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Lawrence 01841 Arlington
9 Stearns Ave
$450,000
● House - Off Market

9 Stearns Ave

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$460,302
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Well maintained Colonial has been cared for by it's owner for the last 50 years!! Located near the Methuen line, this classic Colonial is where you want to call your next home! The 4 bedroom, 1 bathroom home features hardwood in most rooms, living room, dining room, updated kitchen, family room, enclosed front porch, 4 bedrooms, and walk up attic! Single garage and off-street parking and a private yard. Convenient, easy access to highways, shopping, and medical facility.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$281
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73031602)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Sep 1, 2022 Listed by Coco, Early & Associates $439,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 5,700
  • Total Building Area: 1,568
  • Gross Building Area: 3,368
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 250600

Geography

  • Account Number: 152 0000 0056 A
  • Parcel: LAWR M:0152 B:0000 L:0056
  • Lot: 56
  • Municipality: LAWRENCE
  • Latitude: 42.7221
  • Longitude: -71.1665

    Address

  • Full Address: 9 Stearns Ave
  • Address - House Number: 9
  • Address - Street Name: Stearns
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C016
  • 4-Digit Zip Code: 1132
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $350,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 449,061
  • High Value: 531,726
  • Low Value: 366,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $379,300
  • Assessed Land Value: $102,800
  • Assessed Improvements Value: $276,500

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24659
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 Arlington

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

70

Average Home Size

3678 ft²

Average Home Age

86.5 years

Currently For Sale

2 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: 4 months ago
Data Source: MLS PIN, MLS# 73031602

Frequently Asked Questions

When was property at 9 Stearns Avenue built and last sold?
The property at 9 Stearns Avenue was built in 1930 and last sold on Oct 21, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 9 Stearns Avenue is $448,175.
What are some comparable homes to 9 Stearns Avenue?
There are currently no comparable homes to 9 Stearns Avenue.
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