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Lawrence 01841 Prospect Hill - Back Bay
13 Norris St
$262,500
● House - Off Market

13 Norris St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$378,032
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Looking for an affordable home with lots of character? Look no further, bring your finishing touches to your Colonial style home located on a dead end street location that is within minutes of Interstate 495! Home offers a young roof with updated vinyl windows along with a oversized driveway, a two car garage and a spacious yard for summer fun! As you walk in to the home you are greeted by a quaint enclosed porch, front to back living room and an eat in kitchen with access to a half bath as well as a porch that leads you to the backyard. 2nd level offers spacious bedrooms with one bedroom that features a walk in closet. Access to unfinished attic ready for your imagination! Walkout lower level offers ample storage space. Come see you home and make it yours!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$167
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1920

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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 #72365481)

Price History

Date / Event Date Event Price
Sep 17, 2018 Sold
Premium
Sold
Jul 19, 2018 Listed by Coco, Early & Associates The Olivares and Molina Division $249,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Jun 17, 1998 Sold
Premium
Sold
Jun 27, 1997 Listed by Coco, Early & Associates The Olivares and Molina Division $99,900
Listed by Coco, Early & Associates The Olivares and Molina Division

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,397
  • Total Building Area: 1,500
  • Gross Building Area: 3,132
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 34 0000 0014 A
  • Parcel: LAWR M:0034 B:0000 L:0014
  • Lot: 14
  • Municipality: LAWRENCE
  • Latitude: 42.7206
  • Longitude: -71.141

    Address

  • Full Address: 13 Norris St
  • Address - House Number: 13
  • Address - Street Name: Norris
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1511
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $364,100

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 498,909
  • High Value: 577,714
  • Low Value: 420,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $393,600
  • Assessed Land Value: $133,500
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22446
  • Previous Sale Recording Date: Jun 17, 1998
  • Previous Sale Amount: $97,000
  • 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:

$556,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

49

Average Home Size

954 ft²

Average Home Age

64.1 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: 5 months ago
Data Source: MLS PIN, MLS# 72365481

Frequently Asked Questions

When was property at 13 Norris Street built and last sold?
The property at 13 Norris Street was built in 1920 and last sold on Jan 1, 1970 for $262,500.
How much is this home worth?
The estimated value of the home located at 13 Norris Street is $255,897.
What are some comparable homes to 13 Norris Street?
There are currently no comparable homes to 13 Norris Street.
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