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Lawrence 01843 Colonial Heights
8 Kent Street
$75,000
● House - Off Market

8 Kent Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$315,765
RealtyHop Estimate
271.93%
Since Jan 1, 1997
National-US
Primary Model

About This Property

EXPANDABLE THREE BEDROOM CAPE IN A QUIET COLONIAL HEIGHTS NEIGHBORHOOD.  NEW WINDOWS, HARDWOOD FLOORS AND AN UNFINISHED WALK UP ATTIC MAKE THIS HOME A HARD TO BEAT VALUE.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$79
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1950

Payment Calculator

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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 years ago (MLSPIN #30122366)

Price History

Date / Event Date Event Price
May 17, 1999 Sold
Premium
Sold
Aug 12, 1998 Listed by Century 21 McLennan & Company $122,900
Listed by Century 21 McLennan & Company
Dec 11, 1996 Sold
Premium
Sold
Aug 14, 1996 Listed by Century 21 McLennan & Company $84,900
Listed by Century 21 McLennan & Company

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 9,585
  • Total Building Area: 1,020
  • Gross Building Area: 2,549
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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 0015 A
  • Parcel: LAWR M:0058 B:0000 L:0015
  • Lot: 15
  • Municipality: LAWRENCE
  • Latitude: 42.6882
  • Longitude: -71.151

    Address

  • Full Address: 8 Kent St
  • Address - House Number: 8
  • Address - Street Name: Kent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 2806
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $361,100

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 482,191
  • High Value: 574,237
  • Low Value: 390,145

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $390,400
  • Assessed Land Value: $140,900
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Recording Date: May 17, 1999
  • Current Sale Price:
    Premium
  • Current 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 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30122366

Frequently Asked Questions

When was property at 8 Kent Street built and last sold?
The property at 8 Kent Street was built in 1950 and last sold on Jan 1, 1970 for $122,000.
How much is this home worth?
The estimated value of the home located at 8 Kent Street is $124,180.
What are some comparable homes to 8 Kent Street?
There are currently no comparable homes to 8 Kent Street.
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