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202 Broadway Unit 2-3
D Composite 44.63
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +12.8/15.0
  • Cash flow +7.5/30.0
  • Appreciation +7.2/10.0
  • Condition / age +4.8/5.0
  • 1% rule +3.6/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • DSCR +1.6/10.0
  • Schools +1.2/10.0

$310,000

202 Broadway Unit 2-3 · Lawrence, MA 01840
3 bd · 1.0 ba · 1,240 sqft · Condo public records · 196 Days on market
Built 1900 Excellent condition $250/sqft · 12% below area Est $351k · 12% under $550/mo HOA · 21% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This bright, renovated condo is move in ready! Recently updated in 2020, it features a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open layout includes three spacious bedrooms, including a master with a walk-in closet, plus two updated bathrooms.There's natural light that fills the space and the high 9.5-foot ceilings that make it feel even more open. New flooring and fresh paint throughout make this home feel brand new. Plus, you get the convenience of an on-site laundry room and off-street parking. Located in a great spot downtown, you're close to shopping, restaurants, markets, and public transportation, with easy access to I-495 and I-93. Come see this beautifully renovated condo !

Key facts

  • Walk-in closet
  • On-site laundry room
  • Modern kitchen

Tags

MODERN KITCHENGRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESPLENTY OF CABINET SPACEWALK-IN CLOSETON-SITE LAUNDRY ROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath condo listed at $310k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-388 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $241k (22.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $266k (14.3% below list).
  • Recommended offer: $241k (22.1% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 70/100 on livability (#133 in MA) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+; Watch: crime C-, schools D, amenities D.
  • Lawrence (suburban): math 10% / reading 19% proficiency, ranked #300 of 302 in MA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 4 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,032 units permitted in Essex County in 2024 (590 in 5+ unit buildings).
  • At $2,656/mo this rent would consume 76% of the median local household income ($42k/yr) (locally 980% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $16k of equity ($2k loan paydown + $14k appreciation (4.5% local appreciation)).
  • Essex County population projected at +15% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 3, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 196 days — a 12% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y ago; this cycle's ask is 11823% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $240k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: HOA is 21% of rent; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 8→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $241,378 (22.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 196 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.86%
Cap rate
4.79%
Cash-on-cash
-5.37%
DSCR
0.76
GRM
9.7

CMA / ARV

ARV (median comp)
$351,290
List price
$310,000
Delta
-11.75%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

4.48% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
7.0%
Equity multiple
1.44×
Total profit
$37,845
Equity at exit
$165,974
10-year hold
IRR
9.2%
Equity multiple
2.62×
Total profit
$140,914
Equity at exit
$278,734

Cash invested: $86,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
20 Strongly Tenant-Friendly
State Massachusetts
20 Strongly Tenant-Friendly · D+15
County
— inherits STATE
City
— inherits STATE
Cambridge / Boston historically rent-controlled (preempted 1994 but consideration ongoing); strong tenant protections; court backlogs.

ZIP-level market 01840

Home prices YoY
1.2%
Active inventory
4
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$2,656 high interval (Pro) →
Mortgage (P&I)
$1,626
Tax from tax record
$182 /mo · $2,187/yr
Insurance
$129
HOA
$550
Vacancy / Maint / Mgmt
$558
Net cashflow
$-388

Break-even live

Break-even rent $3,148
Max offer price $241,378
Occupancy floor

Sensitivity live

Price -10% $-213 -5% $-301 +0% $-388 +5% $-476 +10% $-564
Rent -10% $-598 -5% $-493 +0% $-388 +5% $-284 +10% $-179
Rate -1.0pp $-232 -0.5pp $-310 base $-388 +0.5pp $-469 +1.0pp $-551

