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Lawrence 01841 Prospect Hill - Back Bay
3 Berkeley Court
$46,000
● House - Off Market

3 Berkeley Court

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,491 Ft²
$182,682
RealtyHop Estimate
266.10%
Since May 1, 1997
National-US
Primary Model

About This Property

WONDERFULLY KEPT COLONIAL WITH IN-LAW OR TWO FAMILY POTENTIAL.  LARGE REMODELED KITCHEN, MANY NEW WINDOWS, EFFICIENT GAS HEAT, OFF STREET PARKING.  HURRY, WON'T LAST!
Unit Size
1,491 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$33
Property Type
House
Property Taxes
$60
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: 4 years ago (MLSPIN #30149592)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Aug 1, 2021 Listed $398,000
Listed
Mar 27, 2000 Sold
Premium
Sold
Feb 10, 2000 Listed by Coco, Early & Associates $86,900
Listed by Coco, Early & Associates
LARGE SINGLE FAMILY WITH FINISHED IN-LAW APARTMENT ON 2ND LEVEL. THIS HOUSE HAS NEW HEATING SYSTEM, VINYL SIDING, REPLACEMENT WINDOWS AND MANY EXTRAS! LARGE FENCED YARD!
Apr 30, 1997 Sold
Premium
Sold
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 2,349
  • Total Building Area: 1,428
  • Gross Building Area: 3,053
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • 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: 250700

Geography

  • Account Number: 110 0000 0062 A
  • Parcel: LAWR M:0110 B:0000 L:0062
  • Lot: 62
  • Municipality: LAWRENCE
  • Latitude: 42.7174
  • Longitude: -71.1564

    Address

  • Full Address: 3 Berkeley Ct
  • Address - House Number: 3
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C007
  • 4-Digit Zip Code: 1932
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,600

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 484,760
  • High Value: 572,472
  • Low Value: 397,048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,600
  • Assessed Land Value: $94,400
  • Assessed Improvements Value: $305,200

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36258
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:

$552,000

Sale Price/ft²

$320

Below Asking

0.01%

Average Days on Market

47

Average Home Size

957 ft²

Average Home Age

82.4 years

Currently For Sale

5 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: 4 years ago
Data Source: MLS PIN, MLS# 30149592

Frequently Asked Questions

When was property at 3 Berkeley Court built and last sold?
The property at 3 Berkeley Court was built in 1920 and last sold on Oct 29, 2021 for $398,000.
How much is this home worth?
The estimated value of the home located at 3 Berkeley Court is $412,113.
What are some comparable homes to 3 Berkeley Court?
There are currently no comparable homes to 3 Berkeley Court.
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