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Lawrence 01841 Prospect Hill - Back Bay
12 Wayne St
$286,000
● House - Off Market

12 Wayne St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,284 Ft²
$455,415
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

This house will not last.  Beautiful open concept ranch with very large kitchen with granite and all stainless steel appliances, overlooking dining area.  Front to back living room with slider leading to a private deck beautifully landscaped  very large yard.  Bathroom fully titled, new vanity.  Three large bedrooms.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$222
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #72170435)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
May 23, 2017 Listed by Coco, Early & Associates $284,900
Listed by Coco, Early & Associates
Mar 11, 1996 Sold
Premium
Sold
Nov 20, 1995 Listed by Coco, Early & Associates $61,250
Listed by Coco, Early & Associates

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 1
  • 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: 12,146
  • Total Building Area: 1,284
  • Gross Building Area: 2,625
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT HILL
  • Land Acres: 0000000279
  • 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: 51 0000 0075 A
  • Parcel: LAWR M:0051 B:0000 L:0075
  • Lot: 75
  • Municipality: LAWRENCE
  • Latitude: 42.7137
  • Longitude: -71.1441

    Address

  • Full Address: 12 Wayne St
  • Address - House Number: 12
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2266
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $352,700

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 512,341
  • High Value: 609,636
  • Low Value: 415,046

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,300
  • Assessed Land Value: $157,100
  • Assessed Improvements Value: $224,200

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17783
  • Previous Sale Recording Date: Mar 11, 1996
  • Previous Sale Amount: $58,000
  • 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

$325

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1324 ft²

Average Home Age

81.9 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72170435

Frequently Asked Questions

When was property at 12 Wayne Street built and last sold?
The property at 12 Wayne Street was built in 1963 and last sold on Jan 1, 1970 for $286,000.
How much is this home worth?
The estimated value of the home located at 12 Wayne Street is $290,560.
What are some comparable homes to 12 Wayne Street?
There are currently no comparable homes to 12 Wayne Street.
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