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Lawrence 01843 Colonial Heights
3 Durso Ave
$650,000
● House - Off Market

3 Durso Ave

Lawrence, MA 01843
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,212 Ft²
$661,223
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Estate Sale- One of the finest homes, and plots of land, in the city!  This one owner, custom built, 92' long ranch sits on a gorgeous, private .82 acre lot of land in sought after Colonial Heights.  Above the garage sits an awesome private suite, perfect for a (potential) in-law apt.  An additional 2000 sq ft has been finished in the lower level, so this home can easily function as a 17 room, 7 or 8 bedroom, 3 bath home.  Bonus features include an in-ground pool, tennis court, 2 fireplaces, multiple composite decks, 3 kitchens, and more!  Fabulous location is close to shopping, dining, and Rt 495 and Rt 93!  This home is move in ready, but is sold in as-is condition.  24 hours required for showings.
Unit Size
3,212 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$202
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #73085440)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Mar 14, 2023 In contract -
In contract
Mar 8, 2023 Listed by Century 21 McLennan & Company $649,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 35,697
  • Total Building Area: 3,212
  • Gross Building Area: 5,692
  • Building Area: 3,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,212
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000819
  • 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 0022 A
  • Parcel: LAWR M:0058 B:0000 L:0022
  • Lot: 22
  • Municipality: LAWRENCE
  • Latitude: 42.6889
  • Longitude: -71.1501

    Address

  • Full Address: 3 Durso Ave
  • Address - House Number: 3
  • Address - Street Name: Durso
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2801
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,000

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 667,444
  • High Value: 771,348
  • Low Value: 563,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,600
  • Assessed Land Value: $149,400
  • Assessed Improvements Value: $379,200

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6074
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: 4 months ago
Data Source: MLS PIN, MLS# 73085440

Frequently Asked Questions

When was property at 3 Durso Avenue built and last sold?
The property at 3 Durso Avenue was built in 1960 and last sold on Apr 26, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 3 Durso Avenue is $657,067.
What are some comparable homes to 3 Durso Avenue?
There are currently no comparable homes to 3 Durso Avenue.
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