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Lawrence 01841 Tower Hill
31 Perry Ave
$85,000
● House - Off Market

31 Perry Ave

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,544 Ft²
$204,355
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Colonial with 3 bedrooms 1 3/4 bathrooms in need of rehab.  Come See What This House Has to Offer!  Property has no kitchen or heating system.   Information provided is believed to be correct but is not guaranteed.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$58
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1910

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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 #71250856)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Oct 18, 2011 Sold
Premium
Sold
Jun 20, 2011 Listed by Homes of New Hampshire Realty $89,900
Listed by Homes of New Hampshire Realty
Apr 21, 2011 Sold
Premium
Sold
Oct 6, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 3,624
  • Total Building Area: 1,544
  • Gross Building Area: 3,226
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLUMBIA PARK
  • Land Acres: 0000000083
  • 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 0027 A
  • Parcel: LAWR M:0240 B:0000 L:0027
  • Lot: 27
  • Municipality: LAWRENCE
  • Latitude: 42.7024
  • Longitude: -71.1892

    Address

  • Full Address: 31 Perry Ave
  • Address - House Number: 31
  • Address - Street Name: Perry
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4019
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $385,500

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 445,588
  • High Value: 530,760
  • Low Value: 360,415

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $416,800
  • Assessed Land Value: $106,000
  • Assessed Improvements Value: $310,800

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14260
  • Previous Sale Recording Date: Oct 18, 2011
  • Previous Sale Amount: $85,000
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

4474 ft²

Average Home Age

118.7 years

Currently For Sale

12 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: 4 months ago
Data Source: MLS PIN, MLS# 71250856

Frequently Asked Questions

When was property at 31 Perry Avenue built and last sold?
The property at 31 Perry Avenue was built in 1910 and last sold on Jun 15, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 31 Perry Avenue is $104,749.
What are some comparable homes to 31 Perry Avenue?
There are currently no comparable homes to 31 Perry Avenue.
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