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Lawrence 01843 South West
18 State St
$213,000
● House - Off Market

18 State St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,558 Ft²
$318,562
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Spacious, commuter friendly 3 - 4 bedroom colonial! Newer heating system, hot water heater, windows! Electricity recently updated. Fully applianced updated kitchen.  Front to back master bedroom with recessed lighting. Flexible 2nd flr plan, reinstall wall in MBR to bring back 4th bedroom. One car garage. Convenient to highways, commuter rail, & downtown!  Home will not comply with FHA guidelines at this time. Seller may be willing to make repairs, should not take much to get it there.  Come take a look!
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$135
Property Type
House
Property Taxes
$221
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: 4 months ago (MLSPIN #72399068)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Sep 20, 2018 Listed by Keller Williams Realty $209,900
Listed by Keller Williams Realty
Dec 20, 2007 Sold
Premium
Sold
Aug 6, 2007 Listed by Keller Williams Realty $179,921
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 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: 4,000
  • Total Building Area: 1,558
  • Gross Building Area: 2,958
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 251500

Geography

  • Account Number: 99 0000 0007 A
  • Parcel: LAWR M:0099 B:0000 L:0007
  • Lot: 7
  • Municipality: LAWRENCE
  • Latitude: 42.6934
  • Longitude: -71.1603

    Address

  • Full Address: 18 State St
  • Address - House Number: 18
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C043
  • 4-Digit Zip Code: 2102
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $323,300

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 433,864
  • High Value: 515,095
  • Low Value: 352,632

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $349,500
  • Assessed Land Value: $103,900
  • Assessed Improvements Value: $245,600

    Sales

  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26978
  • Previous Sale Recording Date: Dec 20, 2007
  • Previous Sale Amount: $140,000
  • 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 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# 72399068

Frequently Asked Questions

When was property at 18 State Street built and last sold?
The property at 18 State Street was built in 1900 and last sold on Jan 1, 1970 for $213,000.
How much is this home worth?
The estimated value of the home located at 18 State Street is $211,629.
What are some comparable homes to 18 State Street?
There are currently no comparable homes to 18 State Street.
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