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Lawrence 01843 Colonial Heights
5 Kent St
$249,000
● House - Off Market

5 Kent St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,204 Ft²
$378,829
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

BOM- Pending Signed release.  Great neighborhood for this well priced starter home.  PRICE, LOCATION, QUALITY HOME... combine with a  beautiful private backyard make this one the BEST out there in today's market.  Located in one of the most desire street in South Lawrence, so easy to access Rt 495....and yet enjoy all the highest quality updates including GRANITE COUNTERS, BEAUTIFUL CABINETS, STAINLESS STEEL APPLIANCES in your very  own kitchen.  Basement is CLEAN AND DRY with upgraded electric circuit breaker panel.  This house bespoke of the tender care the seller is so proud to show, and once you step inside you can see for yourself.  HURRY, move in to your home before the cold gets here....
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$207
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1948

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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 #72410919)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Oct 14, 2018 Listed by Weichert Realtors' Daher Companies $249,000
Listed by Weichert Realtors' Daher Companies
Nov 15, 2013 Sold
Premium
Sold
Jul 26, 2013 Listed by Weichert Realtors' Daher Companies $145,000
Listed by Weichert Realtors' Daher Companies

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 8,158
  • Total Building Area: 1,204
  • Gross Building Area: 2,362
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 251700

Geography

  • Account Number: 58 0000 0019 A
  • Parcel: LAWR M:0058 B:0000 L:0019
  • Lot: 19
  • Municipality: LAWRENCE
  • Latitude: 42.6886
  • Longitude: -71.1506

    Address

  • Full Address: 5 Kent St
  • Address - House Number: 5
  • Address - Street Name: Kent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2805
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $352,400

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 491,080
  • High Value: 568,648
  • Low Value: 413,512

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,000
  • Assessed Land Value: $131,800
  • Assessed Improvements Value: $249,200

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31265
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 35
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 Colonial Heights

Stats & Trends

Median Asking:

$532,450

Sale Price/ft²

$418

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1088 ft²

Average Home Age

45 years

Currently For Sale

1 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 months ago
Data Source: MLS PIN, MLS# 72410919

Frequently Asked Questions

When was property at 5 Kent Street built and last sold?
The property at 5 Kent Street was built in 1948 and last sold on Dec 28, 2018 for $249,000.
How much is this home worth?
The estimated value of the home located at 5 Kent Street is $247,665.
What are some comparable homes to 5 Kent Street?
There are currently no comparable homes to 5 Kent Street.
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