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Palmer Town 01069
44-50 Lawrence
Photo of 44-50 Lawrence

8

Map

Photo of 44-50 Lawrence
Photo of 44-50 Lawrence
$129,900
● Land - For Sale

44-50 Lawrence

Palmer, MA 01069
bedrooms
Studio
bathrooms
0 Bath
$815
Est. Monthly

About This Property

Great opportunity to potentially develop in-town building lots with access to city water and sewer close by. This 2.04-acre parcel with 400' of frontage consists of 4 lots being combined and sold together. With the current zoning, approval of a site plan and special permit for Town Houses or Condominiums. Buyers to do due diligence with Town of Palmer. The land is located just off the Pike exit and abuts lots that have been re-zoned to Highway Business. Buyer is responsible for verifying all information with the town of Palmer and doing their due diligence.Incredible opportunity to own land that borders the turnpike and can be sold as a package deal with other parcels that are commercial and residential.
Unit Size
-
Days on Market
-
Land Size
2.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$177
HOA Dues
-
Year Built
-

Listed By

Brenda Binczewski
RE/MAX Connections

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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: 7 months ago (MLSPIN #73474979)

Price History

Date / Event Date Event Price
Feb 6, 2026 Listed by REMAX Connections $129,900
Listed by REMAX Connections

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level, Wooded, Additional Land Available
Lot Size Area: 2.04
Lot Size Units: Acres
Lot Size Acres: 2.04
Lot Size Square Feet: 88862
Tax Lot: 44-50
Water Source: Public, Nearby
Financial Details
Tax Map Number: 7
Tax Assessed Value: $116,000
Tax Annual Amount: $2,120
Utilities Details
Sewer : Public Sewer, Nearby

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 22,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000505
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810100

Geography

  • Parcel: PALM M:65 B:7 L:42
  • Block: 7
  • Lot: 42
  • Municipality: PALMER
  • Latitude: 42.1677
  • Longitude: -72.3297

    Address

  • Full Address: 44 Lawrence St
  • Address - House Number: 44
  • Address - Street Name: Lawrence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Palmer
  • Carrier Code: C004
  • 4-Digit Zip Code: 1412
  • Zip Code: 01069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $51,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,500
  • Assessed Land Value: $26,500
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 Palmer Town

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2205 ft²

Average Home Age

65.9 years

Currently For Sale

32 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: 7 months ago
Data Source: MLS PIN, MLS# 73474979

Frequently Asked Questions

When was property at 44 Lawrence Street built and last sold?
The property at 44 Lawrence Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 44 Lawrence Street is $131,199.
What are some comparable homes to 44 Lawrence Street?
There are currently no comparable homes to 44 Lawrence Street.
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