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Lawrence 01841 Tower Hill
21 Ames Street
$482,000
● House - Off Market

21 Ames Street

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,836 Ft²
$494,529
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcome Home!! Great tower hill location, this completely renovated 4+ bedrooms home will not disappoint. Offering a new central A/C and heating system, new kitchen with quartz counters tops, tiled floor and stainless steel appliances that is open to the dining area. Completely renovated bathroom, completed interior & exterior fresh painted,  Sanded & polished hardwood floors, car garage, private back yard and more. Schedule your showing today!!
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$261
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1920

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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 #73070138)

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold
Premium
Sold
Jan 21, 2023 In contract -
In contract
Jan 12, 2023 Listed by Berkshire Hathaway HomeServices Verani Realty Methuen $479,900
Listed by Berkshire Hathaway HomeServices Verani Realty Methuen
Oct 14, 2022 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 3
  • 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: 5,500
  • Total Building Area: 1,224
  • Gross Building Area: 3,918
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 251400

Geography

  • Account Number: 204 0000 0016 A
  • Parcel: LAWR M:0204 B:0000 L:0016
  • Lot: 16
  • Municipality: LAWRENCE
  • Latitude: 42.696
  • Longitude: -71.18

    Address

  • Full Address: 21 Ames St
  • Address - House Number: 21
  • Address - Street Name: Ames
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4903
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $269,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 436,844
  • High Value: 517,417
  • Low Value: 356,271

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $290,900
  • Assessed Land Value: $120,900
  • Assessed Improvements Value: $170,000

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3067
  • Previous Sale Recording Date: Oct 14, 2022
  • Previous Sale Contract Date: Aug 04, 2022
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 34
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

4474 ft²

Average Home Age

118.7 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73070138

Frequently Asked Questions

When was property at 21 Ames Street built and last sold?
The property at 21 Ames Street was built in 1920 and last sold on Mar 2, 2023 for $482,000.
How much is this home worth?
The estimated value of the home located at 21 Ames Street is $485,088.
What are some comparable homes to 21 Ames Street?
There are currently no comparable homes to 21 Ames Street.
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