #71341225)

Price History

Date / Event Date Event Price
Nov 20, 2012 Sold
Premium
Sold
Jan 26, 2012 Listed by Coldwell Banker Residential Brokerage - Lynnfield $799,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 9
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 5,558
  • Gross Building Area: 6,872
  • Building Area: 5,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: RC

Geography

  • District: 164
  • Parcel: LYNF M:0025 B:0000 L:0494
  • Lot: 494
  • Municipality: LYNNFIELD
  • Latitude: 42.5431
  • Longitude: -71.0305

    Address

  • Full Address: 9 Grey Ln
  • Address - House Number: 9
  • Address - Street Name: Grey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1239
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,482,200

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,596,396
  • High Value: 1,846,178
  • Low Value: 1,346,613

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,410,300
  • Assessed Land Value: $658,600
  • Assessed Improvements Value: $751,700

    Sales

  • Current Sale Recording Date: Nov 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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

$403

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3719 ft²

Average Home Age

51.5 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 71341225

Frequently Asked Questions

When was property at 9 Grey Lane built and last sold?
The property at 9 Grey Lane was built in 1960 and last sold on Jan 1, 1970 for $750,000.
How much is this home worth?
The estimated value of the home located at 9 Grey Lane is $872,518.
What are some comparable homes to 9 Grey Lane?
There are currently no comparable homes to 9 Grey Lane.
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