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Lawrence 01841 Prospect Hill - Back Bay
11 Thornton St
$208,000
● House - Off Market

11 Thornton St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,420 Ft²
$397,425
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

FIRST OPEN HOUSE SUNDAY 6/9 1-3!  Make this spacious 3 bedroom ranch your new home.  Enjoy the fireplace in the freshly painted living room with gleaming hardwood floors.  Bathroom updated in 2011 with granite counters and soft close cabinets.  Lower level was once finished with a family room w/ fireplace, gameroom, workroom, laundry and half bath; could be finished for approx.1000 more SF of living space.  Sporting a brand new roof (2013) and newer kitchen, this house is ready to be your home!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$240
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 months ago (MLSPIN #71538257)

Price History

Date / Event Date Event Price
Jul 26, 2013 Sold
Premium
Sold
Jun 7, 2013 Listed by Keller Williams Realty $203,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 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: 8,000
  • Total Building Area: 1,420
  • Gross Building Area: 3,088
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 53 0000 0008 A
  • Parcel: LAWR M:0053 B:0000 L:0008
  • Lot: 8
  • Municipality: LAWRENCE
  • Latitude: 42.7185
  • Longitude: -71.1459

    Address

  • Full Address: 11 Thornton St
  • Address - House Number: 11
  • Address - Street Name: Thornton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1412
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $387,700

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 493,938
  • High Value: 620,187
  • Low Value: 367,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,100
  • Assessed Land Value: $137,600
  • Assessed Improvements Value: $281,500

    Sales

  • Current Sale Recording Date: Jul 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

$317

Below Asking

0.01%

Average Days on Market

49

Average Home Size

864 ft²

Average Home Age

63.3 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 71538257

Frequently Asked Questions

When was property at 11 Thornton Street built and last sold?
The property at 11 Thornton Street was built in 1960 and last sold on Jan 1, 1970 for $208,000.
How much is this home worth?
The estimated value of the home located at 11 Thornton Street is $206,397.
What are some comparable homes to 11 Thornton Street?
There are currently no comparable homes to 11 Thornton Street.
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