$2,975,000
- Land
- 24,393 Sq Ft
- $5,312,500 per Acre
71-75 Common St, Lawrence, MA 01840
71-75 Common St, Lawrence, MA 01840Frequently Asked Questions
Is Downtown Lawrence a good place to live?
Downtown Lawrence is a good place to live. Downtown Lawrence is considered very walkable and bikeable with good transit options. Downtown Lawrence has 3 parks for recreational activities.It has a median age of 36. The average household income is $50,126 which is below the national average. College graduates make up 14.3% of residents. A majority of residents in Downtown Lawrence are renters, with 95% of residents renting and 5% of residents owning their home. A local real estate agent serving Downtown Lawrence can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Lawrence neighborhood guide.
How much do you need to make to afford a house in Downtown Lawrence?
The median home price in Downtown Lawrence is $247,500. If you put a 20% down payment of $49,500 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Downtown Lawrence. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Lawrence is $50K.
What are the best public schools in Downtown Lawrence?
The best public schools that serve Downtown Lawrence are:
- John K Tarbox Elementary School has a C- Niche grade and a student teacher ratio of 11:1.
- Oliver Middle School has a C- Niche grade and a student teacher ratio of 12:1.
- School For Exceptional Studies has a student teacher ratio of 4:1.
What are the best private schools in Downtown Lawrence?
The best private schools that serve Downtown Lawrence are:
- St Michael School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 3.4.
- Central Catholic High School has an A- Niche grade, a student teacher ratio of 12:1 and an average review score of 4.1.
- Notre Dame Cristo Rey High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.8.
What are the most popular zip codes in Downtown Lawrence, Lawrence, MA?
What are the most popular neighborhoods near Downtown Lawrence, Lawrence, MA?
The most popular neighborhoods near Downtown Lawrence, Lawrence, MA are Tower Hill, Prospect Hill-Back Bay, South Common, Arlington and The East End.
Are home prices dropping in Downtown Lawrence?
Yes, home prices in Downtown Lawrence are down 8% in the last 12 months.
