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Lawrence 01843 South West
39 Inman Street
$115,000
● House - Off Market

39 Inman Street

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,856 Ft²
$347,670
RealtyHop Estimate
189.97%
Since Sep 1, 2000
National-US
Primary Model

About This Property

THIS IS NOT A DRIVE-BY! THIS HOME FEATURES A SPACIOUS LIVING & DINING RM W/BUILT-INS, KITCHEN W/BREAKFAST BAR, FENCED YD, REPLACEMENT WINDOWS, ALMOST NEW FURNACE & HOT WATER TANK. SECURITY SYSTEM, NEUTRAL DECOR. CAREFULLY MAINTAINED.
Unit Size
1,856 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$65
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1913

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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 years ago (MLSPIN #30405586)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed $350,000
Listed
Aug 23, 2000 Sold
Premium
Sold
Apr 27, 2000 Listed $119,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 2
  • 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: 1,856
  • Gross Building Area: 3,044
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • 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: 251800

Geography

  • Account Number: 97 0000 0032 A
  • Parcel: LAWR M:0097 B:0000 L:0032
  • Lot: 32
  • Municipality: LAWRENCE
  • Latitude: 42.6884
  • Longitude: -71.1598

    Address

  • Full Address: 39 Inman St
  • Address - House Number: 39
  • Address - Street Name: Inman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 2734
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $232,300

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 409,552
  • High Value: 486,232
  • Low Value: 332,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $251,100
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $133,500

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33645
  • Previous Sale Recording Date: Aug 23, 2000
  • Previous Sale Amount: $115,000
  • 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 South West

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1887 ft²

Average Home Age

52.8 years

Currently For Sale

5 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 years ago
Data Source: MLS PIN, MLS# 30405586

Frequently Asked Questions

When was property at 39 Inman Street built and last sold?
The property at 39 Inman Street was built in 1913 and last sold on Oct 8, 2021 for $377,000.
How much is this home worth?
The estimated value of the home located at 39 Inman Street is $0.
What are some comparable homes to 39 Inman Street?
There are currently no comparable homes to 39 Inman Street.
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