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Lawrence 01841 Prospect Hill - Back Bay
11 Platt St
$405,000
● House - Off Market

11 Platt St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,158 Ft²
$444,532
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful home awaiting new owner. Featuring 3 bedrooms, 1.50 baths, including an exceptionally and completely updated full bath. Fireplace in living room. Spacious closets and updated windows.  Kitchen is showcasing a quartz countertop, updated appliances, and very attractive cabinets. This property has lots of character and won't be on the market long! ***Update - Offers due Monday, June 28, 2021 by 5:00pm***
Unit Size
1,158 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$335
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1960

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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: 5 years ago (MLSPIN #72854119)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by Guevara Realty $388,427
Listed by Guevara Realty
Jun 30, 2000 Sold
Premium
Sold
Oct 28, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7,993
  • Total Building Area: 1,158
  • Gross Building Area: 3,522
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARWOOD GREEN 04
  • Land Acres: 0000000183
  • 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: 250800

Geography

  • Account Number: 70 0000 0062 A
  • Parcel: LAWR M:0070 B:0000 L:0062
  • Lot: 62
  • Municipality: LAWRENCE
  • Latitude: 42.7147
  • Longitude: -71.1482

    Address

  • Full Address: 11 Platt St
  • Address - House Number: 11
  • Address - Street Name: Platt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2958
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $388,900

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 474,178
  • High Value: 561,466
  • Low Value: 386,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $420,400
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $282,900

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27083
  • Previous Sale Recording Date: Jun 30, 2000
  • Previous Sale Amount: $128,000
  • 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 Prospect Hill - Back Bay

Stats & Trends

Median Asking:

$552,000

Sale Price/ft²

$320

Below Asking

0.01%

Average Days on Market

47

Average Home Size

957 ft²

Average Home Age

82.4 years

Currently For Sale

5 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: 5 years ago
Data Source: MLS PIN, MLS# 72854119

Frequently Asked Questions

When was property at 11 Platt Street built and last sold?
The property at 11 Platt Street was built in 1960 and last sold on Aug 12, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 11 Platt Street is $0.
What are some comparable homes to 11 Platt Street?
There are currently no comparable homes to 11 Platt Street.
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