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Lawrence 01843 Colonial Heights
2 Pilgrim Rd.
$365,000
● House - Off Market

2 Pilgrim Rd.

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$551,963
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Completely remodeled interior with quality craftsmanship and new roof, this beautiful open concept ranch boasts gleaming hardwood floors, custom built wall cabinet with surround sound in LR, new kitchen with maple cabinets, granite counters, wall oven, built-in micro, center island with cook top gas range/hood, inverted lighting. Newer detached heated garage as well as heated 1 car garage. Landscaped lot with backyard patio. This home has central air, central vac, town water and sewer and gas heat.  Brick and stone exterior add such curb appeal to this property.  Basement allows plenty of room for future expansion with a woodstove and 1/2 bath already in place.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1964

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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 #72442656)

Price History

Date / Event Date Event Price
Mar 8, 2019 Sold
Premium
Sold
Jan 17, 2019 Listed by Coldwell Banker Residential Brokerage - Derry NH $369,000
Listed by Coldwell Banker Residential Brokerage - Derry NH
Mar 1, 2007 Sold
Premium
Sold
Nov 16, 2006 Listed by Coldwell Banker Residential Brokerage - Derry NH $269,900
Listed by Coldwell Banker Residential Brokerage - Derry NH

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 10,000
  • Total Building Area: 1,344
  • Gross Building Area: 3,537
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 56 0000 0038 A
  • Parcel: LAWR M:0056 B:0000 L:0038
  • Lot: 38
  • Municipality: LAWRENCE
  • Latitude: 42.6838
  • Longitude: -71.1495

    Address

  • Full Address: 2 Pilgrim Rd
  • Address - House Number: 2
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C046
  • 4-Digit Zip Code: 3713
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $434,000

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 559,141
  • High Value: 660,664
  • Low Value: 457,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,200
  • Assessed Land Value: $143,500
  • Assessed Improvements Value: $325,700

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5006
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Amount: $260,000
  • 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72442656

Frequently Asked Questions

When was property at 2 Pilgrim Road built and last sold?
The property at 2 Pilgrim Road was built in 1964 and last sold on Mar 8, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 2 Pilgrim Road is $369,495.
What are some comparable homes to 2 Pilgrim Road?
There are currently no comparable homes to 2 Pilgrim Road.
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