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Lawrence 01843 South West
155 Dracut Street
$310,000
● House - Off Market

155 Dracut Street

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$477,336
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

South Lawrence Cape offering your Family over 1500 sq. ft. of living space.  This home has 4 bedrooms 2 full baths a HUGE eat in kitchen large comfortable living room with a 3 season sun porch off the living room.  Home has Hardwood floors Lino floors and w/w, basement is large for storage with washer and dryer hookups.  Home is currently oil heat but gas line is next to furnace and Hot water tank is gas.  Home also has fence enclosed rear yard with above ground pool and a LARGE two car garage. Don't delay show this GEM today!!!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$205
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1941

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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: 4 months ago (MLSPIN #72284461)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
Feb 22, 2018 Listed by Century 21 G. J. Brown R. E. $314,900
Listed by Century 21 G. J. Brown R. E.
Jan 20, 2000 Sold
Premium
Sold
Oct 6, 1999 Listed by Century 21 G. J. Brown R. E. $132,900
Listed by Century 21 G. J. Brown R. E.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7,000
  • Total Building Area: 1,536
  • Gross Building Area: 3,028
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 251800

Geography

  • Account Number: 138 0000 0073 A
  • Parcel: LAWR M:0138 B:0000 L:0073
  • Lot: 73
  • Municipality: LAWRENCE
  • Latitude: 42.6895
  • Longitude: -71.1655

    Address

  • Full Address: 155 Dracut St
  • Address - House Number: 155
  • Address - Street Name: Dracut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C043
  • 4-Digit Zip Code: 2533
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $366,600

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 484,671
  • High Value: 570,195
  • Low Value: 399,147

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $396,300
  • Assessed Land Value: $130,800
  • Assessed Improvements Value: $265,500

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14719
  • Previous Sale Recording Date: Jan 20, 2000
  • Previous Sale Amount: $131,900
  • 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 South West

Stats & Trends

Median Asking:

$589,000

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

61

Average Home Size

905 ft²

Average Home Age

48.7 years

Currently For Sale

3 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# 72284461

Frequently Asked Questions

When was property at 155 Dracut Street built and last sold?
The property at 155 Dracut Street was built in 1941 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 155 Dracut Street is $311,666.
What are some comparable homes to 155 Dracut Street?
There are currently no comparable homes to 155 Dracut Street.
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