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Lawrence 01843 South West
94 Dracut Street
$152,000
● House - Off Market

94 Dracut Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
974 Ft²
$245,963
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Great Condo alternative located on the foothills of Mount Vernon with 2 bedrooms upstairs, 1 bedroom downstairs, an updated bath, an eat-in kitchen, open-concept living room/dining room, washer/dryer hookups, a new boiler, fenced-in yard and double driveway. Easy highway access to I495, I93 and Route 28. Call today for a private viewing! No FHA or VA financing.
Unit Size
974 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1910

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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 #71895003)

Price History

Date / Event Date Event Price
Jun 28, 2016 Sold
Premium
Sold
Aug 26, 2015 Listed by Coco,Early & Associates Star Division LLC $144,900
Listed by Coco,Early & Associates Star Division LLC
Jun 20, 2013 Sold
Premium
Sold
Apr 17, 2013 Listed by Coco,Early & Associates Star Division LLC $173,500
Listed by Coco,Early & Associates Star Division LLC
Apr 23, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 5,000
  • Total Building Area: 974
  • Gross Building Area: 2,678
  • Building Area: 974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 118 0000 0012 A
  • Parcel: LAWR M:0118 B:0000 L:0012
  • Lot: 12
  • Municipality: LAWRENCE
  • Latitude: 42.6902
  • Longitude: -71.1639

    Address

  • Full Address: 94 Dracut St
  • Address - House Number: 94
  • Address - Street Name: Dracut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C043
  • 4-Digit Zip Code: 2536
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $279,400

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 383,751
  • High Value: 455,600
  • Low Value: 311,902

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $302,100
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $184,500

    Sales

  • Current Sale Recording Date: Jun 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15481
  • Previous Sale Recording Date: Jun 20, 2013
  • Previous Sale Amount: $173,000
  • 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:

$569,450

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1063 ft²

Average Home Age

47.5 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71895003

Frequently Asked Questions

When was property at 94 Dracut Street built and last sold?
The property at 94 Dracut Street was built in 1910 and last sold on Jan 1, 1970 for $152,000.
How much is this home worth?
The estimated value of the home located at 94 Dracut Street is $147,870.
What are some comparable homes to 94 Dracut Street?
There are currently no comparable homes to 94 Dracut Street.
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