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Lawrence 01841 Arlington
372 Park St
$60,000
● House - Off Market

372 Park St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
845 Ft²
$79,733
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Highest and Best Offer by 7pm. 4/24/2017 This is a Short Sale attempt, property to be sold 'AS IS CONDITION'  Seller/Broker makes no warranties or representations!. Buyer is responsible for due diligence.  Please use caution when entering the property. The property is in need of complete rehab and has been vacant for over two years.
Unit Size
845 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$59
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1870

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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: 5 months ago (MLSPIN #72149268)

Price History

Date / Event Date Event Price
Mar 19, 2021 Sold
Premium
Sold
Jan 12, 2021 Listed by RE/MAX Insight $280,000
Listed by RE/MAX Insight
Aug 7, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by RE/MAX Insight $50,000
Listed by RE/MAX Insight
Oct 25, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2,880
  • Total Building Area: 945
  • Gross Building Area: 1,680
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 945
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000066
  • 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: 250400

Geography

  • Account Number: 192 0000 0062 A
  • Parcel: LAWR M:0192 B:0000 L:0062
  • Lot: 62
  • Municipality: LAWRENCE
  • Latitude: 42.7157
  • Longitude: -71.1754

    Address

  • Full Address: 372 Park St
  • Address - House Number: 372
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C020
  • 4-Digit Zip Code: 2437
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $297,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 53
  • Final Value: 337,873
  • High Value: 445,623
  • Low Value: 230,123

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $321,400
  • Assessed Land Value: $99,700
  • Assessed Improvements Value: $221,700

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124402
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Amount: $60,000
  • 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 Arlington

Stats & Trends

Median Asking:

$730,000

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

71

Average Home Size

3469 ft²

Average Home Age

106.3 years

Currently For Sale

4 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: 5 months ago
Data Source: MLS PIN, MLS# 72149268

Frequently Asked Questions

When was property at 372 Park Street built and last sold?
The property at 372 Park Street was built in 1870 and last sold on Mar 19, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 372 Park Street is $271,669.
What are some comparable homes to 372 Park Street?
There are currently no comparable homes to 372 Park Street.
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