For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lawrence 01843 South West
521 Andover Street
$263,700
● House - Off Market

521 Andover Street

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,914 Ft²
$380,686
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Looking for a project for 2020?  Well take a look at this spacious Colonial located in a convenient area of South Lawrence. Owned by the same family for 50+ years, this property offers a great opportunity to build equity with the right upgrades. Property is being sold as is/where is but offers many original features such as high ceilings (many tin) and good scale rooms, split interior doors, hardwood floors, decorative medallions, ornate fireplace, and built-in china cabinet.  Total of 9 rooms, 4-5 bedrooms, 2 full baths and a walk up attic with partially finished space offers many possibilities.  New heat and hot water (2018) but home will require extensive renovations so bring your ideas and your brawn and make this house shine again.
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$138
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (MLSPIN #72598604)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Dec 6, 2019 Listed by Leading Edge Real Estate $263,700
Listed by Leading Edge Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 4,875
  • Total Building Area: 2,399
  • Gross Building Area: 4,000
  • Building Area: 2,399
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,399
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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: 251500

Geography

  • Account Number: 138 0000 0018 A
  • Parcel: LAWR M:0138 B:0000 L:0018
  • Lot: 18
  • Municipality: LAWRENCE
  • Latitude: 42.6912
  • Longitude: -71.1684

    Address

  • Full Address: 521 Andover St
  • Address - House Number: 521
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C032
  • 4-Digit Zip Code: 2001
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 539,248
  • High Value: 640,210
  • Low Value: 438,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,600
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $403,600

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 5049
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 South West

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1714 ft²

Average Home Age

90.3 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 72598604

Frequently Asked Questions

When was property at 521 Andover Street built and last sold?
The property at 521 Andover Street was built in 1900 and last sold on Feb 19, 2020 for $263,700.
How much is this home worth?
The estimated value of the home located at 521 Andover Street is $287,850.
What are some comparable homes to 521 Andover Street?
There are currently no comparable homes to 521 Andover Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lawrence Homes for Sale
Lawrence Houses for Sale
Lawrence Condos for Sale
Lawrence Townhouses for Sale
Lawrence Multifamily for Sale
Lawrence Land for Sale
Lawrence Commercial for Sale
Lawrence Homes with Basements
Nearby Cities
Methuen Town Homes for Sale
Andover Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Tower Hill Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
South Common Real Estate
South West Real Estate
North Common Real Estate
Colonial Heights Real Estate
Nearby Counties
Methuen Town Homes for Sale
Andover Homes for Sale
North Andover Homes for Sale
Top Real Estate Agents
Top Agents in South West
Top Agents in Lawrence
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844
Top Agents in Andover
Top Agents in 01810
Top Agents in North Andover