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Lynnfield 01940
9 Nottingham Rd.
$427,000
● House - Off Market

9 Nottingham Rd.

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,286 Ft²
$692,732
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Unique opportunity to live in the desirable Sherwood Forest area of Lynnfield. This nearly 1/2 acre lot features a terraced back yard abutting a wooded area for privacy. Single level living in 3 bedrooms, 1 bath, spacious living room with fireplace and a sunny dining area off of the kitchen. Solarium off of the entrance foyer can be used as a three-season room or greenhouse for your indoor plants. Convenient location with easy commuter access to Rte.128 and Rte.1 and the new "Market Street" for shopping and dining. New septic system being installed. One car garage and storage shed. Great expansion possibility with a second floor addition.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$310
Property Type
House
Property Taxes
$478
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 #71844990)

Price History

Date / Event Date Event Price
Aug 6, 2015 Sold
Premium
Sold
May 26, 2015 Listed by Harborside Sotheby's International Realty $399,000
Listed by Harborside Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 7
  • Basement Area: 1,076
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,796
  • Total Building Area: 1,286
  • Gross Building Area: 2,650
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000477
  • 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:1397
  • Lot: 1397
  • Municipality: LYNNFIELD
  • Latitude: 42.5194
  • Longitude: -71.0141

    Address

  • Full Address: 9 Nottingham Rd
  • Address - House Number: 9
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2252
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,200

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 745,726
  • High Value: 901,452
  • Low Value: 590,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,600
  • Assessed Land Value: $543,700
  • Assessed Improvements Value: $174,900

    Sales

  • Current Sale Recording Date: Aug 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 564248
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71844990

Frequently Asked Questions

When was property at 9 Nottingham Road built and last sold?
The property at 9 Nottingham Road was built in 1955 and last sold on Jan 1, 1970 for $427,000.
How much is this home worth?
The estimated value of the home located at 9 Nottingham Road is $416,213.
What are some comparable homes to 9 Nottingham Road?
There are currently no comparable homes to 9 Nottingham Road.
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