CCertihomes
7 Edward Ave, Lynnfield, MA 01940

$2,499,900

4 beds 4 baths 4,742 sqft Built 20244 days on marketActive

About this home

Welcome to 7 Edward Ave, a masterpiece of relaxed yet elegant living beckoning all who are looking for the Best of the Best! Crafted with high-end finishes, the open layout flows among the first-floor with a kitchen, mud room, study, living room and dining area. The kitchen is a designer paradise, featuring a Thermador 48-inch range with a wood paneled hood that is flanked by windows and floating shelving, quartz counters, a large island and a Butler's Pantry/ Scullery for the most enthusiastic chefs who want to keep a clean kitchen. You’ll love the high end fixtures and paneling. Embrace BBQ season (soon) with an easy flow outside to a private stone patio for al fresco dining with gorgeous landscaping. The chic staircase leads to second floor, with a primary bedroom suite that includes double closets and a dreamy bath with soaking tub and shower. The lower level is an extra space for gym/ media room. Four inch white oak floors, a high efficiency hydronic heating system, Hardie siding!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$14,961/mo

Real estate (PITI + HOA + PMI)
$15,338
Principal + interest$11,338
Property tax + insurance$3,063
PMI / 2nd mortgage$937
Utilities
$680
Heating + cooling$178
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$14,961/mo TLC
Budget$15,461/mo
Remaining after TLC$500/mo
Purchase price
$2,499,900
Down payment
$124,995 (5%)
Loan amount
$2,374,905
APR
4%

Quick facts

Type
Single Family Residence
Style
Farmhouse, Other (See Remarks)
Year built
2024
Lot size
0.23 ac
Stories
0
Heating
Heat Pump, Hydro Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$7,669
MLS #
73230650
County
Essex

At a glance

Air conditioning
Fireplace
Basement
Garage (2)
Dishwasher

Home features

Appliances
Gas Water HeaterRangeDishwasherRefrigeratorRange HoodOther
Interior
Bathroom
Exterior
PorchPatioSprinkler SystemET Irrigation Controller
Community
Public TransportationShoppingParkMedical FacilityHighway AccessPublic School
Parking
AttachedPaved DriveOff Street
Fireplace
Living Room
Kitchen
Dining AreaPantryKitchen IslandOpen Floorplan
Flooring
Wood, Tile, Vinyl
Roof
Shingle, Metal
Sewer
Private Sewer

Neighborhood — 01940

MetricThis ZIPCountyUSA
Population13,0806,444,931299,088,112
Population Change Since19902.00%7.00%20.00%
Population Density1,252786
Male6,4993,127,134147,432,321
Female6,5813,317,797151,655,844
Never Married2,1671,612,88563,775,926
Married6,9772,586,314123,120,365
Separated157247,85712,639,686
Widowed656363,59415,467,586
Divorced560436,88823,075,029
Number Of House Hold4,5572,431,591111,826,380
Average House Hold Size2.872.562.60
Medial Age43.1537.2535.46
Median House Hold Income$95,121$57,698$48,276
Average House Hold Income$130,838$75,023$63,629
P C I$45,583$29,196$24,529
M D I$73,979$48,105$41,133
A T H E$86,143$57,083$50,898
S T R5.00%5.00%
W C J77.56%81.38%77.74%
(Zip) Code
1940

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/30/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.