CCertihomes
1 Melch Rd #0, Lynnfield, MA 01940

$4,500

3 beds 3 baths 2,500 sqft Built 19544 days on marketActive

About this home

Welcome to this charming Whole Home Rental in Lynnfield, MA! This spacious 3 bedroom, 2.5 bathroom house features a finished basement with kitchenette, perfect for extra living space and work out space. The home office provides a quiet space to work from home, while the fenced back yard offers privacy and security. Upcoming cosmetic upgrades include entire inside being repainted, kitchen cabinets being refurbished and painted, doors being replaced, floors being refinished. With 6 car parking, deck, and large kitchen, this home is perfect for entertaining guests. Stay cozy with oil heat during the colder months, and central AC for the warm months, you can enjoy outdoor activities with the basketball hoop and the private, fenced yard. 2 miles to Lynnfield Marketplace, 1 mile to Dunkin' and other convenience shops (drycleaner, Bank of America, Mobil, Lynnfield House of Pizza) Easy access to to 95, 128 and Route 1

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$674/mo

Real estate (PITI + HOA + PMI)
$145
Principal + interest$29
Property tax + insurance$114
PMI / 2nd mortgage$2
Utilities
$622
Heating + cooling$149
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$674/mo TLC
Budget$5,000/mo
Remaining after TLC$4,326/mo
Purchase price
$4,500
Down payment
$225 (5%)
Loan amount
$4,275
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Year built
1954
Lot size
Stories
0
Heating
Oil
Cooling
Water
HOA
Annual tax
MLS #
73237333
County
Essex

At a glance

Fireplace
Garage (1)
Dishwasher

Home features

Appliances
RangeDishwasherDisposalRefrigeratorWasherDryer
Interior
Single Living Level
Exterior
Deck - CompositeRain GuttersStorageProfessional LandscapingScreensFenced Yard
Community
Public TransportationShoppingParkWalk/Jog TrailsConservation AreaHighway AccessHouse of Worship

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.

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MLSPIN

Listing information last refreshed 5/14/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.