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Lawrence 01841 Prospect Hill - Back Bay
19 Norris St
$423,000
● Multifamily - Off Market

19 Norris St

Lawrence, MA 01841
bedrooms
6 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,500 Ft²
$676,789
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Stylish and efficient newly built 3 bedroom duplex with full walkout basement set on oversized lot! This turn key duplex comes fully applianced, has hardwood floors throughout the first floor and carpet upstairs. Open kitchen/dining area features stainless steel appliances, side by side refrigerator with ice and water, gas range with self cleaning oven, over the range microwave, dishwasher and breakfast bar, three spacious bedrooms, a full bath up, half bath down, econimical natural gas heat, two water meters so your tenants can pay for their own and two decks over looking a huge back yard. Be the first to see this one or wish you had been!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$170
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #72133426)

Price History

Date / Event Date Event Price
Sep 8, 2017 Sold
Premium
Sold
Mar 21, 2017 Listed by Century 21 North Shore/Fermin Group $425,000
Listed by Century 21 North Shore/Fermin Group
Jan 10, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 7,971
  • Total Building Area: 2,494
  • Gross Building Area: 3,966
  • Building Area: 2,494
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,494
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 250800

Geography

  • Account Number: 34 0000 0013 A
  • Parcel: LAWR M:0034 B:0000 L:0013
  • Lot: 13
  • Municipality: LAWRENCE
  • Latitude: 42.7205
  • Longitude: -71.1405

    Address

  • Full Address: 19 Norris St
  • Address - House Number: 19
  • 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: $651,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 733,268
  • High Value: 849,091
  • Low Value: 617,445

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,600
  • Assessed Land Value: $137,300
  • Assessed Improvements Value: $567,300

    Sales

  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23467
  • Previous Sale Recording Date: Jan 10, 2017
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: O
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# 72133426

Frequently Asked Questions

When was property at 19 Norris Street built and last sold?
The property at 19 Norris Street was built in 2017 and last sold on Jan 1, 1970 for $423,000.
How much is this home worth?
The estimated value of the home located at 19 Norris Street is $429,174.
What are some comparable homes to 19 Norris Street?
There are currently no comparable homes to 19 Norris Street.
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