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Lawrence 01841 Tower Hill
500 Lowell St
$445,000
● House - Off Market

500 Lowell St

Lawrence, MA 01841
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,737 Ft²
$682,388
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

One of a kind listing in highly desirable Tower Hill.  Elegant 1860s Italianate Victorian sitting on a lovely piece of property with lots of yard in front and private garden area in back.  12 Rooms 5 Bedrooms with an additional 3 Parlors with wood flooring throughout.  Period trimwork and attention to detail in all rooms.   Large Remodeled Kitchen with hand picked tiles.  Ornate Tin Ceilings.   Several working fireplaces.  1/2 Acre of property with mature gardens.  Detached Barn with lots of storage upstairs.  This type of property rarely exists in Lawrence any longer.  Come see a piece of history.  Perfect house for entertaining.
Unit Size
3,737 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$124
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72492207)

Price History

Date / Event Date Event Price
Jul 2, 2019 Sold
Premium
Sold
May 10, 2019 Listed by Consoli Realty Group $465,000
Listed by Consoli Realty Group
Mar 4, 1999 Sold
Premium
Sold
Dec 1, 1998 Listed by Arundel Flanagan McCoy Assoc. $120,000
Listed by Arundel Flanagan McCoy Assoc.
THIS 12 ROOM 5 BEDROOM 2.5 BATH SIDE ENTRANCE COLONIAL FEATURES MANY PRESERVED ANTIQUE FEATURES PLUS A DETACHED CARRIAGE HOUSE WITH PARKING FOR MORE THAN 1 CAR IN TANDEM. LIST PRICE 120,000 AS IS INCLUDES PERSONAL PROPERTY.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 22,200
  • Total Building Area: 3,737
  • Gross Building Area: 7,892
  • Building Area: 3,737
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,737
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • 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: 251400

Geography

  • Account Number: 207 0000 0072 A
  • Parcel: LAWR M:0207 B:0000 L:0072
  • Lot: 72
  • Municipality: LAWRENCE
  • Latitude: 42.7013
  • Longitude: -71.1808

    Address

  • Full Address: 500 Lowell St
  • Address - House Number: 500
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C011
  • 4-Digit Zip Code: 4511
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,300

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 705,996
  • High Value: 827,637
  • Low Value: 584,355

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,300
  • Assessed Land Value: $156,200
  • Assessed Improvements Value: $470,100

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15297
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:

$649,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2196 ft²

Average Home Age

114.7 years

Currently For Sale

13 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: 6 months ago
Data Source: MLS PIN, MLS# 72492207

Frequently Asked Questions

When was property at 500 Lowell Street built and last sold?
The property at 500 Lowell Street was built in 1900 and last sold on Jul 2, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 500 Lowell Street is $468,395.
What are some comparable homes to 500 Lowell Street?
There are currently no comparable homes to 500 Lowell Street.
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