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Lawrence 01841 Tower Hill
17 Maurice Ave
$515,000
● House - Off Market

17 Maurice Ave

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$2,758
Est. Monthly

About This Property

Welcome to desirable TowerHill!!! This goods sized single family home offers 3 bedrooms and 2 bathrooms, a large yard with a good sized patio, plenty of parking. enclosed all season porch, super clean basement with laundry area. Large master bedroom and good sized kitchen, gorgeous hardwood floors all throughout and good sized bathrooms.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$333
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #73286230)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Sep 19, 2024 In contract -
In contract
Sep 5, 2024 Listed by Home Realty Group LLC $494,999
Listed by Home Realty Group LLC
Sep 14, 2022 Sold
Premium
Sold
Jun 27, 2022 Listed by Home Realty Group LLC $379,900
Listed by Home Realty Group LLC
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 13,280
  • Total Building Area: 1,488
  • Gross Building Area: 2,616
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • 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: 229 0000 0010 A
  • Parcel: LAWR M:0229 B:0000 L:0010
  • Lot: 10
  • Municipality: LAWRENCE
  • Latitude: 42.7059
  • Longitude: -71.1863

    Address

  • Full Address: 17 Maurice Ave
  • Address - House Number: 17
  • Address - Street Name: Maurice
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C021
  • 4-Digit Zip Code: 3241
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $391,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 475,075
  • High Value: 562,528
  • Low Value: 387,622

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,600
  • Assessed Land Value: $154,300
  • Assessed Improvements Value: $269,300

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21567
  • Previous Sale Recording Date: Sep 25, 2014
  • Previous Sale Amount: $200,000
  • 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:

$649,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2093 ft²

Average Home Age

114.9 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73286230

Frequently Asked Questions

When was property at 17 Maurice Avenue built and last sold?
The property at 17 Maurice Avenue was built in 1958 and last sold on Sep 13, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 17 Maurice Avenue is $476,658.
What are some comparable homes to 17 Maurice Avenue?
There are currently no comparable homes to 17 Maurice Avenue.
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