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Lawrence 01841 Tower Hill
24 Olive Avenue
Photo of 24 Olive Avenue
Sold on Jun 16, 2005

1

Map

$272,500
● House - Off Market

24 Olive Avenue

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,790 Ft²
$490,719
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

TOWER HILL Beautiful 8-9 rm, 3-4 bdrm Victorian w/lots of character! 3 enclosed porches, fireplaced living room, hardwood floors throughout. Lots of character and charm in the wood work and ceilings. 3 second floor bedrooms with large closets. Additional 20 x 20 room on the third floor. Maids staircase from dining room/kitchen. 2 additional 10 x 10 storage areas on 3rd floor. Full basement.Two car garage...quick close possible...bring offers.
Unit Size
1,790 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$154
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
1901

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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 #70150902)

Price History

Date / Event Date Event Price
Jun 17, 2005 Sold
Premium
Sold
Feb 28, 2005 Listed $275,000
Listed
Jan 31, 2000 Sold
Premium
Sold
Nov 8, 1999 Listed by Swan Realty $119,900
Listed by Swan Realty
TOP OF TOWER HILL ONE OF A KIND VICTORIAN 3-4 BEDROOMS CUSTOM MOLDINGS HARDWOOD FLOORS 2 STLL GARAGE MUCH MORE A MUST SEE

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 4,932
  • Total Building Area: 1,790
  • Gross Building Area: 3,728
  • Building Area: 1,790
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,790
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 227 0000 0033 A
  • Parcel: LAWR M:0227 B:0000 L:0033
  • Lot: 33
  • Municipality: LAWRENCE
  • Latitude: 42.7018
  • Longitude: -71.1832

    Address

  • Full Address: 24 Olive Ave
  • Address - House Number: 24
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4106
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,300

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 477,582
  • High Value: 568,749
  • Low Value: 386,416

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,700
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $288,700

    Sales

  • Current Sale Recording Date: Jun 17, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21618
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

2548 ft²

Average Home Age

125 years

Currently For Sale

10 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70150902

Frequently Asked Questions

When was property at 24 Olive Avenue built and last sold?
The property at 24 Olive Avenue was built in 1901 and last sold on Jan 1, 1970 for $272,500.
How much is this home worth?
The estimated value of the home located at 24 Olive Avenue is $285,499.
What are some comparable homes to 24 Olive Avenue?
There are currently no comparable homes to 24 Olive Avenue.
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