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Lawrence 01841 Tower Hill
106 Olive Ave
$392,000
● House - Off Market

106 Olive Ave

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,849 Ft²
$574,681
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Large stunning colonial with 8 rooms and 4 bedrooms, 1 full and1/2 bath. first floor consists of eat-in kitchen with a center island with a sink, Dining rooms, formal dinning and living rooms with a chimney plus 1/2 bath and front enclosed porch with electric heater. hardwood floors throughout first and 2nd floors. Second floor consists of 4 bedrooms with a full bath and access to attic for future expansion if is needed. others features in the home include 5 years new furnace, replace windows grand stair with custom wood work details and a beautiful enclosed front porch. Well maintained and in pristine condition beautiful front garden and a nice fence back yard for family relax time, plus convenient located to interstate 93, 495 and 213. Hurry would not last for long!!!!.
Unit Size
2,849 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$138
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1900

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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 #72497942)

Price History

Date / Event Date Event Price
Dec 27, 2019 Sold
Premium
Sold
May 10, 2019 Listed by Coco, Early & Associates $392,900
Listed by Coco, Early & Associates
Apr 24, 2003 Sold
Premium
Sold
Jan 27, 2003 Listed by Coco, Early & Associates $245,000
Listed by Coco, Early & Associates
Sep 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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
  • 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: 8,750
  • Total Building Area: 2,849
  • Gross Building Area: 6,122
  • Building Area: 2,849
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,849
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLA ST
  • Land Acres: 0000000201
  • 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 0045 A
  • Parcel: LAWR M:0227 B:0000 L:0045
  • Lot: 45
  • Municipality: LAWRENCE
  • Latitude: 42.7013
  • Longitude: -71.1856

    Address

  • Full Address: 106 Olive Ave
  • Address - House Number: 106
  • 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: $493,300

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 587,939
  • High Value: 696,169
  • Low Value: 479,709

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,300
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $390,800

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33231
  • Previous Sale Recording Date: Apr 24, 2003
  • Previous Sale Amount: $240,000
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2752 ft²

Average Home Age

116.7 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 72497942

Frequently Asked Questions

When was property at 106 Olive Avenue built and last sold?
The property at 106 Olive Avenue was built in 1900 and last sold on Dec 27, 2019 for $392,000.
How much is this home worth?
The estimated value of the home located at 106 Olive Avenue is $408,963.
What are some comparable homes to 106 Olive Avenue?
There are currently no comparable homes to 106 Olive Avenue.
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