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Lawrence 01843 South West
80 Groton St
$500,000
● House - Off Market

80 Groton St

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,356 Ft²
$437,436
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Seller willing to buy down the mortgage rate on this home. Welcome to this Sought after Mount Vernon location in South Lawrence neighborhood with Over 1300 sq ft of living area in this well maintained Ranch with attached garage. Nice open concept living. You'll love this unique layout with possibilities of adding a 3rd bedroom if needed. Great lot.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$324
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1955

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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 #73136290)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 20, 2023 In contract -
In contract
Jul 13, 2023 Listed by Cameron Real Estate Group $439,900
Listed by Cameron Real Estate Group
Apr 21, 2023 Sold
Premium
Sold
Jun 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 9,000
  • Total Building Area: 1,356
  • Gross Building Area: 3,236
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNT VERNON PARK
  • Land Acres: 0000000207
  • 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: 251800

Geography

  • Account Number: 117 0000 0099 A
  • Parcel: LAWR M:0117 B:0000 L:0099
  • Lot: 99
  • Municipality: LAWRENCE
  • Latitude: 42.688
  • Longitude: -71.1628

    Address

  • Full Address: 80 Groton St
  • Address - House Number: 80
  • Address - Street Name: Groton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 2525
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $377,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 525,089
  • High Value: 645,814
  • Low Value: 404,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $407,600
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $263,400

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13476
  • Previous Sale Recording Date: Apr 21, 2023
  • Previous Sale Contract Date: Apr 19, 2023
  • Previous Sale Amount: $291,495
  • 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 South West

Stats & Trends

Median Asking:

$589,000

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1292 ft²

Average Home Age

50.8 years

Currently For Sale

6 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73136290

Frequently Asked Questions

When was property at 80 Groton Street built and last sold?
The property at 80 Groton Street was built in 1955 and last sold on Aug 18, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 80 Groton Street is $437,243.
What are some comparable homes to 80 Groton Street?
There are currently no comparable homes to 80 Groton Street.
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