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Lawrence 01841 Prospect Hill - Back Bay
35 Rollins
$365,000
● House - Off Market

35 Rollins

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,674 Ft²
$494,511
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Wonderful property offers 4 generous bedrooms, 2 full bathrooms, updated kitchen with granite counters and island not to mention close to the Methuen line. Deck overlooking good size yard with plenty of parking for those summer events. Finished basement for additional  living area, 3 zone heating system and much more. First showing at Open House 4/19/21 12-2pm. Please wear masks and practice social distancing.
Unit Size
1,674 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$209
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1910

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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: 4 months ago (MLSPIN #72644685)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Apr 16, 2020 Listed by The Guselli Agency, Inc. $349,900
Listed by The Guselli Agency, Inc.
Nov 20, 2017 Sold
Premium
Sold
Jul 14, 2017 Listed by The Guselli Agency, Inc. $209,900
Listed by The Guselli Agency, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 5,000
  • Total Building Area: 1,674
  • Gross Building Area: 2,939
  • Building Area: 1,674
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,674
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 53 0000 0038 A
  • Parcel: LAWR M:0053 B:0000 L:0038
  • Lot: 38
  • Municipality: LAWRENCE
  • Latitude: 42.7195
  • Longitude: -71.1451

    Address

  • Full Address: 35 Rollins St
  • Address - House Number: 35
  • Address - Street Name: Rollins
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1410
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $393,600

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 510,959
  • High Value: 605,018
  • Low Value: 416,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $425,500
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $307,900

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12739
  • Previous Sale Recording Date: Nov 20, 2017
  • Previous Sale Amount: $210,000
  • 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:

$552,000

Sale Price/ft²

$325

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1324 ft²

Average Home Age

81.9 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: 4 months ago
Data Source: MLS PIN, MLS# 72644685

Frequently Asked Questions

When was property at 35 Rollins Street built and last sold?
The property at 35 Rollins Street was built in 1910 and last sold on May 29, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 35 Rollins Street is $355,995.
What are some comparable homes to 35 Rollins Street?
There are currently no comparable homes to 35 Rollins Street.
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