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Lawrence 01843 Colonial Heights
8 Durso Ave
$393,000
● House - Off Market

8 Durso Ave

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,629 Ft²
$568,290
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Welcome to Colonial Heights in south Lawrence, near the Andover Town Line. minutes to 495/93 and Rt 28, close to shopping plaza, rare find brick house! Completely renovated, situated on 11,761 sq f, total of 1629 sq ft, 4 bedrooms ranch with 2.5 baths on large level lot with attached garage and driveway, new kitchen with granite counter top and baths, hardwood floors, stainless steel Appliances, gas heat,  new hot water heater, new electric wires, Fireplace living room, huge finished basement with summer kitchen and separated entrance, enclosed porch and deck for BBQ,  Fenced rear yard to large in-ground pool, huge storage shed in the back, Lot 0.27 acres t, must see!
Unit Size
1,629 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$238
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72552767)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by OwnerEntry.com $469,900
Listed by OwnerEntry.com
Oct 11, 2019 Sold
Premium
Sold
Aug 21, 2019 Listed by OwnerEntry.com $388,000
Listed by OwnerEntry.com
Apr 10, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 3
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 11,644
  • Total Building Area: 1,629
  • Gross Building Area: 4,478
  • Building Area: 1,629
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,629
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000267
  • 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: 251700

Geography

  • Account Number: 58 0000 0026 A
  • Parcel: LAWR M:0058 B:0000 L:0026
  • Lot: 26
  • Municipality: LAWRENCE
  • Latitude: 42.6886
  • Longitude: -71.1496

    Address

  • Full Address: 8 Durso Ave
  • Address - House Number: 8
  • Address - Street Name: Durso
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2802
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $377,900

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 570,946
  • High Value: 668,619
  • Low Value: 473,273

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $408,500
  • Assessed Land Value: $146,400
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36796
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Oct 11, 2019
  • Previous Sale Amount: $393,000
  • Previous Sale Document Type: O
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 Colonial Heights

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$403

Above Asking

0.00%

Average Days on Market

44

Average Home Size

1088 ft²

Average Home Age

45 years

Currently For Sale

1 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# 72552767

Frequently Asked Questions

When was property at 8 Durso Avenue built and last sold?
The property at 8 Durso Avenue was built in 1947 and last sold on Nov 3, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 8 Durso Avenue is $466,279.
What are some comparable homes to 8 Durso Avenue?
There are currently no comparable homes to 8 Durso Avenue.
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