420 Salem St, Lynnfield, MA, 01940
About This Home
Unbelievable opportunity !!! Just about 2 acres of land ( over 85,000 square feet). This is a knockdown or rebuild with a some of the work already started. Come and build your dream house in a Wonderful and quiet area of Lynnfield. You will appreciate the oversized garage with lots of options fo any use.... SEE ATTACHED PLOT PLAN AND BUILDING PLANS ( ALL APPROVED)
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Partial,Dirt Floor
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 2,554
Heating & Cooling
- Heating features: Baseboard,Oil
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,554
- Total interior livable area: 2,554 sqft
Property
Details
- Parcel number: M:0051 B:0000 L:1737,1983477
- Zoning: RB
Lot
- Lot size: 1.96 Acres
Parking
- Total spaces: 18
- Parking features: Detached,Paved Drive,Off Street
- Has garage: Yes
- Attached garage spaces: 8
- Covered spaces: 8
- Has uncovered spaces: Yes
- Uncovered spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $215 | $2,580 |
| Property Taxes | $695 | $8,340 |
| Electricity | $503 | $6,043 |
| Total | $5,453 | $65,436 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Price change | $799,000 |
| 2026-05-13 | Listed for sale | $849,999 |
| 2026-04-27 | Contingent | $849,999 |
| 2026-04-19 | Listed for sale | $849,999 |
| 2025-03-05 | Sold | $750,000 |
| 2025-01-07 | Contingent | $799,900 |
| 2024-12-17 | Listed for sale | $799,900 |
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