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Lawrence 01843 South West
9 Belknap St.
$265,000
● House - Off Market

9 Belknap St.

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,162 Ft²
$494,573
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

South Lawrence - convenient to Rt 93, 6 room, 3 bedroom Ranch in move-in condition, with above ground pool on large corner lot, near playground. Features newer vinyl siding, windows, front farmers porch, and garage. Large eat-in kitchen with slider to deck, newer tiled bath, fireplaced living room, bright sunroom and hardwood flooring.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$232
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1960

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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 #70154884)

Price History

Date / Event Date Event Price
Apr 22, 2005 Sold
Premium
Sold
Mar 8, 2005 Listed by RE/MAX Preferred, Inc. $269,900
Listed by RE/MAX Preferred, Inc.
Jun 7, 1991 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 8,100
  • Total Building Area: 1,012
  • Gross Building Area: 2,508
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 251500

Geography

  • Account Number: 160 0000 0010 A
  • Parcel: LAWR M:0160 B:0000 L:0010
  • Lot: 10
  • Municipality: LAWRENCE
  • Latitude: 42.693
  • Longitude: -71.1726

    Address

  • Full Address: 9 Belknap St
  • Address - House Number: 9
  • Address - Street Name: Belknap
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C032
  • 4-Digit Zip Code: 1139
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 493,091
  • High Value: 585,411
  • Low Value: 400,770

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $404,300
  • Assessed Land Value: $136,300
  • Assessed Improvements Value: $268,000

    Sales

  • Current Sale Recording Date: Apr 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14111
  • Previous Sale Recording Date: Jun 07, 1991
  • Previous Sale Amount: $112,000
  • Previous 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 South West

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1267 ft²

Average Home Age

37 years

Currently For Sale

4 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# 70154884

Frequently Asked Questions

When was property at 9 Belknap Street built and last sold?
The property at 9 Belknap Street was built in 1960 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 9 Belknap Street is $272,472.
What are some comparable homes to 9 Belknap Street?
There are currently no comparable homes to 9 Belknap Street.
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