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Lawrence 01841 Prospect Hill - Back Bay
16 Clarke Street
$131,500
● House - Off Market

16 Clarke Street

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,667 Ft²
$294,962
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Charming Colonial in Family Neighborhood!  Home features 3 bedrooms, 1 full and two .5 baths, lots of original woodwork & beautiful built-in hutches and shelving!!  Spacious country kitchen with exposed wood beams and dining area!  Large living room with bay window! Formal dining room & hardwood floors throughout first level! Detached garage for additional storage space!  Lots of potential!!
Unit Size
1,667 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$77
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #71301568)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Sep 15, 2020 Listed by McGeough Lamacchia Realty, Inc $369,900
Listed by McGeough Lamacchia Realty, Inc
Feb 10, 2012 Sold
Premium
Sold
Oct 17, 2011 Listed by McGeough Lamacchia Realty, Inc $129,000
Listed by McGeough Lamacchia Realty, Inc
Jun 18, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 9,315
  • Total Building Area: 1,667
  • Gross Building Area: 3,292
  • Building Area: 1,667
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,667
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000214
  • 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: 71 0000 0011 A
  • Parcel: LAWR M:0071 B:0000 L:0011
  • Lot: 11
  • Municipality: LAWRENCE
  • Latitude: 42.7161
  • Longitude: -71.1512

    Address

  • Full Address: 16 Clarke St
  • Address - House Number: 16
  • Address - Street Name: Clarke
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C019
  • 4-Digit Zip Code: 2119
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $410,100

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 523,969
  • High Value: 620,423
  • Low Value: 427,515

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,400
  • Assessed Land Value: $146,200
  • Assessed Improvements Value: $297,200

    Sales

  • Current Sale Contract Date: Nov 15, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33182
  • Previous Sale Recording Date: Jun 18, 2007
  • Previous Sale Amount: $236,500
  • 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:

$560,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

47

Average Home Size

974 ft²

Average Home Age

70.9 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: 5 months ago
Data Source: MLS PIN, MLS# 71301568

Frequently Asked Questions

When was property at 16 Clarke Street built and last sold?
The property at 16 Clarke Street was built in 1920 and last sold on Nov 15, 2020 for $375,000.
How much is this home worth?
The estimated value of the home located at 16 Clarke Street is $372,723.
What are some comparable homes to 16 Clarke Street?
There are currently no comparable homes to 16 Clarke Street.
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