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Lawrence 01843 South West
537 Andover Street
Photo of 537 Andover Street
Sold on Nov 16, 2007

1

Map

$250,000
● House - Off Market

537 Andover Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,027 Ft²
$501,653
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

Magnificent Garrison with over 2000 sqft of living space. This home features 8 rooms, 3 bedrooms, and 1.5 bath. This meticulously maintained home offers bright eat-in kitchen with newer appliances, formal dining room with french doors, hardwood floors and fireplace, grand staircase, 3 large bedrooms, family room with double sliders overlooking deck and 1/3 acre lot, lower level game room with bar, fireplace, and hardwood floors. Heated garage as well. Contingent upon 3rd party approval 90 days
Unit Size
2,027 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$138
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1920

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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 #70578686)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed $399,900
Listed
Nov 16, 2007 Sold
Premium
Sold
May 14, 2007 Listed $279,900
Listed
Aug 2, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 13,431
  • Total Building Area: 2,016
  • Gross Building Area: 4,502
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000308
  • 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: 159 0000 0048 A
  • Parcel: LAWR M:0159 B:0000 L:0048
  • Lot: 48
  • Municipality: LAWRENCE
  • Latitude: 42.6909
  • Longitude: -71.1694

    Address

  • Full Address: 537 Andover St
  • Address - House Number: 537
  • 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: $416,100

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 557,299
  • High Value: 658,487
  • Low Value: 456,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,800
  • Assessed Land Value: $147,100
  • Assessed Improvements Value: $302,700

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 18393
  • Previous Sale Recording Date: Nov 16, 2007
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27
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

$325

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1267 ft²

Average Home Age

37 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70578686

Frequently Asked Questions

When was property at 537 Andover Street built and last sold?
The property at 537 Andover Street was built in 1920 and last sold on Jun 3, 2021 for $433,000.
How much is this home worth?
The estimated value of the home located at 537 Andover Street is $399,581.
What are some comparable homes to 537 Andover Street?
There are currently no comparable homes to 537 Andover Street.
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