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Marion Center 02738
74 Lewis Street
$370,000
● House - Off Market

74 Lewis Street

Marion, MA 02738
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,637 Ft²
$704,860
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Great opportunity to own a well built home in Marion village not far from the town beach and recreation area , schools , shopping and other amenities. This home is built on a large foundation and is very suitable to renovation due to its structure and  superb location . The house is situated on a large lot with a south facing rear exposure.  The property  is also Not in the Flood Plain.
Unit Size
1,637 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$238
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1957

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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: 6 months ago (MLSPIN #71703312)

Price History

Date / Event Date Event Price
Apr 29, 2015 Sold
Premium
Sold
Jun 23, 2014 Listed by Coldwell Banker Residential Brokerage - Marion $389,900
Listed by Coldwell Banker Residential Brokerage - Marion

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,328
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,422
  • Total Building Area: 1,637
  • Gross Building Area: 4,055
  • Building Area: 1,637
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,637
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000515
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marion School District
  • Census Tract: 561100

Geography

  • Parcel: MARI M:0016 B:0002 L:0000
  • Block: 2
  • Municipality: MARION
  • Latitude: 41.6949
  • Longitude: -70.762

    Address

  • Full Address: 74 Lewis St
  • Address - House Number: 74
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Marion
  • Carrier Code: R005
  • 4-Digit Zip Code: 1657
  • Zip Code: 02738

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,100

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 709,136
  • High Value: 841,438
  • Low Value: 576,833

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,300
  • Assessed Land Value: $425,700
  • Assessed Improvements Value: $198,600

    Sales

  • Current Sale Recording Date: Apr 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29656
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 Marion Center

Stats & Trends

Median Asking:

$1,495,000

Sale Price/ft²

$591

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2458 ft²

Average Home Age

82.7 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71703312

Frequently Asked Questions

When was property at 74 Lewis Street built and last sold?
The property at 74 Lewis Street was built in 1957 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 74 Lewis Street is $416,736.
What are some comparable homes to 74 Lewis Street?
There are currently no comparable homes to 74 Lewis Street.
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