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Worcester
35 Lawrence Rd
$485,000
● House - Off Market

35 Lawrence Rd

Dudley, MA 01571
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,266 Ft²
$2,890
Est. Monthly

About This Property

Beautiful level waterfront lot.  100 feet of water frontage.  New vinyl siding installed last month.  New kitchen cabinets and granite countertops.  New bathroom created and finished.  Master bedroom is on the first floor complete with half bath. Hardwood floors all refinished and gleaming.  New vinyl plank flooring installed.  All new insulated windows installed on the first floor.  The dining room on the first floor could be used as the fourth bedroom.  This home is vacant and ready for immediate occupancy.  Check out the Town of Dudley with its low tax rates and excellent school systems. Skip the Cape.  Enjoy 4 seasons of waterfront living.  Fishing, skating, boating, swimming, etc.
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$415
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1947

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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 #73200107)

Price History

Date / Event Date Event Price
Jun 10, 2024 Sold
Premium
Sold
Apr 18, 2024 In contract -
In contract
Feb 7, 2024 Listed by RE/MAX Prof Associates $524,900
Listed by RE/MAX Prof Associates
Aug 16, 2023 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 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: 7,277
  • Total Building Area: 840
  • Gross Building Area: 2,066
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dudley-Charlton Regional School District
  • School Tax School District: DUDLEY-CHARLTON
  • Census Tract: 755100

Geography

  • Parcel: DUDL M:113 L:089
  • Lot: 89
  • Municipality: DUDLEY
  • Latitude: 42.0533
  • Longitude: -71.902

    Address

  • Full Address: 35 Lawrence Rd
  • Address - House Number: 35
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dudley
  • Carrier Code: R008
  • 4-Digit Zip Code: 5851
  • Zip Code: 01571

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2125
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 370,016
  • High Value: 448,657
  • Low Value: 291,374

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $357,600
  • Assessed Land Value: $172,600
  • Assessed Improvements Value: $185,000

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67630
  • Previous Sale Recording Date: Aug 16, 2023
  • Previous Sale Contract Date: Jul 17, 2023
  • Previous Sale Amount: $450,000
  • 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 Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2403 ft²

Average Home Age

63.3 years

Currently For Sale

2008 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

Unit for rent at 41 Prospect St, MA, 01570

$1,389 /mo

  • 2 Beds
  • 1 Bath
41 Prospect St, MA, 01570 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73200107

Frequently Asked Questions

When was property at 35 Lawrence Road built and last sold?
The property at 35 Lawrence Road was built in 1947 and last sold on Aug 15, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 35 Lawrence Road is $522,197.
What are some comparable homes to 35 Lawrence Road?
There are currently no comparable homes to 35 Lawrence Road.
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