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Lawrence 01841
10 Cornish Road
$448,000
● House - Off Market

10 Cornish Road

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,334 Ft²
$432,550
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This very well maintained Ranch is situated on a dead-end street on the Lawrence/Methuen line.  Actually, half the house is in Methuen with a Methuen mailing address.  Walk into a large mud room/playroom or den.  Kitchen with eating area for a large gathering.  Kitchen has tile flooring and the rest of the home is beautiful hardwood.  Sliders from kitchen go to fieldstone deck with storage below.  There is a private yard with a fieldstone patio for outdoor barbeques.  Living room is bright and sunny with a brick fireplace and  3 ample bedrooms.  Heating system is 2 years old.  Basement is finished with bedroom, 3/4 bath, stone fireplaced living room and a full kitchen.  Perfect for extended family.  Take a look...won't last!
Unit Size
1,334 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$300
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1962

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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: 4 months ago (MLSPIN #72921849)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Nov 19, 2021 Listed by Connie Doto Realty Group $399,900
Listed by Connie Doto Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 10,000
  • Total Building Area: 1,334
  • Gross Building Area: 3,414
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 250600

Geography

  • Account Number: 132 0000 0067 A
  • Parcel: LAWR M:0132 B:0000 L:0067
  • Lot: 67
  • Municipality: LAWRENCE
  • Latitude: 42.722
  • Longitude: -71.1621

    Address

  • Full Address: 10 Cornish Rd
  • Address - House Number: 10
  • Address - Street Name: Cornish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C007
  • 4-Digit Zip Code: 1905
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $382,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 415,413
  • High Value: 448,766
  • Low Value: 382,060

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $413,300
  • Assessed Land Value: $126,900
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1237
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 Lawrence

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2345 ft²

Average Home Age

94.3 years

Currently For Sale

35 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: 4 months ago
Data Source: MLS PIN, MLS# 72921849

Frequently Asked Questions

When was property at 10 Cornish Road built and last sold?
The property at 10 Cornish Road was built in 1962 and last sold on Jan 14, 2022 for $448,000.
How much is this home worth?
The estimated value of the home located at 10 Cornish Road is $413,457.
What are some comparable homes to 10 Cornish Road?
There are currently no comparable homes to 10 Cornish Road.
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