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Lawrence 01843 Colonial Heights
292 Colonial Rd
Photo of 292 Colonial Rd
Sold on Apr 29, 2010

1

Map

$230,000
● House - Off Market

292 Colonial Rd

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$506,867
RealtyHop Estimate
111.28%
Since May 1, 2010
National-US
Primary Model

About This Property

So. Lawrence, spacious 7 rm, 2 bath ranch in Colonial Heights with oversize 2 car garage. Lots of light in LR with 3 big picture windows & DR with bow window. Well cabineted, applianced, eat-in kitchen. Features include office or den, master bath, C/A, vinyl siding, Thermopane windows, natural woodwork, walk-up attic & basement for storage, alarm, new hot water tank & private backyard with deck and shed.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$143
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1952

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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: 2 years ago (MLSPIN #70986689)

Price History

Date / Event Date Event Price
Apr 30, 2010 Sold
Premium
Sold
Oct 8, 2009 Listed $239,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1,876
  • Gross Building Area: 4,794
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND SOUTH LAWRENCE
  • 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: 57 0000 0006 A
  • Parcel: LAWR M:0057 B:0000 L:0006
  • Lot: 6
  • Municipality: LAWRENCE
  • Latitude: 42.6865
  • Longitude: -71.151

    Address

  • Full Address: 292 Colonial Rd
  • Address - House Number: 292
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C046
  • 4-Digit Zip Code: 3729
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $376,300

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 556,587
  • High Value: 657,646
  • Low Value: 455,528

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,800
  • Assessed Land Value: $143,500
  • Assessed Improvements Value: $263,300

    Sales

  • Current Sale Recording Date: Apr 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10849
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:

$532,450

Sale Price/ft²

$418

Above Asking

0.00%

Average Days on Market

43

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: 2 years ago
Data Source: MLS PIN, MLS# 70986689

Frequently Asked Questions

When was property at 292 Colonial Road built and last sold?
The property at 292 Colonial Road was built in 1952 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 292 Colonial Road is $0.
What are some comparable homes to 292 Colonial Road?
There are currently no comparable homes to 292 Colonial Road.
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