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Lowell 01852 South Lowell
1220 Lawrence St
$196,400
● House - Off Market

1220 Lawrence St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,708 Ft²
$325,931
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This lovely Colonial is located in South Lowell close to major highways and the Lowell/Billerica commuter rail.  This home features an eat in kitchen, dining room or den with built in AC unit, and first floor living room.  There are three spacious bedrooms and full bath on the second level.  Off street parking for 3 or more cars.  There is a storage shed on the property.  Updated heating system, replacement windows and hardwood floors,  Enjoy the warmer weather in the three season front porch.  Great opportunity for the first time buyer.  Easy to show.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$117
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1912

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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: 5 months ago (MLSPIN #72077396)

Price History

Date / Event Date Event Price
Apr 14, 2017 Sold
Premium
Sold
Oct 5, 2016 Listed by Coldwell Banker Residential Brokerage - Tewksbury $199,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,490
  • Total Building Area: 1,348
  • Gross Building Area: 2,694
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 312300

Zoning

  • Zoning: TTF

Geography

  • Account Number: S15540
  • Parcel: LOWE M:225 B:3520 L:1220
  • Block: 3520
  • Lot: 1220
  • Municipality: LOWELL
  • Latitude: 42.6239
  • Longitude: -71.2902

    Address

  • Full Address: 1220 Lawrence St
  • Address - House Number: 1220
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C079
  • 4-Digit Zip Code: 5533
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 421,805
  • High Value: 490,389
  • Low Value: 353,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,500
  • Assessed Land Value: $140,700
  • Assessed Improvements Value: $196,800

    Sales

  • Current Sale Recording Date: Apr 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15114
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 Lowell

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2173 ft²

Average Home Age

68.2 years

Currently For Sale

22 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# 72077396

Frequently Asked Questions

When was property at 1220 Lawrence Street built and last sold?
The property at 1220 Lawrence Street was built in 1912 and last sold on Jan 1, 1970 for $196,400.
How much is this home worth?
The estimated value of the home located at 1220 Lawrence Street is $216,929.
What are some comparable homes to 1220 Lawrence Street?
There are currently no comparable homes to 1220 Lawrence Street.
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