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Lawrence 01841 Tower Hill
7 Warwick Ct
$240,000
● House - Off Market

7 Warwick Ct

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,837 Ft²
$426,208
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Very spacious 3 bedroom cape with first floor bedroom plus 2 bedrooms up with lots of closet space and is located near the Lawrence/Methuen line.  Hardwood floors found throughout the home along with fireplace and lovely enclosed heated porch. There are two full bathrooms...one on each level. this lovely home is located as the last home on a dead end street on a nice 1/4 acre lot with fenced in yard, in-ground pool plus 1 stall garage and backs up to a large wooded area for privacy.  A very nice value at this price!!
Unit Size
1,837 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$131
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #71820588)

Price History

Date / Event Date Event Price
Jul 16, 2015 Sold
Premium
Sold
Apr 20, 2015 Listed by First Choice Realty Group $240,000
Listed by First Choice Realty Group
Jun 4, 2007 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 10,000
  • Total Building Area: 1,833
  • Gross Building Area: 3,730
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND GEORGE BLANCHETTE
  • Land Acres: 0000000230
  • 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: 250200

Geography

  • Account Number: 243 0000 0020 A
  • Parcel: LAWR M:0243 B:0000 L:0020
  • Lot: 20
  • Municipality: LAWRENCE
  • Latitude: 42.7071
  • Longitude: -71.1898

    Address

  • Full Address: 7 Warwick Ct
  • Address - House Number: 7
  • Address - Street Name: Warwick
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C021
  • 4-Digit Zip Code: 3215
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $508,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 566,889
  • High Value: 674,543
  • Low Value: 459,236

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,100
  • Assessed Land Value: $150,800
  • Assessed Improvements Value: $399,300

    Sales

  • Current Sale Recording Date: Jul 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17587
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Amount: $220,000
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2548 ft²

Average Home Age

125 years

Currently For Sale

10 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# 71820588

Frequently Asked Questions

When was property at 7 Warwick Court built and last sold?
The property at 7 Warwick Court was built in 1945 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 7 Warwick Court is $252,619.
What are some comparable homes to 7 Warwick Court?
There are currently no comparable homes to 7 Warwick Court.
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