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Lawrence 01841 Arlington
38 Berkeley St
$330,000
● House - Off Market

38 Berkeley St

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,579 Ft²
$367,619
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Attention investors, contractors, and homeowners! Looking to build some sweat equity.  Great size 4 bedrooms 1.5 baths with off-street parking and a lot of potential. The property will be sold to the strongest offer and seller reserves the right to accept or reject any offer at their discretion. Seller makes no warranties or representations. Buyer/Buyer's Agent to do their due diligence and exercise caution in the property. May not qualify for FHA/VA financing. This is not a bank-owned or short sale. Plenty of time to perform due diligence- Offer deadline Friday, January 29, 12:00PM. Seller reserves the right to accept or reject any offer at any time during this time period.
Unit Size
1,579 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$183
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1910

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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 years ago (MLSPIN #72778180)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Jan 24, 2021 Listed by Angel Homes Realty, Inc. $289,000
Listed by Angel Homes Realty, Inc.
Jan 8, 2021 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 2,800
  • Total Building Area: 1,579
  • Gross Building Area: 3,130
  • Building Area: 1,579
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,579
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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: 250700

Geography

  • Account Number: 110 0000 0054 A
  • Parcel: LAWR M:0110 B:0000 L:0054
  • Lot: 54
  • Municipality: LAWRENCE
  • Latitude: 42.7177
  • Longitude: -71.1574

    Address

  • Full Address: 38 Berkeley St
  • Address - House Number: 38
  • Address - Street Name: Berkeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C007
  • 4-Digit Zip Code: 1907
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $323,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 413,966
  • High Value: 492,579
  • Low Value: 335,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $350,100
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $251,100

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6671
  • Previous Sale Recording Date: Jan 08, 2021
  • Previous Sale Contract Date: Jan 08, 2021
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 35
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:

$740,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

70

Average Home Size

3678 ft²

Average Home Age

86.5 years

Currently For Sale

2 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 years ago
Data Source: MLS PIN, MLS# 72778180

Frequently Asked Questions

When was property at 38 Berkeley Street built and last sold?
The property at 38 Berkeley Street was built in 1910 and last sold on Feb 11, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 38 Berkeley Street is $0.
What are some comparable homes to 38 Berkeley Street?
There are currently no comparable homes to 38 Berkeley Street.
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