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Lawrence 01843 Colonial Heights
26 Durso Ave
$460,000
● House - Off Market

26 Durso Ave

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,176 Ft²
$459,741
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Nestled in a highly sought after neighborhood of Colonial Heights of Lawrence. This beautiful ranch style home welcomes you! Upon entry you will be greeted in a spacious, sunny living room with a wood burning fireplace. And off to the Mud room area is the slider to your fenced in backyard, which is perfect for spending time outdoors in the warmer months. This beautiful home features 3 bedrooms, 1.5 bathrooms and a spacious finished basement that can be used as game room, play room, or movie theater room. There is a 1 car garage with a driveway and an immense backyard. This property is conveniently close to highways, restaurants, schools, and shopping centers.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$374
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1950

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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 #73067451)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Jan 19, 2023 In contract -
In contract
Jan 14, 2023 Relisted $440,000
Relisted
Jan 11, 2023 In contract -
In contract
Jan 3, 2023 Listed by LAER Realty Partners $440,000
Listed by LAER Realty Partners
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,176
  • Gross Building Area: 3,936
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,176
  • 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: 58 0000 0029 A
  • Parcel: LAWR M:0058 B:0000 L:0029
  • Lot: 29
  • Municipality: LAWRENCE
  • Latitude: 42.6878
  • Longitude: -71.1496

    Address

  • Full Address: 26 Durso Ave
  • Address - House Number: 26
  • Address - Street Name: Durso
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2802
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $408,000

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 521,356
  • High Value: 616,096
  • Low Value: 426,616

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $441,100
  • Assessed Land Value: $143,500
  • Assessed Improvements Value: $297,600

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2561
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: O
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

41

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73067451

Frequently Asked Questions

When was property at 26 Durso Avenue built and last sold?
The property at 26 Durso Avenue was built in 1950 and last sold on Feb 22, 2023 for $460,000.
How much is this home worth?
The estimated value of the home located at 26 Durso Avenue is $432,766.
What are some comparable homes to 26 Durso Avenue?
There are currently no comparable homes to 26 Durso Avenue.
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