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$77,500
Closing costs
$9,300
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
300 Methuen St Lawrence, MA 1.0–3.0 1.0–2.0 1010 $1,995 $1.98 3d 1 0.28mi
284 Essex St Lawrence, MA 2.0 2.0 1024 $2,500 $2.44 25d 1 0.47mi
284 Essex St Apt 503 Lawrence, MA 2.0 1.0 1015 $2,350 $2.32 44d 1 0.47mi
284 Essex St Unit 404 Lawrence, MA 2.0 2.0 1024 $2,500 $2.44 44d 1 0.47mi
280 Essex St Unit 302 Lawrence, MA 3.0 2.0 1058 $2,750 $2.60 15d 1 0.47mi
126 Cross St #2 Lawrence, MA 4.0 1.0 850 $3,000 $3.53 2d 1 0.50mi
300 Canal St Lawrence, MA 1.0–3.0 1.0–2.0 1381 $3,750 $2.71 2d 33 0.56mi
302 Canal St Unit 7-28 Lawrence, MA 2.0 1.0 733 $2,295 $3.13 17d 1 0.58mi
270 Canal St Lawrence, MA 2.0 1.0–2.0 1160 $3,025 $2.61 2d 27 0.63mi
136 Essex St Unit 501 Lawrence, MA 2.0 1.0 1000 $2,495 $2.50 44d 1 0.66mi
14 Trenton St Lawrence, MA 4.0 1.0 1200 $2,800 $2.33 2d 1 0.67mi
32 Avon St Unit 2 Lawrence, MA 2.0 1.0 1031 $2,500 $2.42 2d 1 0.72mi
71 Elm St Unit 73-1 Lawrence, MA 2.0 1.0 1350 $2,000 $1.48 44d 1 0.74mi
50 1/2 Common St Apt 3 Lawrence, MA 3.0 1.0 1100 $2,250 $2.05 25d 1 0.78mi
215 Canal St Unit 306 Lawrence, MA 2.0 2.0 971 $2,600 $2.68 44d 1 0.82mi
215 Canal St Unit 303 Lawrence, MA 3.0 2.0 1442 $3,200 $2.22 44d 1 0.82mi
215 Canal St Unit 2 Lawrence, MA 2.0 1.0 971 $2,600 $2.68 44d 1 0.82mi
215 Canal St Apt 503 Lawrence, MA 3.0 2.0 1442 $3,400 $2.36 44d 1 0.82mi
215 Canal St Unit 402 Lawrence, MA 2.0 2.0 1000 $2,500 $2.50 5d 1 0.82mi
215 Canal St Unit 403 Lawrence, MA 3.0 2.0 1442 $3,300 $2.29 44d 1 0.82mi
23 Hobson St #23 Lawrence, MA 2.0 1.5 1000 $2,600 $2.60 2d 1 0.85mi
185-187 Newbury St Unit 187-03 Lawrence, MA 4.0 1.0 1300 $2,450 $1.88 18d 1 0.87mi
185-187 Newbury St Unit 185-02 Lawrence, MA 4.0 1.0 1300 $2,550 $1.96 18d 1 0.87mi
185-187 Newbury St Unit 187-02 Lawrence, MA 4.0 1.0 1300 $2,550 $1.96 17d 1 0.87mi
187 Newbury St Apt 3 Lawrence, MA 4.0 1.0 1300 $2,795 $2.15 17d 1 0.87mi
74 Union St Unit 22 Lawrence, MA 2.0 1.0 700 $1,900 $2.71 44d 1 0.87mi
196-198 Jackson St Unit 198-08 Lawrence, MA 2.0 1.0 750 $1,995 $2.66 25d 1 0.91mi
1 S Union St Lawrence, MA 2.0 1.0–1.5 1143 $2,750 $2.41 2d 21 0.91mi
32 Magnolia St Unit 2 Lawrence, MA 3.0 1.0 1350 $2,500 $1.85 44d 1 0.94mi
28 Hall St Apt 3 Lawrence, MA 3.0 1.0 1200 $2,100 $1.75 44d 1 0.95mi
115 Berkeley St Unit 2 Lawrence, MA 3.0 1.0 1500 $2,350 $1.57 2d 1 1.00mi
162 Prospect St Unit 1 Lawrence, MA 2.0 1.0 1100 $2,000 $1.82 25d 1 1.01mi
56 Coolidge St Unit 1 Lawrence, MA 3.0 1.0 1100 $2,600 $2.36 24d 1 1.02mi
118 Everett St Unit 120 Lawrence, MA 2.0 1.5 1037 $2,600 $2.51 25d 1 1.02mi
153 Bailey St Unit 3 Lawrence, MA 3.0 1.0 1334 $2,550 $1.91 5d 1 1.02mi
153 Bailey St Unit 2 FL Lawrence, MA 3.0 1.0 1344 $2,600 $1.93 5d 1 1.02mi
250 Merrimack St Lawrence, MA 1.0–2.0 1.0–2.0 1280 $3,090 $2.41 2d 32 1.03mi
12 Webster Ct Unit 2 Lawrence, MA 2.0 1.0 950 $2,000 $2.11 25d 1 1.03mi
70-72 Broadway Methuen, MA 3.0 1.0 1200 $2,250 $1.88 44d 1 1.03mi
478 Riverside Dr Unit 301 Lawrence, MA 2.0 1.0 932 $1,995 $2.14 25d 1 1.05mi

