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Lawrence 01841 Prospect Hill - Back Bay
63 King St
$233,000
● House - Off Market

63 King St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,160 Ft²
$388,126
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Excellent location, Methuen border line. Close to route 495, shopping area & much more. Property in move in condition w/ many updates through out! Ideal for 1st time buyer, featuring 3 bedroom, 1 1/2 bath, spacious kitchen and dining room. Must see to appreciate! Seller motivated!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$198
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1890

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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 #72035646)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Coco, Early & Associates $365,000
Listed by Coco, Early & Associates
Sep 13, 2016 Sold
Premium
Sold
Jul 10, 2016 Listed by Coco, Early & Associates $229,900
Listed by Coco, Early & Associates
Dec 31, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • 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: 2,345
  • Total Building Area: 1,160
  • Gross Building Area: 1,860
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: APB KING
  • Land Acres: 0000000054
  • 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: 250600

Geography

  • Account Number: 92 0000 0050 A
  • Parcel: LAWR M:0092 B:0000 L:0050
  • Lot: 50
  • Municipality: LAWRENCE
  • Latitude: 42.7218
  • Longitude: -71.1534

    Address

  • Full Address: 63 King St
  • Address - House Number: 63
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C026
  • 4-Digit Zip Code: 1333
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $304,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 400,862
  • High Value: 503,321
  • Low Value: 298,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $329,600
  • Assessed Land Value: $96,300
  • Assessed Improvements Value: $233,300

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38869
  • Previous Sale Recording Date: Sep 13, 2016
  • Previous Sale Amount: $233,000
  • 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:

$556,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

49

Average Home Size

954 ft²

Average Home Age

64.1 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# 72035646

Frequently Asked Questions

When was property at 63 King Street built and last sold?
The property at 63 King Street was built in 1890 and last sold on Nov 29, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 63 King Street is $356,296.
What are some comparable homes to 63 King Street?
There are currently no comparable homes to 63 King Street.
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