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Lawrence 01841 Prospect Hill - Back Bay
30 Midland St
$422,000
● House - Off Market

30 Midland St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,152 Ft²
$627,956
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

NEW CONSTRUCTION in a well desired area in the Prospect Hill neighborhood! This soon to be finished single family has all the space and modern features that a home owner would look for in today's market. Features include: 3 generously sized bedrooms and open concept living space in kitchen and living room. Master bathroom features a walk-in closet. Beautiful Hardwood floors throughout! Finished basement with walk out! Perfect for a growing family. Beautiful kitchen with ample space featuring stainless steel appliances. Paved driveway and garage space offers plenty of parking to fit 5 vehicles. This property has plenty of yard space and includes a very large porch area perfect for family time or entertainment for friends & family. Close to major highways, schools & shopping area.  -- >>OPEN HOUSE THIS SUNDAY 1-3PM
Unit Size
2,152 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #72574731)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Home Shop Properties, Inc. $429,000
Listed by Home Shop Properties, Inc.
Aug 27, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 4,800
  • Total Building Area: 2,190
  • Gross Building Area: 3,768
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 51 0000 53 1A
  • Parcel: LAWR M:0051 B:0000 L:0053 1
  • Lot: 53 1
  • Municipality: LAWRENCE
  • Latitude: 42.715
  • Longitude: -71.1423

    Address

  • Full Address: 30 Midland St
  • Address - House Number: 30
  • Address - Street Name: Midland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2215
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $473,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 657,801
  • High Value: 761,704
  • Low Value: 553,899

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,000
  • Assessed Land Value: $118,300
  • Assessed Improvements Value: $393,700

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28809
  • Previous Sale Recording Date: Aug 27, 1996
  • Previous Sale Amount: $5,000
  • 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:

$556,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

49

Average Home Size

954 ft²

Average Home Age

64.1 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72574731

Frequently Asked Questions

When was property at 30 Midland Street built and last sold?
The property at 30 Midland Street was built in 2019 and last sold on Nov 14, 2019 for $422,000.
How much is this home worth?
The estimated value of the home located at 30 Midland Street is $441,751.
What are some comparable homes to 30 Midland Street?
There are currently no comparable homes to 30 Midland Street.
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