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Lawrence 01843 South Common
185 Abbott St
Photo of 185 Abbott St
Sold on May 11, 2007

1

Map

$200,000
● House - Off Market

185 Abbott St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$350,646
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Reduced, 7K below the assessment and priced to sell! Near 495 and Rt 114, shops, movies, walkable distance to schools, and restaurants.  Updated windows, electrical, vinyl siding, a two car det. garage, and a paved backyard.  A little updating (cosmetics) in the bedrooms can make this a beautiful home. A bonus room and an additional full bath in the basement completed by the seller.  Prequalified and serious buyers only please.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$150
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1915

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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 #70493787)

Price History

Date / Event Date Event Price
May 11, 2007 Sold
Premium
Sold
Nov 27, 2006 Listed $204,900
Listed
Jul 30, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 4,952
  • Total Building Area: 1,342
  • Gross Building Area: 2,362
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 251600

Geography

  • Account Number: 62 0000 0027 A
  • Parcel: LAWR M:0062 B:0000 L:0027
  • Lot: 27
  • Municipality: LAWRENCE
  • Latitude: 42.6977
  • Longitude: -71.1495

    Address

  • Full Address: 185 Abbott St
  • Address - House Number: 185
  • Address - Street Name: Abbott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C045
  • 4-Digit Zip Code: 1807
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,400

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 462,309
  • High Value: 550,559
  • Low Value: 374,058

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,300
  • Assessed Land Value: $111,500
  • Assessed Improvements Value: $286,800

    Sales

  • Current Sale Recording Date: May 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 151346
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Amount: $156,500
  • 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 Common

Stats & Trends

Median Asking:

$825,000

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

76

Average Home Size

5013 ft²

Average Home Age

94 years

Currently For Sale

5 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# 70493787

Frequently Asked Questions

When was property at 185 Abbott Street built and last sold?
The property at 185 Abbott Street was built in 1915 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 185 Abbott Street is $210,446.
What are some comparable homes to 185 Abbott Street?
There are currently no comparable homes to 185 Abbott Street.
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