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Lawrence 01841 Arlington
118 Walnut St
$250,000
● House - Off Market

118 Walnut St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
994 Ft²
$388,768
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Welcome to the newly renovated 3 bedroom home with 2 full baths! This turn key single family home has a lot of charm and is ready to greet its new owners. The second floor has a newer master bedroom with a full bath. Two other bedrooms one on the first floor and another one on the second floor, both with new carpets and plenty of storage room. Off street parking for four cars and large fenced in yard.  This is a must see property!
Unit Size
994 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$261
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #72427542)

Price History

Date / Event Date Event Price
Mar 19, 2019 Sold
Premium
Sold
Nov 28, 2018 Listed by Coldwell Banker Residential Brokerage - Beverly $259,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Jan 23, 2009 Sold
Premium
Sold
Oct 17, 2008 Listed by Peter Meo Real Estate $42,300
Listed by Peter Meo Real Estate
HUD Owned Property. 2-Bedromm Single FamilyRegistered HUD brokers may use hud key and show. HUD brokers may submit offer on-line.
Dec 8, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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
  • 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: 6,400
  • Total Building Area: 2,163
  • Gross Building Area: 2,880
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 250500

Geography

  • Account Number: 171 0000 0094 A
  • Parcel: LAWR M:0171 B:0000 L:0094
  • Lot: 94
  • Municipality: LAWRENCE
  • Latitude: 42.7167
  • Longitude: -71.1708

    Address

  • Full Address: 118 Walnut St
  • Address - House Number: 118
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C025
  • 4-Digit Zip Code: 2430
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $449,500

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 502,715
  • High Value: 598,182
  • Low Value: 407,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $485,900
  • Assessed Land Value: $126,800
  • Assessed Improvements Value: $359,100

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5681
  • Previous Sale Recording Date: Jan 23, 2009
  • 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 Arlington

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

70

Average Home Size

3678 ft²

Average Home Age

86.5 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# 72427542

Frequently Asked Questions

When was property at 118 Walnut Street built and last sold?
The property at 118 Walnut Street was built in 1920 and last sold on Mar 14, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 118 Walnut Street is $262,004.
What are some comparable homes to 118 Walnut Street?
There are currently no comparable homes to 118 Walnut Street.
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