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Essex 01921
7 Lawrence Road
$524,000
● House - Off Market

7 Lawrence Road

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,925 Ft²
$935,137
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Lovely gambrel home set on over 2 acres on a generous flat yard. Home has just been redone with all new Andersen windows, new hardwood floors, new carpets in bedrooms and new garage doors. Kitchen has stainless steel appliances, center island, marble counters, a fireplace and sitting area. Home is pristine and ready to move in.
Unit Size
2,925 Ft²
Days on Market
-
Land Size
2.33 acres
Price per sqft
$184
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1976

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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 #71752151)

Price History

Date / Event Date Event Price
Jul 15, 2015 Sold
Premium
Sold
Oct 1, 2014 Listed by J. Barrett & Company $539,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 101,495
  • Total Building Area: 3,040
  • Gross Building Area: 5,222
  • Building Area: 3,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:027 B:001 L:021
  • Block: 1
  • Lot: 21
  • Municipality: BOXFORD
  • Latitude: 42.6649
  • Longitude: -71.0205

    Address

  • Full Address: 7 Lawrence Rd
  • Address - House Number: 7
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Boxford
  • Carrier Code: R006
  • 4-Digit Zip Code: 2205
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,071,900

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 904,130
  • High Value: 1,057,642
  • Low Value: 750,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $821,400
  • Assessed Land Value: $403,200
  • Assessed Improvements Value: $418,200

    Sales

  • Current Sale Recording Date: Jul 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 495
  • Previous Sale Recording Date: Aug 20, 2013
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 71752151

Frequently Asked Questions

When was property at 7 Lawrence Road built and last sold?
The property at 7 Lawrence Road was built in 1976 and last sold on Jan 1, 1970 for $524,000.
How much is this home worth?
The estimated value of the home located at 7 Lawrence Road is $571,915.
What are some comparable homes to 7 Lawrence Road?
There are currently no comparable homes to 7 Lawrence Road.
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