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Lawrence 01841
265 Cypress Ave
Photo of 265 Cypress Ave
Sold on Jun 30, 2010

1

Map

$207,000
● House - Off Market

265 Cypress Ave

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,550 Ft²
$441,934
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Don't miss the TAX CREDIT! Absolutely IMMACULATE! Pride of home ownership shines in this conveniently located home. Move right in & make this flexible floor plan work for you. Large addition off kitchen currently being used as dining room would also be perfect for so many other uses. Family room, 1/2 bath & laundry in lower level. Charming home features hardwood under some of the wall/wall carpet, central a/c, large deck all sitting on a pretty manicured yard. Can close in time for tax credit.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$135
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1945

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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: 2 years ago (MLSPIN #71035903)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 17, 2021 Listed $369,900
Listed
Jun 30, 2010 Sold
Premium
Sold
Feb 21, 2010 Listed $209,921
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 5,000
  • Total Building Area: 1,205
  • Gross Building Area: 2,952
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERY PARK
  • Land Acres: 0000000115
  • 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: 240 0000 0012 A
  • Parcel: LAWR M:0240 B:0000 L:0012
  • Lot: 12
  • Municipality: LAWRENCE
  • Latitude: 42.7009
  • Longitude: -71.1894

    Address

  • Full Address: 265 Cypress Ave
  • Address - House Number: 265
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4456
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $381,900

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 468,843
  • High Value: 555,149
  • Low Value: 382,537

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $412,900
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $295,300

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32650
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Amount: $207,000
  • 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 Lawrence

Stats & Trends

Median Asking:

$584,500

Sale Price/ft²

$302

Below Asking

0.01%

Average Days on Market

60

Average Home Size

3630 ft²

Average Home Age

88.4 years

Currently For Sale

48 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: 2 years ago
Data Source: MLS PIN, MLS# 71035903

Frequently Asked Questions

When was property at 265 Cypress Avenue built and last sold?
The property at 265 Cypress Avenue was built in 1945 and last sold on Sep 30, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 265 Cypress Avenue is $387,195.
What are some comparable homes to 265 Cypress Avenue?
There are currently no comparable homes to 265 Cypress Avenue.
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