HOA detail condo

Monthly dues
$550 · $6,600/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 25 events

  1. 2026-06-18
    days on market $310,000 Active 196 DOM
  2. 2026-06-17
    days on market $310,000 Active 195 DOM
  3. 2026-06-16
    days on market $310,000 Active 194 DOM
  4. 2026-06-15
    days on market $310,000 Active 193 DOM
  5. 2026-06-13
    days on market $310,000 Active 191 DOM
  6. 2026-06-13
    days on market $310,000 Active 190 DOM
  7. 2026-06-09
    days on market $310,000 Active 187 DOM
  8. 2026-06-08
    days on market $310,000 Active 186 DOM
  9. 2026-06-07
    days on market $310,000 Active 185 DOM
  10. 2026-06-04
    days on market $310,000 Active 182 DOM
  11. 2026-06-03
    days on market $310,000 Active 181 DOM
  12. 2026-06-02
    days on market $310,000 Active 180 DOM
  13. 2026-06-01
    days on market $310,000 Active 179 DOM
  14. 2026-05-31
    days on market $310,000 Active 178 DOM
  15. 2026-03-31
    status Back On Market 752-char remark
    Show marketing remark (752 chars)

    This bright, renovated condo is move in ready! Recently updated in 2020, it features a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open layout includes three spacious bedrooms, including a master with a walk-in closet, plus two updated bathrooms.There's natural light that fills the space and the high 9.5-foot ceilings that make it feel even more open. New flooring and fresh paint throughout make this home feel brand new. Plus, you get the convenience of an on-site laundry room and off-street parking. Located in a great spot downtown, you're close to shopping, restaurants, markets, and public transportation, with easy access to I-495 and I-93. Come see this beautifully renovated condo !

  16. 2026-03-31
    price $310,000 752-char remark
    Show marketing remark (752 chars)

    This bright, renovated condo is move in ready! Recently updated in 2020, it features a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open layout includes three spacious bedrooms, including a master with a walk-in closet, plus two updated bathrooms.There's natural light that fills the space and the high 9.5-foot ceilings that make it feel even more open. New flooring and fresh paint throughout make this home feel brand new. Plus, you get the convenience of an on-site laundry room and off-street parking. Located in a great spot downtown, you're close to shopping, restaurants, markets, and public transportation, with easy access to I-495 and I-93. Come see this beautifully renovated condo !

  17. 2026-01-15
    historical 752-char remark
    Show marketing remark (752 chars)

    This bright, renovated condo is move in ready! Recently updated in 2020, it features a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open layout includes three spacious bedrooms, including a master with a walk-in closet, plus two updated bathrooms.There's natural light that fills the space and the high 9.5-foot ceilings that make it feel even more open. New flooring and fresh paint throughout make this home feel brand new. Plus, you get the convenience of an on-site laundry room and off-street parking. Located in a great spot downtown, you're close to shopping, restaurants, markets, and public transportation, with easy access to I-495 and I-93. Come see this beautifully renovated condo !

