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Lawrence 01841 Prospect Hill - Back Bay
46 Linehan St
$450,000
● House - Off Market

46 Linehan St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$423,319
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Situated on a nice level yard in the much sought after Prospect Hill area is this lovely well-maintained Ranch. Features include an eat-in kitchen w/lots of cabinets and counterspace and refrigerator will stay. Awesome family room w/new walls & windows, bright and sunny living room w/picture window, ceramic tile full bath and three spacious bedrooms with ample closets space. Enjoy your morning coffee and sip your evening drink on the massive deck overlooking the gorgeous landscaped back yard great for barbeque and summertime enjoyment. Updates include new roof & vinyl siding, new exterior lighting, new garage door and new oil tank. Great location close to 495 with easy access to Boston.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$345
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1960

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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 #73156936)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Sep 17, 2023 In contract -
In contract
Sep 7, 2023 Listed by Bond Realty, Inc. $424,900
Listed by Bond Realty, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • 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: 11,500
  • Total Building Area: 1,092
  • Gross Building Area: 2,612
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: 72 0000 0029 A
  • Parcel: LAWR M:0072 B:0000 L:0029
  • Lot: 29
  • Municipality: LAWRENCE
  • Latitude: 42.72
  • Longitude: -71.1487

    Address

  • Full Address: 46 Linehan St
  • Address - House Number: 46
  • Address - Street Name: Linehan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C026
  • 4-Digit Zip Code: 1312
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $321,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 448,064
  • High Value: 562,588
  • Low Value: 333,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $347,400
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $190,600

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17076
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:

$560,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

47

Average Home Size

974 ft²

Average Home Age

70.9 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: 5 months ago
Data Source: MLS PIN, MLS# 73156936

Frequently Asked Questions

When was property at 46 Linehan Street built and last sold?
The property at 46 Linehan Street was built in 1960 and last sold on Oct 16, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 46 Linehan Street is $427,683.
What are some comparable homes to 46 Linehan Street?
There are currently no comparable homes to 46 Linehan Street.
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