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Lawrence 01843 South Common
116 Exeter Street
$95,000
● House - Off Market

116 Exeter Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
960 Ft²
$325,461
RealtyHop Estimate
225.79%
Since May 1, 1999
National-US
Primary Model

About This Property

YOUNG SPLIT IN QUIET SOUTH LAWRENCE NEIGHBORHOOD, 5-3-1. FAMILY ROOM IN BASEMENT WITH HALF BATH, IN VERY GOOD CONDITION, OFF STREET PARKING.  CALL LISTING AGENT FOR MORE INFORMATION.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$104
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1980

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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 years ago (MLSPIN #30278703)

Price History

Date / Event Date Event Price
Jul 8, 2003 Sold
Premium
Sold
Apr 16, 2003 Listed by Century 21 McLennan & Company $229,900
Listed by Century 21 McLennan & Company
Nov 30, 2001 Sold
Premium
Sold
Oct 3, 2001 Listed by Century 21 McLennan & Company $194,900
Listed by Century 21 McLennan & Company
Sep 22, 2000 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 19
  • 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: 6,000
  • Total Building Area: 960
  • Gross Building Area: 2,218
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 251700

Geography

  • Account Number: 79 0000 0016 AA
  • Parcel: LAWR M:0079 B:0000 L:0016 A
  • Lot: 16 A
  • Municipality: LAWRENCE
  • Latitude: 42.692
  • Longitude: -71.155

    Address

  • Full Address: 116 Exeter St
  • Address - House Number: 116
  • Address - Street Name: Exeter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2225
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,600
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 424,198
  • High Value: 487,822
  • Low Value: 360,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,100
  • Assessed Land Value: $118,300
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Recording Date: Jul 08, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Amount: $183,000
  • 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 Common

Stats & Trends

Median Asking:

$849,900

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

68

Average Home Size

4305 ft²

Average Home Age

96 years

Currently For Sale

6 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 years ago
Data Source: MLS PIN, MLS# 30278703

Frequently Asked Questions

When was property at 116 Exeter Street built and last sold?
The property at 116 Exeter Street was built in 1980 and last sold on Jan 1, 1970 for $224,900.
How much is this home worth?
The estimated value of the home located at 116 Exeter Street is $0.
What are some comparable homes to 116 Exeter Street?
There are currently no comparable homes to 116 Exeter Street.
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