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Lawrence 01843 South West
102 Farley Street
$461,000
● House - Off Market

102 Farley Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$425,983
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

All Offers, Highest and Best Due Monday, May 2nd at 5:00pm. Located in Highly Desirable South Lawrence Neighborhood - This wonderfully maintained 5 room, 3 bedroom home offers a two car garage with AC and heat, a heated breezeway, lovely fully fenced yard with deck, nicely sized bedrooms, spacious basement and plenty of room for your personal touches! Conveniently located to the highways, schools, shopping, and the Mount Vernon Park.  Recent updates include Navian heating system w/tankless hot water and installed pellet stove in living room. The possibilities are endless!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$358
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72973976)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 29, 2022 Listed by Empire Real Estate™ $421,102
Listed by Empire Real Estate™
Jun 4, 2007 Sold
Premium
Sold
Mar 29, 2007 Listed by Empire Real Estate™ $204,439
Listed by Empire Real Estate™

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 11,800
  • Total Building Area: 1,176
  • Gross Building Area: 3,345
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • 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: 0000000271
  • 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: 251800

Geography

  • Account Number: 117 0000 0028 A
  • Parcel: LAWR M:0117 B:0000 L:0028
  • Lot: 28
  • Municipality: LAWRENCE
  • Latitude: 42.6887
  • Longitude: -71.1632

    Address

  • Full Address: 102 Farley St
  • Address - House Number: 102
  • Address - Street Name: Farley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 2552
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 506,182
  • High Value: 627,316
  • Low Value: 385,048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,500
  • Assessed Land Value: $153,800
  • Assessed Improvements Value: $245,700

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13534
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Amount: $195,000
  • 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

$324

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1063 ft²

Average Home Age

47.5 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72973976

Frequently Asked Questions

When was property at 102 Farley Street built and last sold?
The property at 102 Farley Street was built in 1940 and last sold on Jun 7, 2022 for $461,000.
How much is this home worth?
The estimated value of the home located at 102 Farley Street is $417,397.
What are some comparable homes to 102 Farley Street?
There are currently no comparable homes to 102 Farley Street.
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