Lynnfield, MA Real Estate
An Overview of The Community
Located in far southern Essex County, the town of Lynnfield, Massachusetts consists of two distinct villages: Lynnfield Center and South Lynnfield. Together, these communities enjoy a combined population of nearly 12,000 people. They cover nearly ten square miles of land on the northern outskirts of the busy City of Boston.
Click Here to Search
sales
The suburban town today forms an irregularly shaped, roughly rectangular tract of land falling within the 01940 zip code designation. Its western edge tracks a portion of the border between Essex and Middlesex Counties. It stands just south of North Reading, east of Reading, and northeast of Wakefield. North Saugus and the towns of Lynn and Peabody border it on the south and southeast. Danvers, Hawthorne and Middleton lie immediately west and northwest of this community.
In the past, extensive farm fields separated these Massachusetts enclaves. Today, significant infrastructure development has occurred within this region. The town sits just 17 miles north of Massachusetts' largest urban area. Amtrak maintains a station in Woburn, 6 miles away from this location.
The municipality encompasses several bodies of water. They include the Ipswich River, which flows along the northern boundary of the town, and its tributary, Wills Brook. Portions of Hawkes Pond and Walden Pond lie in the far southern portion. Part of Suntaug Lake and all of Pillings Pond stand within the central part of the community. These rivers and ponds ensure that homes here furnish waterfront views. Residents also have an opportunity to engage in bird watching in the adjoining marshes and wetlands. Some tracts in the immediate area remain wooded.
Residents can reach Downtown Boston from this location in under half an hour via Interstate 95 west and Interstate 93 south, or by traveling due south along State Route 1. Interstate 95 runs in an east-west direction across the extreme southern section of the town. Route 1 crosses that highway in a northwest-southeast direction, also transecting the far southern end of the community.
This town has welcomed a number of notable athletes, including several members of the Bruins and the Boston Red Sox. Settled in 1638, the town incorporated in 1814. It offers a local public school system serving students from Kindergarten through 12th grade, as well as private schools. Children can attend classes without leaving the local area.
Residents benefit from the region's well-developed infrastructure. Today they can easily access fine dining, shopping, entertainment and athletic opportunities within the immediate vicinity. Several excellent medical facilities in the Greater Metropolitan Area also serve people in this location, providing state-of-the-art health care. At least four long term nursing care nursing homes operate within a four mile radius of the town.
Single Family Houses For Sale or Lease
The community enjoys a vigorous new home construction market. Builders have erected single family dwellings in this location every year since at least the late 1990s, with the pace of building increasing somewhat recently. Home seekers enjoy a great selection of attractive modern wood frame and brick or masonry dwellings, many with mature landscaping and generously sized yards. They can also consider older homes constructed during earlier decades, depending upon market availability. It may prove challenging to locate mobile homes or modular homes for sale here, although some surrounding communities do maintain trailer home parks.
Many home prices in this market place range from the two or three hundred thousand dollar range to well over a million dollars. Factors such as the location, the size, the age, the condition and the floor plan all impact asking prices. Some houses offer scenic views, and many fit into the luxury custom home category. The town includes several golf courses. Buyers sometimes pay slightly higher prices for dwellings within some homeowners associations which maintain golf club privileges or exclusive waterfront access, although exceptions occur.
Prospective purchasers and tenants in this community should investigate flood plain issues diligently; flooding has occurred here in the past on some occasions. It may prove advisable to explore the availability of flood insurance if you harbor concerns about this issue. It also makes sense to carefully investigate homeowners association guidelines and monthly, quarterly, or annual dues. Frequently, an HOA will enforce covenants which might impact or restrict future home improvements, landscaping or refurbishment plans.
Home seekers will discover some houses for rent. However, due to the comparatively small size of the community compared with larger urban and suburban cities, the availability of rental homes occurs sporadically. In some cases, prospective home renters may need to prepare for an extended search period in order to locate a property.
Condos And Townhouses For Sale or Lease
A few condominium and townhome developments have arisen in this town. Prospective buyers and tenants can seek either newly constructed units, or properties offered for sale by previous owners. Due to the comparatively small size of this municipality, the availability of these types of properties sometimes varies based upon location and marketplace conditions.
These types of residential developments typically supply some advantages for busy people. Instead of performing routine tasks such as installing landscaping, mowing the yard, maintaining a residential exterior, or ensuring adequate exterior lighting, residents in these communities can depend upon the management association to assume broad maintenance responsibilities. Condo owners typically share many community facilities, often including spacious grounds, recreational amenities, and some services. If you desire a lifestyle with reduced residential maintenance, then selecting a condo or townhome here might offer an attractive option!
In this location, an area with one of the lowest crime rates in Essex County, some residential communities offer gated access. This type of arrangement typically limits admission to these settings to residents and their invited guests or service providers. Not every residential development offers gating restrictions; the level of security supplied by a gated community may also vary from one development to another. In some cases, the management will utilize unmanned gates accessed via security codes. In other situations, the community may supply manned gates, or even security patrols.
