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Lawrence 01841 Prospect Hill - Back Bay
352 Prospect Street
$110,000
● House - Off Market

352 Prospect Street

Lawrence, MA 01841
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,065 Ft²
$233,729
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

A must see - 2 bedroom ranch with a good size yard in the Prospect Hill area.  All rooms are freshly painted, Pergo floors throughout. Off-street parking, convenient to RTE 495. Being Sold AS-IS
Unit Size
1,065 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$113
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1940

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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 months ago (MLSPIN #71594209)

Price History

Date / Event Date Event Price
Jan 2, 2014 Sold
Premium
Sold
Oct 8, 2013 Listed by Coco, Early & Associates $119,900
Listed by Coco, Early & Associates
Mar 24, 2005 Sold
Premium
Sold
Nov 23, 2004 Listed by Coco, Early & Associates $135,000
Listed by Coco, Early & Associates
Opportunity to renovate single family home with 3 rooms and 2 baths, plus potential to finish basement room. Located in Prospect Hill Historic District. Needs work. Sold "as is". Subject to LICENSE TO SELL. Off-street parking, convenient to RTE 495. Any exterior work must be approved ty Historic District Commission.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 6,683
  • Total Building Area: 1,065
  • Gross Building Area: 2,162
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 250700

Geography

  • Account Number: 111 0000 0076 A
  • Parcel: LAWR M:0111 B:0000 L:0076
  • Lot: 76
  • Municipality: LAWRENCE
  • Latitude: 42.7192
  • Longitude: -71.1555

    Address

  • Full Address: 352 Prospect St
  • Address - House Number: 352
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C026
  • 4-Digit Zip Code: 2041
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $310,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 399,965
  • High Value: 463,142
  • Low Value: 336,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $335,400
  • Assessed Land Value: $128,800
  • Assessed Improvements Value: $206,600

    Sales

  • Current Sale Recording Date: Jan 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 12, 2013
  • 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:

$552,000

Sale Price/ft²

$320

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71594209

Frequently Asked Questions

When was property at 352 Prospect Street built and last sold?
The property at 352 Prospect Street was built in 1940 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 352 Prospect Street is $130,983.
What are some comparable homes to 352 Prospect Street?
There are currently no comparable homes to 352 Prospect Street.
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