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Lawrence 01843 South West
10 Sanborn St
$549,000
● House - Off Market

10 Sanborn St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,946 Ft²
$567,618
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This new construction in South Lawrence is walking distance to Riverfront State Park. It has 3 bedroom, 2 .5 bath with an open concept  kitchen, dining area  and living room.  Granite countertops, lots of cabintry, recessed lighting and SS appliainces. Lower level boasts a  sun lit 14'x25' family room with 3/4 bath and it's  and private walk-out/entrance. Close to major interstates making commuting a dream.
Unit Size
1,946 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$282
Property Type
House
Property Taxes
$3
HOA Dues
-
Year Built
2021

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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: 5 months ago (MLSPIN #72983488)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Weichert Realtors' Daher Companies $549,000
Listed by Weichert Realtors' Daher Companies

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • 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: 19
  • 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: 3,350
  • Total Building Area: 1,450
  • Gross Building Area: 2,311
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWRENCE
  • Land Acres: 0000000077
  • 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: 140 0000 0004 A
  • Parcel: LAWR M:0140 B:0000 L:0004
  • Lot: 4
  • Municipality: LAWRENCE
  • Latitude: 42.6952
  • Longitude: -71.169

    Address

  • Full Address: 10 Sanborn St
  • Address - House Number: 10
  • Address - Street Name: Sanborn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C032
  • 4-Digit Zip Code: 1220
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,100

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 579,702
  • High Value: 679,973
  • Low Value: 479,430

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,300
  • Assessed Land Value: $98,700
  • Assessed Improvements Value: $410,600

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19272
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

$324

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1887 ft²

Average Home Age

52.8 years

Currently For Sale

5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72983488

Frequently Asked Questions

When was property at 10 Sanborn Street built and last sold?
The property at 10 Sanborn Street was built in 2021 and last sold on Aug 12, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 10 Sanborn Street is $554,793.
What are some comparable homes to 10 Sanborn Street?
There are currently no comparable homes to 10 Sanborn Street.
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