Most condominium and townhome residential developments charge monthly, quarterly, or annual dues. These fees may vary from one community to another. Additionally, some communities place restrictions on pets residing in the premises. Some impose restrictions on the age of residents permitted to live on a full-time basis within the community. The policies concerning subleasing a unit may also vary from one development to another. (The latter situation may impact investors seeking condo or townhome properties for an investment portfolio.)
People seeking a condo or townhome here will discover units of many different sizes. Properties cover a wide spectrum, from studio and efficiency units to larger units of well over 2,500 square feet. Many properties feature exceptionally beautiful surroundings, including hike and bike trails, athletic facilities, and other in-demand community amenities. A variety of appealing designs and floor plans make condo and townhome units an increasingly popular choice here.
If you've considered relocating to a condo or townhome in this city, or if you'd like to add some of these real properties to your investments, you may find it helpful to discuss your plans with Boston City Properties. We offer a full range of services for people listing, buying or renting homes in this charming area. Ask us to help you research detailed information about available properties meeting your requirements!
Apartments
Recent census statistics indicate more than three quarters of households in this municipality reside in purchased homes or condos. Due to the comparatively small size of the town, people interested in seeking rental apartments in this location may need to conduct a diligent search. Vacancies may arise sporadically, and it proves difficult to predict the availability of rental apartment selections at any given point in time.
If you plan to relocate here and you wish to rent an apartment, it may prove helpful to add your name to apartment complex waiting lists in advance of your move. You may also find it useful to extend your apartment search area to encompass adjoining communities. By increasing the geographic area, you'll cover a more populous zone and improve your chances of finding properties meeting your specifications.
Households requiring low income apartment units with multiple bedrooms and bathrooms in particular may encounter difficulty locating suitable accommodations on short notice. It may prove easier in fact to locate a rental house, condo or townhome than to find a large apartment in this location, depending upon market conditions during the time of your search.
This town does offer some luxurious apartment complexes. Rental prices cover a spectrum, yet recent rental rate structures appear higher than for comparably sized communities in some other locations in Massachusetts. Supply and demand likely plays an important role in this marketplace. Since the population of the town has increased in recent years, the construction of additional apartment complexes in this area may increase the availability of this market sector in the future.
Tenants meeting certain income guidelines qualify for Section 8 housing assistance in this community. Inquiring into the availability of Section 8 housing and HUD housing in this area proves helpful in some cases. Reportedly, some apartment complexes here will accept Section 8 tenants with incomes under $37,684 for a single person or $44,348 for two persons. Apartment seekers who exceed these income guidelines don't qualify for the Section 8 program, but can presumably afford the prevailing rental costs.
Many apartment complexes in this town offer attractive accommodations. Tenants can locate units with a variety of in-demand community features, including swimming pools, high speed Internet access, and available parking. Individual units may feature built-in kitchen appliances, built-in heating and cooling systems, garbage disposal units, and a private laundry room. Additionally, many of these properties offer dedicated private patio or balcony space.
Prospective tenants should inquire into apartment complex rules regarding pet ownership. Some landlords maintain pet-friendly policies, while others completely restrict pets. Additionally, individual units may vary in terms of proximity to mass transit services. Some landlords separately meter some tenant utilities, while others cover this expense within the rental price.
Evaluating Available Real Property in This Area
Of the nearly 4,750 households in this community, roughly 14% rent properties. During 2016, rents across all types of housing averaged a mean reported price of slightly above $1,140 or $1,503 (depending upon the online reporting source). Households renting detached single family dwellings tended to pay higher rents than households renting apartments, although some online postings reflected sporadic rental apartment availability within lower price ranges.
Our company offers valuable assistance evaluating real property in this location. We possess familiarity with the Greater Boston Metropolitan Area and outlying towns. If you expect to place real estate on the sale or rental marketplace soon, consider asking us to compile a marketing report for you. Although not an appraisal, this type of analysis may offer useful information as you seek to determine the most competitive listing or rental price for your realty.
We also offer services of interest to property seekers, including investors. If you share your requirements for your next home with us, we'll pay close attention to local listings. We'll notify you when a residence meeting your specifications comes to our attention. This service may assist you in finding properties more quickly and easily. We can help you expedite your search efforts by focusing on listings with the specific features and amenities you prefer. Save time and effort during a relocation by harnessing our expertise in this field.
Request Assistance Now
When you seek real property information for the Lynnfield area, you'll find extensive resources available through Boston City Properties. We assist home sellers and landlords. We also serve prospective home buyers, renters and investors. Put our extensive experience in the local marketplace to work on your behalf soon!
You can reach us easily by using the website contact tab on the upper right hand side of our home page screen. We also speak with customers by telephone. Simply dial 617-247-1933. We look forward to helping you achieve your real estate objectives as you explore this exciting marketplace.
Lynnfield Condo Developments
Click Here to Search
sales