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Lawrence 01841 Arlington
21-23 Bromfield St
$330,000
● House - Off Market

21-23 Bromfield St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$340,446
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Nice single-family home built in 2004, not much to do here except make it your own. Nice spacious farmers porch to sit and relax, big back yard, and a two-car tandem parking driveway.  When you first walk into the home you will see a spacious mudroom, high ceilings, and lots of windows for sunlight. The first-floor living is just the way you want a family room, dining room, kitchen, half bath, and a big closet space off the kitchen. The second floor has three bedrooms, with plenty of closet space.  A new carpet has been ordered and should be installed before the new buyers move in. The first showings start at the open house on Sunday, July 11th at 12 pm. This home is in a flood zone and requires flood insurance.  An elevation certificate is a process.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$214
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1880

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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: 5 years ago (MLSPIN #72860059)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Jul 5, 2021 Listed by Greenville Real Estate Group, Inc. $299,900
Listed by Greenville Real Estate Group, Inc.

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 3,200
  • Total Building Area: 1,162
  • Gross Building Area: 2,178
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUSWELL & GRAVES
  • Land Acres: 0000000073
  • 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: 250500

Geography

  • Account Number: 149 0000 0064 A
  • Parcel: LAWR M:0149 B:0000 L:0064
  • Lot: 64
  • Municipality: LAWRENCE
  • Latitude: 42.7155
  • Longitude: -71.1671

    Address

  • Full Address: 21 Bennington St
  • Address - House Number: 21
  • Address - Street Name: Bennington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C015
  • 4-Digit Zip Code: 2518
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $301,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 390,924
  • High Value: 474,293
  • Low Value: 307,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $325,700
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $223,300
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 Arlington

Stats & Trends

Median Asking:

$730,000

Sale Price/ft²

$261

Below Asking

0.01%

Average Days on Market

71

Average Home Size

3678 ft²

Average Home Age

86.5 years

Currently For Sale

2 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 years ago
Data Source: MLS PIN, MLS# 72860059

Frequently Asked Questions

When was property at 21 Bromfield Street built and last sold?
The property at 21 Bromfield Street was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21 Bromfield Street is $0.
What are some comparable homes to 21 Bromfield Street?
There are currently no comparable homes to 21 Bromfield Street.
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