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Lawrence 01843 South West
36 Chester St.
$403,000
● House - Off Market

36 Chester St.

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,227 Ft²
$366,128
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Don't miss out on your chance to own this 3-4 bedroom 2 bath diamond in the rough that is waiting for your personal touch.The home already has a new architectural roof,and a new rubber roof,new natural gas furnace,new hot water tank & new gas range all replaced with in the last 2 years. The home has a composite roof deck off one of the 2nd floor bedrooms and has the option to have a 1st floor main bedroom if needed.The home has hardwood floors on the first floor underneath the carpeting.The backyard is fenced in with a paved driveway with parking for 3 cars.The Property is being sold in "AS-IS" condition. Showings begin 9/10/22 @ Open House.
Unit Size
1,227 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$285
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #73033244)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $349,900
Relisted
Sep 16, 2022 In contract -
In contract
Sep 7, 2022 Listed by Coco, Early & Associates $349,900
Listed by Coco, Early & Associates

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 5,000
  • Total Building Area: 1,227
  • Gross Building Area: 2,508
  • Building Area: 1,227
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,227
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 251500

Geography

  • Account Number: 119 0000 0074 A
  • Parcel: LAWR M:0119 B:0000 L:0074
  • Lot: 74
  • Municipality: LAWRENCE
  • Latitude: 42.6918
  • Longitude: -71.1622

    Address

  • Full Address: 36 Chester St
  • Address - House Number: 36
  • Address - Street Name: Chester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C043
  • 4-Digit Zip Code: 2609
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $301,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 435,130
  • High Value: 515,536
  • Low Value: 354,723

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $326,300
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25473
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 South West

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1714 ft²

Average Home Age

90.3 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 73033244

Frequently Asked Questions

When was property at 36 Chester Street built and last sold?
The property at 36 Chester Street was built in 1950 and last sold on Oct 28, 2022 for $403,000.
How much is this home worth?
The estimated value of the home located at 36 Chester Street is $362,072.
What are some comparable homes to 36 Chester Street?
There are currently no comparable homes to 36 Chester Street.
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