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Lawrence 01841 Tower Hill
102 Olive Ave
$193,500
● House - Off Market

102 Olive Ave

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,742 Ft²
$340,134
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Situated just minutes from Rte 93 and 495 on gorgeous Tower Hill is this large 7 room 3 bedroom colonial features large family room with built ins formal living room and dining room with gorgeous woodwork and  wood floors plus eat in kitchen.  Second floors boasts 3 good sized bedrooms with wood floors.  Extra large lot with home set back from street and private back yard with gardens.  Call today to see this great opportunity to view the valley from your family room.
Unit Size
1,742 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$109
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1930

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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 #71765527)

Price History

Date / Event Date Event Price
Dec 14, 2020 Sold
Premium
Sold
Oct 18, 2020 Listed by Keller Williams Realty $349,900
Listed by Keller Williams Realty
May 27, 2015 Sold
Premium
Sold
Nov 5, 2014 Listed by Keller Williams Realty $189,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,920
  • Total Building Area: 1,742
  • Gross Building Area: 2,824
  • Building Area: 1,742
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,742
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BODWELL PARK
  • Land Acres: 0000000182
  • 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: 250200

Geography

  • Account Number: 227 0000 0043 A
  • Parcel: LAWR M:0227 B:0000 L:0043
  • Lot: 43
  • Municipality: LAWRENCE
  • Latitude: 42.7014
  • Longitude: -71.185

    Address

  • Full Address: 102 Olive Ave
  • Address - House Number: 102
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4108
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $391,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 482,796
  • High Value: 574,480
  • Low Value: 391,112

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,100
  • Assessed Land Value: $137,000
  • Assessed Improvements Value: $286,100

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35742
  • Previous Sale Recording Date: May 27, 2015
  • Previous Sale Amount: $193,500
  • Previous Sale Document Type: O
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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

4670 ft²

Average Home Age

118 years

Currently For Sale

11 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# 71765527

Frequently Asked Questions

When was property at 102 Olive Avenue built and last sold?
The property at 102 Olive Avenue was built in 1930 and last sold on Nov 20, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 102 Olive Avenue is $351,214.
What are some comparable homes to 102 Olive Avenue?
There are currently no comparable homes to 102 Olive Avenue.
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