312 Water St #9 Lawrence — Photo 1 of 32
$279,900
Investment Analysis — 312 Water St #9
Lawrence, MA 01841
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01841 carries an estimated $2,010/mo in gross rent — about a 3.11% cap rate and $8,701/yr in estimated NOI at the $279,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
940
Style
Condominium
Built
1988
Welcome to this spacious top-floor condo offering two levels of comfortable living in a convenient Lawrence location! This well-maintained 2-bedroom, 1.5-bath home features an open and functional layout, stainless steel appliances, and newer luxury vinyl plank flooring on the second floor and in the bedrooms. Enjoy the convenience and privacy of in-unit laundry, no shared laundry facilities! The unit also includes a one-car garage plus additional off-street parking. The association has benefited from several recent exterior improvements, including newer vinyl siding, roof, porch, and windows. Conveniently located near major highways, parks, public transportation, shopping, and everyday amenities. A great opportunity for a homeowner or investor looking for space and convenience
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Park
Geography
Listing Agent: Fermin Group
Listing Office: Century 21 North East
MLS® Number: 73580120