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Lawrence 01841 Tower Hill
149 May St
$405,000
● House - Off Market

149 May St

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,596 Ft²
$421,065
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Take a look at this wonderful Victorian Colonial home in a convenient location with so many updates! New updated open concept eat-in kitchen with a beautiful breakfast bar and modern upgraded cabinets and appliances. There is an also upgraded bathroom. Freshly painted in neutral colors and beautiful hardwood floors throughout. Save on your electric bill with leased solar panels! New roof August 2019, new windows 2019 and 2020! The driveway is expanded making parking feasible for multiple cars, plus there is a 2-car detached garage! Lots of details make this home unique! You don't want to miss out on this one!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$250
Property Type
House
Property Taxes
$272
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: 4 months ago (MLSPIN #73044641)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Oct 12, 2022 In contract -
In contract
Oct 5, 2022 Listed by Jill & Co. Realty Group $399,000
Listed by Jill & Co. Realty Group
Oct 13, 2009 Sold
Premium
Sold
Aug 4, 2009 Listed by Jill & Co. Realty Group $124,900
Listed by Jill & Co. Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 7,385
  • Total Building Area: 1,596
  • Gross Building Area: 2,844
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 250300

Geography

  • Account Number: 211 0000 0003 A
  • Parcel: LAWR M:0211 B:0000 L:0003
  • Lot: 3
  • Municipality: LAWRENCE
  • Latitude: 42.7115
  • Longitude: -71.1795

    Address

  • Full Address: 149 May St
  • Address - House Number: 149
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C008
  • 4-Digit Zip Code: 3326
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $333,300

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 463,532
  • High Value: 548,860
  • Low Value: 378,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $360,300
  • Assessed Land Value: $133,400
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26260
  • Previous Sale Recording Date: Oct 13, 2009
  • Previous Sale Amount: $127,000
  • 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

4474 ft²

Average Home Age

118.7 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73044641

Frequently Asked Questions

When was property at 149 May Street built and last sold?
The property at 149 May Street was built in 1900 and last sold on Nov 10, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 149 May Street is $400,586.
What are some comparable homes to 149 May Street?
There are currently no comparable homes to 149 May Street.
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