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Lawrence 01841 Prospect Hill - Back Bay
50 Ferry St
$124,000
● House - Off Market

50 Ferry St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,276 Ft²
$264,754
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Attention all Investors, don't miss out on this 6 room, 3 bedrm, large Colonial conveniently located near the highway for easy access, yard, parking, large bedrooms, and nice woodwork,needs TLC.  Call today to schedule your personal appointment.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$110
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1914

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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 #70731620)

Price History

Date / Event Date Event Price
Aug 1, 2008 Sold
Premium
Sold
Mar 24, 2008 Listed by RE/MAX Prestige $140,000
Listed by RE/MAX Prestige

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • 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: 15
  • 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: 3,457
  • Total Building Area: 1,276
  • Gross Building Area: 2,563
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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: 51 0000 0068 A
  • Parcel: LAWR M:0051 B:0000 L:0068
  • Lot: 68
  • Municipality: LAWRENCE
  • Latitude: 42.7142
  • Longitude: -71.1432

    Address

  • Full Address: 50 Ferry St
  • Address - House Number: 50
  • Address - Street Name: Ferry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2208
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $309,000

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 419,161
  • High Value: 485,369
  • Low Value: 352,953

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $334,000
  • Assessed Land Value: $106,700
  • Assessed Improvements Value: $227,300

    Sales

  • Current Sale Recording Date: Aug 01, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20512
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:

$550,950

Sale Price/ft²

$323

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1667 ft²

Average Home Age

84.7 years

Currently For Sale

6 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# 70731620

Frequently Asked Questions

When was property at 50 Ferry Street built and last sold?
The property at 50 Ferry Street was built in 1914 and last sold on Jan 1, 1970 for $124,000.
How much is this home worth?
The estimated value of the home located at 50 Ferry Street is $140,157.
What are some comparable homes to 50 Ferry Street?
There are currently no comparable homes to 50 Ferry Street.
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