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Lawrence 01841 Prospect Hill - Back Bay
16 Wilbur Street
$306,000
● House - Off Market

16 Wilbur Street

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,362 Ft²
$456,321
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

This is it! Custom built one owner Ranch nestled within similar homes. This very spacious home features; large kitchen/dining room, fireplace living room, den, 3 bedrooms, hardwood floors, basement with fireplace (unfinished), 2 car garage and a beautiful level fenced lot. This property is dated, but solid! Newer roof, updated windows and appliances are remaining as a gift (new wall oven 11/2017). You can't miss with this one! Turn this into your dream home with some cosmetic updating. Perfect for the first time buyer or the folks seeking one floor living. First showing Saturday April 14th at 1pm. You must be accompanied with your agent and pre approved. Any and all offers (best and final) will be reviewed on Sunday by 4pm. Ready to go and an easy close!
Unit Size
1,362 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$220
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1962

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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 #72306154)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 10, 2018 Listed by Connie Doto Realty Group $299,700
Listed by Connie Doto Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 10,350
  • Total Building Area: 1,362
  • Gross Building Area: 3,222
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: 30 0000 0006 A
  • Parcel: LAWR M:0030 B:0000 L:0006
  • Lot: 6
  • Municipality: LAWRENCE
  • Latitude: 42.7131
  • Longitude: -71.1423

    Address

  • Full Address: 16 Wilbur St
  • Address - House Number: 16
  • Address - Street Name: Wilbur
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2249
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $380,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 519,725
  • High Value: 618,422
  • Low Value: 421,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $411,700
  • Assessed Land Value: $154,400
  • Assessed Improvements Value: $257,300

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118003
  • Previous Sale Recording Date: Jun 29, 2009
  • Previous Sale Document Type: 48
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:

$550,950

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# 72306154

Frequently Asked Questions

When was property at 16 Wilbur Street built and last sold?
The property at 16 Wilbur Street was built in 1962 and last sold on May 30, 2018 for $306,000.
How much is this home worth?
The estimated value of the home located at 16 Wilbur Street is $303,517.
What are some comparable homes to 16 Wilbur Street?
There are currently no comparable homes to 16 Wilbur Street.
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