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$232,500
● Multifamily - Off Market

48 Sylvester

Lawrence, MA
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,893 Ft²
$495,179
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

South Lawrence Andover Line 2 family on corner lot ,close to major highways with owners unit having 3 bedrooms ,fireplace living room, basement with extra rooms plus fireplace. Large back yard move in condition plenty of off street parking 1 car garage under make an offer.
Unit Size
1,893 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$153
Property Type
Multifamily
Property Taxes
$194
HOA Dues
-
Year Built
-

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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: 5 years ago (MLSPIN #70440657)

Price History

Date / Event Date Event Price
Apr 6, 2007 Sold
Premium
Sold
Aug 15, 2006 Listed by Berkshire Hathaway HomeServices Verani Realty $289,900
Listed by Berkshire Hathaway HomeServices Verani Realty

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(None), Unit 2(None), Gas Water Heater
Flooring Type: Wood, Tile
Rooms: 9
Has Fireplace
Fireplaces: 2
Basement: Full, Finished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: R2
Parcel Number: 4201974
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0074
Tax Assessed Value: $224,500
Tax Annual Amount: $2,328
Utilities Details
Cooling Type: Unit 1(High Seer Heat Pump (12+))
Heating Type: Unit 1(Gas), Unit 2(Gas)
Sewer : Public Sewer, City/Town Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 70440657
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