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Lawrence 01841 Tower Hill
46 Florence Ave
$305,000
● House - Off Market

46 Florence Ave

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$468,011
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

A MUST SEE!!   Well maintained home on a quiet street, 3 Bedroom, 2 Bath Colonial in Tower Hill neighborhood with fully finished basement and 1-car attached garage. Recent upgrades include upgrading the electrical and adding in mini-split for heat and AC. Plenty of additional off-street parking available as well.    OPEN HOUSE THIS SATURDAY! 1-26-19 11-1pm (Bi-lingual REALTOR will be on the premises)  All offers will be under review until 12pm Monday 1-28-19
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$172
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #72444047)

Price History

Date / Event Date Event Price
Apr 11, 2022 Sold
Premium
Sold
Feb 28, 2019 Sold
Premium
Sold
Jan 21, 2019 Listed by Coldwell Banker Residential Brokerage - Haverhill $309,999
Listed by Coldwell Banker Residential Brokerage - Haverhill
Apr 22, 2016 Sold
Premium
Sold
Jan 24, 2016 Listed by Coldwell Banker Residential Brokerage - Haverhill $209,900
Listed by Coldwell Banker Residential Brokerage - Haverhill
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 4,500
  • Total Building Area: 1,288
  • Gross Building Area: 3,228
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: 250200

Geography

  • Account Number: 241 0000 0042 A
  • Parcel: LAWR M:0241 B:0000 L:0042
  • Lot: 42
  • Municipality: LAWRENCE
  • Latitude: 42.7038
  • Longitude: -71.1884

    Address

  • Full Address: 46 Florence Ave
  • Address - House Number: 46
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4043
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,500

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 454,674
  • High Value: 565,282
  • Low Value: 344,066

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,400
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $285,000

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8826
  • Previous Sale Recording Date: Feb 28, 2019
  • Previous Sale Contract Date: Feb 27, 2019
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: O
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:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

4670 ft²

Average Home Age

118 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72444047

Frequently Asked Questions

When was property at 46 Florence Avenue built and last sold?
The property at 46 Florence Avenue was built in 1930 and last sold on Apr 11, 2022 for $415,000.
How much is this home worth?
The estimated value of the home located at 46 Florence Avenue is $317,914.
What are some comparable homes to 46 Florence Avenue?
There are currently no comparable homes to 46 Florence Avenue.
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