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Lawrence 01843 Colonial Heights
18 Cutler St
$345,000
● House - Off Market

18 Cutler St

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$556,170
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Get ready to check off all of the boxes! Here it is the one you have been waiting for! Completely remodeled ranch in the sought after neighborhood of Colonial Heights!. NEW roof, NEW flooring, NEW Buderus Boiler system, NEW doors, NEW windows, updated 200 amp electrical and recessed lighting. Beautifully remodeled kitchen and baths. Two Fugitsu ductless a/c/heat wall units. Extended family? No problem! FULL IN-LAW complete with kitchen, open concept living/dining, two bedrooms and full bath. Amazing flat fenced in backyard with brand new patio and custom built shed. Conveniently located right off of I495. Showings begin at first open house Saturday the 26th and Sunday the 27th from 12-2pm Don't miss out on this rare opportunity!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$152
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1969

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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 #72217176)

Price History

Date / Event Date Event Price
Oct 13, 2017 Sold
Premium
Sold
Aug 22, 2017 Listed by Keller Williams Realty Evolution $349,900
Listed by Keller Williams Realty Evolution
Nov 30, 2006 Sold
Premium
Sold
Sep 11, 2006 Listed by Keller Williams Realty Evolution $243,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • 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: 10,462
  • Total Building Area: 1,280
  • Gross Building Area: 3,016
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 251700

Geography

  • Account Number: 57 0000 0041 A
  • Parcel: LAWR M:0057 B:0000 L:0041
  • Lot: 41
  • Municipality: LAWRENCE
  • Latitude: 42.6866
  • Longitude: -71.1492

    Address

  • Full Address: 18 Cutler St
  • Address - House Number: 18
  • Address - Street Name: Cutler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C046
  • 4-Digit Zip Code: 3734
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $413,100

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 551,478
  • High Value: 651,609
  • Low Value: 451,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,600
  • Assessed Land Value: $144,100
  • Assessed Improvements Value: $302,500

    Sales

  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26921
  • Previous Sale Recording Date: Nov 30, 2006
  • Previous Sale Amount: $240,000
  • 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 Colonial Heights

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$403

Above Asking

0.00%

Average Days on Market

44

Average Home Size

1088 ft²

Average Home Age

45 years

Currently For Sale

1 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# 72217176

Frequently Asked Questions

When was property at 18 Cutler Street built and last sold?
The property at 18 Cutler Street was built in 1969 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 18 Cutler Street is $354,475.
What are some comparable homes to 18 Cutler Street?
There are currently no comparable homes to 18 Cutler Street.
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