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Lawrence 01841 Tower Hill
402 Lowell Street
$85,000
● House - Off Market

402 Lowell Street

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,178 Ft²
$240,645
RealtyHop Estimate
167.68%
Since Dec 1, 2001
National-US
Primary Model

About This Property

COME VIEW THIS GOOD SIZED SINGLE FAMILY WITH OFF STREET PARKING, VINYL SIDED, LARGE LIVING ROOM! **$2,000 SELLING BONUS! **PROPERTY WILL BE VACANT BEFORE CLOSING
Unit Size
1,178 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$76
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1900

Payment Calculator

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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 #30496768)

Price History

Date / Event Date Event Price
Nov 28, 2001 Sold
Premium
Sold
Apr 20, 2001 Listed by Coco, Early & Associates $89,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 3,505
  • Total Building Area: 1,178
  • Gross Building Area: 2,268
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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: 251400

Geography

  • Account Number: 187 0000 0116 2A
  • Parcel: LAWR M:0187 B:0000 L:0116 2
  • Lot: 116 2
  • Municipality: LAWRENCE
  • Latitude: 42.7036
  • Longitude: -71.1759

    Address

  • Full Address: 402 Lowell St
  • Address - House Number: 402
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C008
  • 4-Digit Zip Code: 4633
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $307,500

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 349,143
  • High Value: 412,004
  • Low Value: 286,283

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $332,400
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $227,400

    Sales

  • Current Sale Recording Date: Nov 28, 2001
  • Current Sale Price:
    Premium
  • Current 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 Tower Hill

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2093 ft²

Average Home Age

114.9 years

Currently For Sale

11 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: 4 years ago
Data Source: MLS PIN, MLS# 30496768

Frequently Asked Questions

When was property at 402 Lowell Street built and last sold?
The property at 402 Lowell Street was built in 1900 and last sold on Jan 1, 1970 for $85,000.
How much is this home worth?
The estimated value of the home located at 402 Lowell Street is $104,125.
What are some comparable homes to 402 Lowell Street?
There are currently no comparable homes to 402 Lowell Street.
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