For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
$169,000
● Multifamily - Off Market

77-79 Bailey

Lawrence, MA
bedrooms
9 Beds
bathrooms
3 Baths
square feet
3,024 Ft²
$413,601
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

3 FAMILY WITH 18 ROOMS, 9 BEDROOM - SOME HARDWOOD FLOORS; UPDATED ELECTRIC, RUBBER ROOF 3 YEARS OLD; UPDATED HEATING SYSTEMS, REPLACEMENT WINDOWS.  A REAL MONEY MAKER.
Unit Size
3,024 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$63
Property Type
Multifamily
Property Taxes
$172
HOA Dues
-
Year Built
-

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: 4 years ago (MLSPIN #71193931)

Price History

Date / Event Date Event Price
Jun 20, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by Primary Homes Realty LLC $189,500
Listed by Primary Homes Realty LLC

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen, Family Room), Unit 2 Rooms(Living Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Wood, Carpet
Laundry Features: Washer Hookup
Rooms: 15
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family - 3 Units Side by Side
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: RES
Parcel Number: 4204036
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $164,400
Tax Annual Amount: $2,067
Utilities Details
Utilities: for Gas Range, for Gas Oven, Washer Hookup
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71193931
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know