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Lawrence 01841 Tower Hill
31 Nesmith St
$155,000
● House - Off Market

31 Nesmith St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$308,674
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Location, Location, Location. Single family home priced to sell.  This spacious cape features finish basement, 4 bedrooms, 2 bathrooms, and huge back yard. Third party approval required. SHORT SALE HAS BEEN APPROVED @ $150,000. DO NOT MISS THIS OPPORTUNITY.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$81
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1940

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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 #71474220)

Price History

Date / Event Date Event Price
Mar 27, 2013 Sold
Premium
Sold
Jan 21, 2013 Listed by International Real-Estate Investment Group $150,000
Listed by International Real-Estate Investment Group
Aug 4, 2006 Sold
Premium
Sold
May 5, 2006 Listed by Weichert Realtors' Daher Companies $265,900
Listed by Weichert Realtors' Daher Companies
Excellent Tower Hill Cape.Perfect for first time home buyer.This home features 4 spacious bedrooms,Living room and dining room with 2 full baths with ceramic tiles.Kitchen offers built in china cabinets in great shape with ceramic tiled floors.Newer replacement windows.3 extra living areas in finished basement to add to the existing 1850 sq.ft of living space.Beautiful fenced-in yard to entertain large family.Offering 6car offtreet parking.Just minutes to RT 93 & RT 495. CALL TODAY!WON'T LAST!
Jun 29, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7,200
  • Total Building Area: 1,850
  • Gross Building Area: 4,000
  • Building Area: 1,850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,850
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 251400

Geography

  • Account Number: 205 0000 0007 A
  • Parcel: LAWR M:0205 B:0000 L:0007
  • Lot: 7
  • Municipality: LAWRENCE
  • Latitude: 42.6967
  • Longitude: -71.1822

    Address

  • Full Address: 31 Nesmith St
  • Address - House Number: 31
  • Address - Street Name: Nesmith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4847
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $378,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 501,852
  • High Value: 581,122
  • Low Value: 422,582

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $409,400
  • Assessed Land Value: $132,200
  • Assessed Improvements Value: $277,200

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21632
  • Previous Sale Recording Date: Mar 27, 2013
  • Previous Sale Amount: $155,000
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71474220

Frequently Asked Questions

When was property at 31 Nesmith Street built and last sold?
The property at 31 Nesmith Street was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 31 Nesmith Street is $166,917.
What are some comparable homes to 31 Nesmith Street?
There are currently no comparable homes to 31 Nesmith Street.
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