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Lawrence 01843 Colonial Heights
15 Patton
$255,900
● House - Off Market

15 Patton

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,270 Ft²
$386,839
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Come view this warm and inviting home located in Colonial Heights. This 2  bedroom home is currently being used as a  3rd bedroom. The space for the third bedroom was taken from the master and has potential to be converted back.  A additional room with closet is located on the first floor and currently being used as a playroom. Kitchen has upgraded cabinets and counter tops and dining area.
Unit Size
1,270 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$191
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1950

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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 #72178367)

Price History

Date / Event Date Event Price
Jul 21, 2017 Sold
Premium
Sold
Jun 7, 2017 Listed by Coco, Early & Associates The Olivares and Molina Division $242,000
Listed by Coco, Early & Associates The Olivares and Molina Division
Sep 30, 2005 Sold
Premium
Sold
Jun 27, 2005 Listed $269,900
Listed
This Colonial Heights garrison features 3/4 bedrooms, hardwood floors, fireplaced livingroom with builtins, fenced in back yard, and an attached 1 car garage. Close to Rt 495 at the No. Andover line First floor den has a closet, could be a 4th bedroom

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,400
  • Total Building Area: 1,486
  • Gross Building Area: 2,078
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 58 0000 0061 A
  • Parcel: LAWR M:0058 B:0000 L:0061
  • Lot: 61
  • Municipality: LAWRENCE
  • Latitude: 42.6884
  • Longitude: -71.148

    Address

  • Full Address: 15 Patton St
  • Address - House Number: 15
  • Address - Street Name: Patton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C046
  • 4-Digit Zip Code: 3720
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $365,100

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 500,751
  • High Value: 594,506
  • Low Value: 406,997

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,700
  • Assessed Land Value: $114,500
  • Assessed Improvements Value: $280,200

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116416
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 Colonial Heights

Stats & Trends

Median Asking:

$532,450

Sale Price/ft²

$418

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1088 ft²

Average Home Age

45 years

Currently For Sale

1 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: 4 months ago
Data Source: MLS PIN, MLS# 72178367

Frequently Asked Questions

When was property at 15 Patton Street built and last sold?
The property at 15 Patton Street was built in 1950 and last sold on Jul 21, 2017 for $255,900.
How much is this home worth?
The estimated value of the home located at 15 Patton Street is $258,420.
What are some comparable homes to 15 Patton Street?
There are currently no comparable homes to 15 Patton Street.
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