  18. 2025-12-05
    historical $2,600
  19. 2025-11-09
    listed $2,600
  20. 2025-09-20
    listed $329,900 New 752-char remark
    Show marketing remark (752 chars)

    This bright, renovated condo is move in ready! Recently updated in 2020, it features a modern kitchen with granite countertops, stainless steel appliances, and plenty of cabinet space. The open layout includes three spacious bedrooms, including a master with a walk-in closet, plus two updated bathrooms.There's natural light that fills the space and the high 9.5-foot ceilings that make it feel even more open. New flooring and fresh paint throughout make this home feel brand new. Plus, you get the convenience of an on-site laundry room and off-street parking. Located in a great spot downtown, you're close to shopping, restaurants, markets, and public transportation, with easy access to I-495 and I-93. Come see this beautifully renovated condo !

  21. 2022-03-23
    soldstatus $240,000 Sold 764-char remark
    Show marketing remark (764 chars)

    Beautifuly renovated condo in downtown Lawrence! Completely modernized in 2020 with new kitchen, new bathrooms, new flooring, new HVAC, and freshly painted interior. Kitchen features granite counter tops, stainless steel appliances, and new cabinets. Spacious floor plan offers 3 bedrooms ( with walk in closet in master bedroom ) and 2 full bathrooms .Beautiful natural light thru out, versatile floor plan, 9.5 foot ceilings! On-site laundry room, off street parking Ideal location close to shopping, markets and public transportation. Current tenant pays $1,500 per month. Located near I-495 and I-93. *****To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.*****

  22. 2022-03-23
    soldstatus $240,000
    Show marketing remark (764 chars)

    Beautifuly renovated condo in downtown Lawrence! Completely modernized in 2020 with new kitchen, new bathrooms, new flooring, new HVAC, and freshly painted interior. Kitchen features granite counter tops, stainless steel appliances, and new cabinets. Spacious floor plan offers 3 bedrooms ( with walk in closet in master bedroom ) and 2 full bathrooms .Beautiful natural light thru out, versatile floor plan, 9.5 foot ceilings! On-site laundry room, off street parking Ideal location close to shopping, markets and public transportation. Current tenant pays $1,500 per month. Located near I-495 and I-93. *****To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.*****

  23. 2022-02-08
    status Under Agreement 764-char remark
    Show marketing remark (764 chars)

    Beautifuly renovated condo in downtown Lawrence! Completely modernized in 2020 with new kitchen, new bathrooms, new flooring, new HVAC, and freshly painted interior. Kitchen features granite counter tops, stainless steel appliances, and new cabinets. Spacious floor plan offers 3 bedrooms ( with walk in closet in master bedroom ) and 2 full bathrooms .Beautiful natural light thru out, versatile floor plan, 9.5 foot ceilings! On-site laundry room, off street parking Ideal location close to shopping, markets and public transportation. Current tenant pays $1,500 per month. Located near I-495 and I-93. *****To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.*****

  24. 2022-01-25
    historical Contingent 764-char remark
    Show marketing remark (764 chars)

    Beautifuly renovated condo in downtown Lawrence! Completely modernized in 2020 with new kitchen, new bathrooms, new flooring, new HVAC, and freshly painted interior. Kitchen features granite counter tops, stainless steel appliances, and new cabinets. Spacious floor plan offers 3 bedrooms ( with walk in closet in master bedroom ) and 2 full bathrooms .Beautiful natural light thru out, versatile floor plan, 9.5 foot ceilings! On-site laundry room, off street parking Ideal location close to shopping, markets and public transportation. Current tenant pays $1,500 per month. Located near I-495 and I-93. *****To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.*****

  25. 2021-12-09
    listed $250,000 New 764-char remark
    Show marketing remark (764 chars)

    Beautifuly renovated condo in downtown Lawrence! Completely modernized in 2020 with new kitchen, new bathrooms, new flooring, new HVAC, and freshly painted interior. Kitchen features granite counter tops, stainless steel appliances, and new cabinets. Spacious floor plan offers 3 bedrooms ( with walk in closet in master bedroom ) and 2 full bathrooms .Beautiful natural light thru out, versatile floor plan, 9.5 foot ceilings! On-site laundry room, off street parking Ideal location close to shopping, markets and public transportation. Current tenant pays $1,500 per month. Located near I-495 and I-93. *****To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.*****

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MA · Partial reset (capped growth)

Current annual tax
$2,187 · $182/mo
Projected year-2 tax
$3,000 · $250/mo
Expected delta
+$813/yr (+$68/mo · 37.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 8 d/yr ≥98°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,878
− Mortgage interest
−$17,365
− Property taxes
−$2,187
− Insurance
−$1,550
− Repairs & maintenance
−$2,550
− Management
−$2,550
− HOA
−$6,600
− Depreciation
−$9,018
Taxable loss
−$9,942
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,386
After-tax cash flow
$-2,275/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This move-in ready, renovated condo is in excellent condition with modern updates throughout. It offers a bright and spacious living environment with a good layout and fresh finishes.

