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Lawrence 01841 Tower Hill
94 Margin St
$384,400
● House - Off Market

94 Margin St

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,392 Ft²
$2,076
Est. Monthly

About This Property

Welcome to this spacious house located in a convenient area. The living space provides room for the whole family, while the vinyl flooring adds a modern touch. This well-maintained house has seen several updates throughout the ownership, including vinyl siding, a newer roof, and upgraded flooring. The addition of extra living space makes it an even more comfortable. This property offers easy access to transportation, making your daily commute a breeze. With nearby stores, schools, and grocery stores, you'll have all the conveniences right at your doorstep.The owner currently utilizes this property as a 5-bedroom house. The partially finished basement provides additional living space. The property offers the flexibility to accommodate your unique needs and preferences. Roof is only 2 years old.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$273
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1900

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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 #73175871)

Price History

Date / Event Date Event Price
Mar 20, 2024 Sold
Premium
Sold
Feb 2, 2024 In contract -
In contract
Oct 31, 2023 Listed by Century 21 North East $379,900
Listed by Century 21 North East
Aug 27, 2010 Sold
Premium
Sold
Jul 7, 2010 Listed by Century 21 North East $57,900
Listed by Century 21 North East
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 15
  • Exterior Walls Type: 19
  • 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: 1,980
  • Total Building Area: 1,392
  • Gross Building Area: 2,160
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000045
  • 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: 251400

Geography

  • Account Number: 187 0000 0084 A
  • Parcel: LAWR M:0187 B:0000 L:0084
  • Lot: 84
  • Municipality: LAWRENCE
  • Latitude: 42.7042
  • Longitude: -71.1743

    Address

  • Full Address: 94 Margin St
  • Address - House Number: 94
  • Address - Street Name: Margin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C022
  • 4-Digit Zip Code: 4613
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $294,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 379,554
  • High Value: 409,809
  • Low Value: 349,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $318,700
  • Assessed Land Value: $89,200
  • Assessed Improvements Value: $229,500

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4041
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Amount: $52,000
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

4670 ft²

Average Home Age

118 years

Currently For Sale

11 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# 73175871

Frequently Asked Questions

When was property at 94 Margin Street built and last sold?
The property at 94 Margin Street was built in 1900 and last sold on Mar 19, 2024 for $384,400.
How much is this home worth?
The estimated value of the home located at 94 Margin Street is $377,066.
What are some comparable homes to 94 Margin Street?
There are currently no comparable homes to 94 Margin Street.
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