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Lawrence 01841 Prospect Hill - Back Bay
158 Prospect Street
$69,900
● House - Off Market

158 Prospect Street

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
964 Ft²
$207,094
RealtyHop Estimate
196.27%
Since Jun 1, 2000
National-US
Primary Model

About This Property

FIRST TIME BUYER ALERT!  REHABBED HOME, MODERN BATH, KITCHEN, WALL TO WALL, NEW WINDOWS, FURNACE AND ROOF. PARKING.  A MUST SEE HOME.  GREAT ALTERNATIVE TO RENTING.
Unit Size
964 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$73
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1931

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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: 4 years ago (MLSPIN #30385478)

Price History

Date / Event Date Event Price
Jun 2, 2000 Sold
Premium
Sold
Feb 14, 2000 Listed by Coco, Early & Associates $69,900
Listed by Coco, Early & Associates
Oct 12, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • 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: 15
  • Exterior Walls Type: 19
  • 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: 1,750
  • Total Building Area: 964
  • Gross Building Area: 1,703
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 964
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH DAIRY
  • Land Acres: 0000000040
  • 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: 250700

Geography

  • Account Number: 88 0000 0122 A
  • Parcel: LAWR M:0088 B:0000 L:0122
  • Lot: 122
  • Municipality: LAWRENCE
  • Latitude: 42.7134
  • Longitude: -71.1522

    Address

  • Full Address: 158 Prospect St
  • Address - House Number: 158
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C019
  • 4-Digit Zip Code: 2823
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $250,800

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 343,359
  • High Value: 405,179
  • Low Value: 281,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $271,100
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $185,200

    Sales

  • Current Sale Recording Date: Jun 02, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 12, 1989
  • Previous Sale Amount: $25,000
  • 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:

$579,999

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1464 ft²

Average Home Age

83.4 years

Currently For Sale

10 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30385478

Frequently Asked Questions

When was property at 158 Prospect Street built and last sold?
The property at 158 Prospect Street was built in 1931 and last sold on Jan 1, 1970 for $74,900.
How much is this home worth?
The estimated value of the home located at 158 Prospect Street is $0.
What are some comparable homes to 158 Prospect Street?
There are currently no comparable homes to 158 Prospect Street.
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