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Lawrence 01840 North Common
16 Orchard St
$199,900
● House - Off Market

16 Orchard St

Lawrence, MA 01840
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,948 Ft²
$293,853
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Spacious 3 bedroom brick row house conveniently located to shopping, downtown, train station and Route 495. Kitchen features gas stove , refrigerator and dishwasher and dining area. Large living room with built in entertainment center and also has a bar and wet bar. Half bath completes first floor. Second floor has wood flooring and 2 bedrooms and full bathroom. Third floor features very spacious master bedroom with sky lights cathedral ceiling and beams. Bedroom also has a ceiling fan. Backyard features fenced in yard, Shed and Patio area. Property could use some updating and is priced accordingly.  Property to be sold in as is condition
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$103
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72494460)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
May 6, 2019 Listed by Coco, Early & Associates The Olivares and Molina Division $199,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Jan 9, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 1,860
  • Total Building Area: 1,948
  • Gross Building Area: 3,080
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 733
  • Land Acres: 0000000043
  • 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: 250900

Geography

  • Account Number: 87 0000 0035 A
  • Parcel: LAWR M:0087 B:0000 L:0035
  • Lot: 35
  • Municipality: LAWRENCE
  • Latitude: 42.7097
  • Longitude: -71.1543

    Address

  • Full Address: 16 Orchard St
  • Address - House Number: 16
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C001
  • 4-Digit Zip Code: 1716
  • Zip Code: 01840

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $312,100

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 274,379
  • High Value: 324,295
  • Low Value: 224,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,400
  • Assessed Land Value: $78,700
  • Assessed Improvements Value: $258,700

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14495
  • Previous Sale Recording Date: Jan 09, 2001
  • Previous Sale Amount: $86,000
  • 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 North Common

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$217

Above Asking

0.00%

Average Days on Market

55

Average Home Size

17554 ft²

Average Home Age

129.8 years

Currently For Sale

4 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# 72494460

Frequently Asked Questions

When was property at 16 Orchard Street built and last sold?
The property at 16 Orchard Street was built in 1900 and last sold on Jun 25, 2019 for $199,900.
How much is this home worth?
The estimated value of the home located at 16 Orchard Street is $202,020.
What are some comparable homes to 16 Orchard Street?
There are currently no comparable homes to 16 Orchard Street.
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