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Lawrence 01841 Prospect Hill - Back Bay
4 Norris Street
$210,000
● House - Off Market

4 Norris Street

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$363,667
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Well maintained 5 room, 3 bedrooms, 1 full bath ranch situated on fenced-in 8000 sq.ft. lot. and minutes to the Parthum School. This home has been freshly painted inside and out | Hardwood floors have been refinished | Great floor plan includes oversized living room with fireplace leading to a bright recently remodeled eat-in kitchen | remodeled bathroom |  Natural Gas heat and hot water | The fenced-in backyard is your dogs paradise and is also built for entertaining, includes a deck & 21' round above ground pool and plenty of space. Great for an evening dip after a hot day. Minutes from shopping and highway access. This home is ready to be moved into and enjoyed.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$190
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1960

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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 #71870807)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 22, 2020 Listed by Keller Williams Realty $319,000
Listed by Keller Williams Realty
Aug 25, 2015 Sold
Premium
Sold
Jul 9, 2015 Listed by Keller Williams Realty $204,900
Listed by Keller Williams Realty
Jun 21, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 8,004
  • Total Building Area: 1,080
  • Gross Building Area: 2,354
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWRENCE
  • Land Acres: 0000000184
  • 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 0020 A
  • Parcel: LAWR M:0034 B:0000 L:0020
  • Lot: 20
  • Municipality: LAWRENCE
  • Latitude: 42.721
  • Longitude: -71.1417

    Address

  • Full Address: 4 Norris St
  • Address - House Number: 4
  • Address - Street Name: Norris
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1512
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $362,500

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 458,526
  • High Value: 545,601
  • Low Value: 371,451

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,900
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $254,400

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33004
  • Previous Sale Recording Date: Aug 25, 2015
  • 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

$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 months ago
Data Source: MLS PIN, MLS# 71870807

Frequently Asked Questions

When was property at 4 Norris Street built and last sold?
The property at 4 Norris Street was built in 1960 and last sold on Oct 28, 2020 for $340,000.
How much is this home worth?
The estimated value of the home located at 4 Norris Street is $324,143.
What are some comparable homes to 4 Norris Street?
There are currently no comparable homes to 4 Norris Street.
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