Value-add opportunities

  • Both Painting the exterior and landscaping — Enhances curb appeal and can attract more buyers/renters.
  • Both Adding smart home features — Improves convenience and can increase property value.
  • Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's value.
  • Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can attract more buyers and increase the home's value.
  • Rental Adding a smart thermostat — Can reduce energy costs and attract more renters.
  • Rental Adding a smart lock — Can reduce maintenance and attract more renters.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and landscaping — Enhances curb appeal and can attract more buyers/renters.
  • Both Adding smart home features — Improves convenience and can increase property value.
  • Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's value.
  • Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can attract more buyers and increase the home's value.
  • Rental Adding a smart thermostat — Can reduce energy costs and attract more renters.
  • Rental Adding a smart lock — Can reduce maintenance and attract more renters.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Lawrence
NCES district ID
2506660
Math proficiency
10% ▼ -21.00%
Reading proficiency
19% ▼ -11.00%
Median HH income
$34,802
Composite
11.87/100
National rank
#9672
State rank
#300 of 302 in MA

Livability — Lawrence

Score
70/100
State rank
#133
US rank
#7750

Category grades

Amenities D Commute A+ Cost of living F Crime C- Employment D- Housing C+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lawrence, MA
County
Essex County · 632,995 people
City population
35,967
Metro
Boston-Cambridge-Newton, MA-NH
Population (ZIP)
8,522
Household income
$42,211
Rent vs Own
97.5% rent · 2.5% own
Severe rent burden
980.0

Population outlook (Essex County) Hauer SSP2

Today (2025)
840,920 people
By 2030
872,201 · +3.7%
By 2040
927,918 · +10.3%
By 2050
970,206 · +15.4%
By 2075
1,077,993 · +28.2%
By 2100
1,103,053 · +31.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (87%)
Race & ethnicity
Hispanic / Latino 87% Two or more races 13% White 10% Black 2%
Hispanic origin (detail)
Puerto Rican 30% Dominican 46%
Common ancestry
Lithuanian 1% Romanian 1%
Foreign-born
40% · Canada, Guatemala
Languages at home
17% English-only · Spanish 82% French/Haitian/Cajun 1%

Political lean MEDSL · Essex

2024 margin
Strong D (+20.3) · D 59.2% · R 38.9% · Other 1.9%
2008→2024 swing
0.0pp no change · 2008: 20.3pp · 2024: 20.3pp
All cycles
2024: D+20.3 2020: D+29.1 2016: D+22.5 2012: D+16.2 2008: D+20.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 4.48%
Current HPI
384.9595
Rent YoY
Metro
Boston-Cambridge-Newton, MA-NH
State GDP YoY
▲ 2.28%
F500 in state
38

Industry mix (Fortune 500 HQ in MA)

Industry F500 HQs Revenue

Price history

+24.0% since first listed
11 events — show timeline
  • 2026-03-31 Relisted MLS PIN
  • 2026-03-31 Price Changed $310,000 MLS PIN
  • 2026-01-15 Listing Removed MLS PIN
  • 2025-12-05 Rental Removed $2,600 MLSPIN
  • 2025-11-09 Listed for Rent $2,600 MLSPIN
  • 2025-09-20 Listed $329,900 MLS PIN
  • 2022-03-23 Sold (Public Records) $240,000 Public Records
  • 2022-03-23 Sold (MLS) $240,000 MLS PIN
  • 2022-02-08 Pending MLS PIN
  • 2022-01-25 Contingent MLS PIN
  • 2021-12-09 Listed $250,000 MLS PIN

Property tax history

+9.7%/yr

Latest (2023): $2,187 · +7.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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