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Lawrence 01841 Tower Hill
2 Tudor Avenue
$195,000
● House - Off Market

2 Tudor Avenue

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$465,201
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

CHARMING TOWER HILL CAPE ON QUIET DEAD END STREET OFFERS EASY AXPANSION.THIS ADORABLE HOME FEATURES HARDWOOD FLOORS, FIREPLACED LIVINGROOM & NEWLY UPDATED KITCHEN & BATH.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$173
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1941

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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 #30670983)

Price History

Date / Event Date Event Price
Dec 15, 2020 Sold
Premium
Sold
Nov 7, 2020 Listed by Century 21 McLennan & Company $299,900
Listed by Century 21 McLennan & Company
May 30, 2003 Sold
Premium
Sold
Nov 22, 2002 Listed by RE/MAX Partners $199,500
Listed by RE/MAX Partners
CHARMING TOWER HILL CAPE ON QUIET DEAD END STREET OFFERS EASY AXPANSION.THIS ADORABLE HOME FEATURES HARDWOOD FLOORS, FIREPLACED LIVINGROOM & NEWLY UPDATED KITCHEN & BATH.
Jun 15, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,685
  • Total Building Area: 1,714
  • Gross Building Area: 3,552
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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 0003 A
  • Parcel: LAWR M:0229 B:0000 L:0003
  • Lot: 3
  • Municipality: LAWRENCE
  • Latitude: 42.7065
  • Longitude: -71.1864

    Address

  • Full Address: 2 Tudor Ave
  • Address - House Number: 2
  • Address - Street Name: Tudor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C021
  • 4-Digit Zip Code: 3227
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $401,500

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 493,607
  • High Value: 584,471
  • Low Value: 402,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $434,000
  • Assessed Land Value: $128,800
  • Assessed Improvements Value: $305,200

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35995
  • Previous Sale Recording Date: Aug 19, 2004
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2538 ft²

Average Home Age

126 years

Currently For Sale

9 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: 5 months ago
Data Source: MLS PIN, MLS# 30670983

Frequently Asked Questions

When was property at 2 Tudor Avenue built and last sold?
The property at 2 Tudor Avenue was built in 1941 and last sold on Dec 7, 2020 for $385,000.
How much is this home worth?
The estimated value of the home located at 2 Tudor Avenue is $317,109.
What are some comparable homes to 2 Tudor Avenue?
There are currently no comparable homes to 2 Tudor Avenue.
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