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Lawrence 01841 Arlington
49 Thorndike St
$562,000
● House - Off Market

49 Thorndike St

Lawrence, MA 01841
bedrooms
7 Beds
bathrooms
3 Baths
square feet
2,623 Ft²
$511,532
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Stunning Victorian style home.  Very large room, hardwood floors, 3 full baths.
Unit Size
2,623 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$191
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1900

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MLSPIN #72935474)

Price History

Date / Event Date Event Price
Jul 14, 2022 Sold
Premium
Sold
Jan 20, 2022 Listed by Najwah Hashem Miceli $499,990
Listed by Najwah Hashem Miceli
Apr 30, 2015 Sold
Premium
Sold
Feb 20, 2015 Listed by Najwah Hashem Miceli $169,900
Listed by Najwah Hashem Miceli

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 6,700
  • Total Building Area: 2,323
  • Gross Building Area: 4,651
  • Building Area: 2,323
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,323
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: 250600

Geography

  • Account Number: 131 0000 0079 A
  • Parcel: LAWR M:0131 B:0000 L:0079
  • Lot: 79
  • Municipality: LAWRENCE
  • Latitude: 42.7182
  • Longitude: -71.1616

    Address

  • Full Address: 49 Thorndike St
  • Address - House Number: 49
  • Address - Street Name: Thorndike
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C015
  • 4-Digit Zip Code: 1853
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 589,464
  • High Value: 698,663
  • Low Value: 480,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,500
  • Assessed Land Value: $108,500
  • Assessed Improvements Value: $433,000

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16822
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 55
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 Arlington

Stats & Trends

Median Asking:

$730,000

Sale Price/ft²

$265

Below Asking

0.01%

Average Days on Market

70

Average Home Size

3469 ft²

Average Home Age

106.3 years

Currently For Sale

4 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: 5 months ago
Data Source: MLS PIN, MLS# 72935474

Frequently Asked Questions

When was property at 49 Thorndike Street built and last sold?
The property at 49 Thorndike Street was built in 1900 and last sold on Jul 14, 2022 for $562,000.
How much is this home worth?
The estimated value of the home located at 49 Thorndike Street is $504,989.
What are some comparable homes to 49 Thorndike Street?
There are currently no comparable homes to 49 Thorndike Street.
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