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Lawrence 01843 South West
10-12 Dracut St
$252,500
● House - Off Market

10-12 Dracut St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,100 Ft²
$417,256
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Newly renovated 6 room 3 bedroom 2 full baths colonial in south Lawrence location. Level lot with fenced in backyard.  Updated electric, roof, heat system, walls, floors, ceilings, windows, interior-exterior paint. New deck! Farmers porch. 10 Dracut St is the garage.  New garage door to be installed prior to closing.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$236
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1910

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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: 6 months ago (MLSPIN #72110606)

Price History

Date / Event Date Event Price
Jun 16, 2017 Sold
Premium
Sold
Jan 20, 2017 Listed by RE/MAX Partners $259,900
Listed by RE/MAX Partners
Jan 6, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,176
  • Gross Building Area: 1,856
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 251500

Geography

  • Account Number: 118 0000 0083 A
  • Parcel: LAWR M:0118 B:0000 L:0083
  • Lot: 83
  • Municipality: LAWRENCE
  • Latitude: 42.6914
  • Longitude: -71.1611

    Address

  • Full Address: 10-12 Dracut St
  • Address - House Number: 10-12
  • Address - Street Name: Dracut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $304,000

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 426,356
  • High Value: 506,279
  • Low Value: 346,432

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $328,700
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $211,100

    Sales

  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14995
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Amount: $159,000
  • 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 South West

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$314

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1580 ft²

Average Home Age

84.7 years

Currently For Sale

7 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72110606

Frequently Asked Questions

When was property at 10-12 Dracut Street built and last sold?
The property at 10-12 Dracut Street was built in 1910 and last sold on Jan 1, 1970 for $252,500.
How much is this home worth?
The estimated value of the home located at 10-12 Dracut Street is $266,159.
What are some comparable homes to 10-12 Dracut Street?
There are currently no comparable homes to 10-12 Dracut Street.
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