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Lawrence 01841 Tower Hill
16 Bellevue Street
$380,000
● House - Off Market

16 Bellevue Street

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,132 Ft²
$586,106
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This home is presently under a stage of renovation. Expected timeframe is three weeks expected until completeion and occupancy.This beautiful and appointed home sits high above the Towerhill section of the city. Grand balcony. Spacious home with period details and hardwood floors throughout. Center staircase leading to the upper bedrooms is accented by a beautiful stained glass widow. Rooms galore and ready for the larger family to enjoy.
Unit Size
3,132 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$128
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #72505324)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Empire Real Estate™ $399,900
Listed by Empire Real Estate™
Sep 20, 2016 Sold
Premium
Sold

Property Highlights

Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 28,688
  • Total Building Area: 3,132
  • Gross Building Area: 6,965
  • Building Area: 3,132
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,132
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000659
  • 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: 209 0000 0060 A
  • Parcel: LAWR M:0209 B:0000 L:0060
  • Lot: 60
  • Municipality: LAWRENCE
  • Latitude: 42.7052
  • Longitude: -71.1797

    Address

  • Full Address: 16 Bellevue St
  • Address - House Number: 16
  • Address - Street Name: Bellevue
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C021
  • 4-Digit Zip Code: 3316
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,600
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 577,784
  • High Value: 677,335
  • Low Value: 478,234

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,300
  • Assessed Land Value: $156,400
  • Assessed Improvements Value: $359,900

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21843
  • Previous Sale Recording Date: Sep 20, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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

2752 ft²

Average Home Age

116.7 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72505324

Frequently Asked Questions

When was property at 16 Bellevue Street built and last sold?
The property at 16 Bellevue Street was built in 1920 and last sold on Sep 6, 2019 for $372,200.
How much is this home worth?
The estimated value of the home located at 16 Bellevue Street is $422,994.
What are some comparable homes to 16 Bellevue Street?
There are currently no comparable homes to 16 Bellevue Street.
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