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Lawrence 01841 Tower Hill
150 Olive Avenue
$165,000
● House - Off Market

150 Olive Avenue

Lawrence, MA 01841
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$416,794
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

NEAT CUTE AND AFFORDABLE THIS TOWERHILL RANCH! 4/2/1, LARGE LIVING ROOM, HARDWOOD FLOOR UNDER CARPET, UPDATED KITCHEN & BATH, GOOD SIZE YARD, 1 CAR GARAGE, OFF STREET PARKING AND MINUTES TO RT 93! HURRY!!
Unit Size
768 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$221
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
1960

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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 #30639664)

Price History

Date / Event Date Event Price
Oct 25, 2002 Sold
Premium
Sold
Aug 23, 2002 Listed by Coco, Early & Associates $169,900
Listed by Coco, Early & Associates
Nov 28, 1997 Sold
Premium
Sold
Sep 22, 1997 Listed by Coco, Early & Associates $77,500
Listed by Coco, Early & Associates

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 5,000
  • Total Building Area: 768
  • Gross Building Area: 1,640
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERY PARK LAWRENCE & METHUEN
  • Land Acres: 0000000115
  • 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: 250200

Geography

  • Account Number: 240 0000 0071 A
  • Parcel: LAWR M:0240 B:0000 L:0071
  • Lot: 71
  • Municipality: LAWRENCE
  • Latitude: 42.7007
  • Longitude: -71.1876

    Address

  • Full Address: 150 Olive Ave
  • Address - House Number: 150
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4420
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $311,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 392,950
  • High Value: 455,018
  • Low Value: 330,882

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,000
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $219,400

    Sales

  • Current Sale Recording Date: Oct 25, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 28, 1997
  • Previous Sale Amount: $73,000
  • 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

4670 ft²

Average Home Age

118 years

Currently For Sale

11 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# 30639664

Frequently Asked Questions

When was property at 150 Olive Avenue built and last sold?
The property at 150 Olive Avenue was built in 1960 and last sold on Jan 1, 1970 for $174,000.
How much is this home worth?
The estimated value of the home located at 150 Olive Avenue is $168,853.
What are some comparable homes to 150 Olive Avenue?
There are currently no comparable homes to 150 Olive Avenue.
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