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Swampscott 01907
9 Lawrence Road
$767,000
● House - Off Market

9 Lawrence Road

Swampscott, MA 01907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$993,596
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

After 58 years this cherished homestead is ready for you to add your finishing touches!  Located on tree-lined residential street in an area of comparable homes, this classic colonial offers interior and exterior architectural detail with well proportioned rooms, hardwood floors, woodwork, gracious staircase with first and second floor center hall foyers.__Other features: first floor family room, laundry off the kitchen, king size master w ensuite bath, walk up to third floor for 4th bedroom and room for expansion, room sized screened porch and large lower level playroom with wet bar. __Outside enjoyment in the serene and sunny back yard. Parking in the oversized 2 car garage and wide driveway accommodates several cars.  Equally near Preston and Phillips Beaches. Showings by appt Friday 4-6, Sat 2-4, Sun 11-1
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$304
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1925

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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 months ago (MLSPIN #72708224)

Price History

Date / Event Date Event Price
Sep 24, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by RE/MAX 360 $759,900
Listed by RE/MAX 360

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,108
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,843
  • Total Building Area: 2,202
  • Gross Building Area: 4,338
  • Building Area: 2,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,202
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A2

Geography

  • Parcel: SWAM M:0028 B:0008 L:0
  • Block: 8
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4775
  • Longitude: -70.8905

    Address

  • Full Address: 9 Lawrence Rd
  • Address - House Number: 9
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C002
  • 4-Digit Zip Code: 1505
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,700

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 972,898
  • High Value: 1,138,475
  • Low Value: 807,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $860,900
  • Assessed Land Value: $335,600
  • Assessed Improvements Value: $525,300

    Sales

  • Current Sale Contract Date: Sep 20, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200924002850
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 Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$436

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2992 ft²

Average Home Age

97.6 years

Currently For Sale

49 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: 4 months ago
Data Source: MLS PIN, MLS# 72708224

Frequently Asked Questions

When was property at 9 Lawrence Road built and last sold?
The property at 9 Lawrence Road was built in 1925 and last sold on Sep 20, 2020 for $767,000.
How much is this home worth?
The estimated value of the home located at 9 Lawrence Road is $781,114.
What are some comparable homes to 9 Lawrence Road?
There are currently no comparable homes to 9 Lawrence Road.
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