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Lawrence 01841 Prospect Hill - Back Bay
21 Norris St
$308,000
● House - Off Market

21 Norris St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,236 Ft²
$423,846
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Great raised ranch style home on dead end street. Home provides great access to Interstate 495! This home has plenty of space for you to enjoy featuring 3 well sized bedrooms, cozy living room with fireplace and an eat in kitchen ready for your imagination which allows access to spacious backyard ready for summer fun. Venture into the lower level where you will find additional space including a possible extra bedroom and or home office, family room for movie night and or game day that provides instant access to backyard area and an laundry room that provides plenty of storage along with a 1 car garage. Get your tool belt ready and personalize this home with your taste and finishing touches.
Unit Size
1,236 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$243
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1963

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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 #72650446)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
May 1, 2020 Listed by Coco, Early & Associates The Olivares and Molina Division $299,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Mar 18, 2010 Sold
Premium
Sold
Feb 2, 2010 Listed by Coco, Early & Associates The Olivares and Molina Division $160,000
Listed by Coco, Early & Associates The Olivares and Molina Division

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9,079
  • Total Building Area: 1,236
  • Gross Building Area: 2,452
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND LOCATED LAWRENCE
  • Land Acres: 0000000208
  • 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 0012 A
  • Parcel: LAWR M:0034 B:0000 L:0012
  • Lot: 12
  • Municipality: LAWRENCE
  • Latitude: 42.7205
  • Longitude: -71.1402

    Address

  • Full Address: 21 Norris St
  • Address - House Number: 21
  • 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: $435,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 433,010
  • High Value: 543,686
  • Low Value: 322,333

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,400
  • Assessed Land Value: $144,700
  • Assessed Improvements Value: $325,700

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12787
  • Previous Sale Recording Date: Mar 18, 2010
  • Previous Sale Amount: $165,000
  • 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:

$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# 72650446

Frequently Asked Questions

When was property at 21 Norris Street built and last sold?
The property at 21 Norris Street was built in 1963 and last sold on May 26, 2020 for $308,000.
How much is this home worth?
The estimated value of the home located at 21 Norris Street is $300,895.
What are some comparable homes to 21 Norris Street?
There are currently no comparable homes to 21 Norris Street.
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