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Lynnfield 01940
925 Summer Street
$527,500
● House - Off Market

925 Summer Street

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,078 Ft²
$971,731
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Center Entrance Colonial with renovations and new addition done in 1999.  The eat-in kitchen opens to a four seasoned sunroom with sliders out to a wrap around deck which overlooks the beautifully maintained lot. The first floor office is private and tucked away ideal for working at home.  The separate dining area makes entertaining a pleasure!  The Front to back Cathedral Ceiling Great Room with a fireplace and full bath makes gatherings easy.  The front to back masterbedroom suite with walk-in closet, oversized bath with Jacuzzi and shower is a dream.  The playroom in the lower level with a fireplace is a bonus.  Central Air, Hardwood floors through out and more!
Unit Size
3,078 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$174
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #71617972)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Dec 23, 2013 Listed by Coldwell Banker Residential Brokerage - Lynnfield $534,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Feb 6, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 2,125
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,268
  • Total Building Area: 2,921
  • Gross Building Area: 4,691
  • Building Area: 2,921
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,921
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • 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:0489
  • Lot: 489
  • Municipality: LYNNFIELD
  • Latitude: 42.5209
  • Longitude: -71.0179

    Address

  • Full Address: 925 Summer St
  • Address - House Number: 925
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2243
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $779,400

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 896,984
  • High Value: 1,034,350
  • Low Value: 759,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $741,600
  • Assessed Land Value: $442,700
  • Assessed Improvements Value: $298,900

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 53000455
  • Previous Sale Recording Date: Feb 06, 1995
  • Previous Sale Amount: $180,000
  • 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:

$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: 5 months ago
Data Source: MLS PIN, MLS# 71617972

Frequently Asked Questions

When was property at 925 Summer Street built and last sold?
The property at 925 Summer Street was built in 1960 and last sold on Jan 1, 1970 for $527,500.
How much is this home worth?
The estimated value of the home located at 925 Summer Street is $577,937.
What are some comparable homes to 925 Summer Street?
There are currently no comparable homes to 925 Summer Street.
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