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Lynnfield 01940
9 Kings Road
$910,000
● House - Off Market

9 Kings Road

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,543 Ft²
$1,069,917
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Spacious Royal Barry Wills Ranch located on a private cul-de-sac in Sherwood Forest !!! This home features an open floor plan with plenty of room for entertaining inside and out !! It features 4 generous size Bedrooms, Master with full bath, 2 additional full baths and hardwood floor through out. Updated, sunny eat in Kitchen with granite, stainless steel appliances. vaulted ceiling, skylight, breakfast bar and Pellet Stove. Formal Dining Room with built in cabinets. Grand Living Room with fireplace, recessed lights and bay window. Cozy three season Sunroom with vaulted ceiling, lots of windows and access to back yard. Walk out Lower level has an expansive Family Room with fireplace, the 4th Bedroom with a full bath, laundry room and office. A beautiful patio overlooking a large private yard.
Unit Size
3,543 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$234
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1961

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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 #72712820)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Aug 20, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $829,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
May 3, 2010 Sold
Premium
Sold
Apr 4, 2010 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $639,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • 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: 2,372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,458
  • Total Building Area: 3,562
  • Gross Building Area: 4,292
  • Building Area: 3,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,562
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000607
  • 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:0046 B:0000 L:1236
  • Lot: 1236
  • Municipality: LYNNFIELD
  • Latitude: 42.5205
  • Longitude: -71.0154

    Address

  • Full Address: 9 Kings Rd
  • Address - House Number: 9
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2225
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,105,400

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,232,239
  • High Value: 1,442,736
  • Low Value: 1,021,741

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,051,800
  • Assessed Land Value: $545,000
  • Assessed Improvements Value: $506,800

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 617260
  • Previous Sale Recording Date: May 03, 2010
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: 48
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

54

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72712820

Frequently Asked Questions

When was property at 9 Kings Road built and last sold?
The property at 9 Kings Road was built in 1961 and last sold on Sep 28, 2020 for $910,000.
How much is this home worth?
The estimated value of the home located at 9 Kings Road is $863,650.
What are some comparable homes to 9 Kings Road?
There are currently no comparable homes to 9 Kings Road.
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