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Lawrence 01841 Prospect Hill - Back Bay
47 Storrow
$154,000
● House - Off Market

47 Storrow

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,410 Ft²
$323,321
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Not a short sale and not bank-owned. Completely Updated and Renovated.  Vinyl siding, new roof, windows, exterior doors, porch and driveway.  Inside has 3 large bedrooms, with 2 1/2 updated baths.  Master bedroom with walk-in closet and master bathroom.  New boiler, hot water heater, and updated electrical.  New carpet, tile,  hardwood and paint.
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$106
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71370848)

Price History

Date / Event Date Event Price
May 25, 2012 Sold
Premium
Sold
Apr 21, 2012 Listed by RE/MAX Partners $149,000
Listed by RE/MAX Partners
Feb 12, 2010 Sold
Premium
Sold
Apr 30, 2004 Sold
Premium
Sold
Feb 17, 2004 Listed by Exit Advantage Realty $199,900
Listed by Exit Advantage Realty
WONDERFUL COLONIAL HOME LOCATED IN QUIET NEGHBORHOOD IN PROSPECT HILL SECTION. MOVE IN CONDITION. MINUTES FROM 495. FEATURING NEW VINYL SIDING AND SHUTTERS, FRESH WEST COAST STYLE WALLS, NEW CARPET, TILED KIT & BATH,

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 4,100
  • Total Building Area: 1,410
  • Gross Building Area: 2,262
  • Building Area: 1,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • 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: 48 0000 0009 A
  • Parcel: LAWR M:0048 B:0000 L:0009
  • Lot: 9
  • Municipality: LAWRENCE
  • Latitude: 42.7085
  • Longitude: -71.1449

    Address

  • Full Address: 47 Storrow St
  • Address - House Number: 47
  • Address - Street Name: Storrow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C019
  • 4-Digit Zip Code: 2336
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $292,400

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 435,353
  • High Value: 518,569
  • Low Value: 352,137

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $316,100
  • Assessed Land Value: $112,300
  • Assessed Improvements Value: $203,800

    Sales

  • Current Sale Recording Date: May 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Feb 12, 2010
  • Previous Sale Amount: $105,000
  • 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:

$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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71370848

Frequently Asked Questions

When was property at 47 Storrow Terrace built and last sold?
The property at 47 Storrow Terrace was built in 1900 and last sold on Jan 1, 1970 for $154,000.
How much is this home worth?
The estimated value of the home located at 47 Storrow Terrace is $164,053.
What are some comparable homes to 47 Storrow Terrace?
There are currently no comparable homes to 47 Storrow Terrace.
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