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Lawrence 01841 Prospect Hill - Back Bay
65 Wesley St
$332,000
● House - Off Market

65 Wesley St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
972 Ft²
$467,884
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Great opportunity to own this comfortable home. Located in the heart of the historic Prospect Hill District. Close to Major Highways (495 & 93)  and Routes (Rte 28, Rte 110 & Rte 125). This home features newer roof, updated open concept kitchen with granite counters, hardwood floors through out , solar panels and many more amenities. A full basement with endless opportunities, Good size fenced in backyard and outdoor space great for entertaining. Motivated seller!!
Unit Size
972 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$360
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #72690574)

Price History

Date / Event Date Event Price
Oct 16, 2020 Sold
Premium
Sold
Jul 13, 2020 Listed by Coco,Early & Associates Star Division LLC $349,900
Listed by Coco,Early & Associates Star Division LLC
Sep 30, 2010 Sold
Premium
Sold
Jul 1, 2010 Listed by Coco,Early & Associates Star Division LLC $219,900
Listed by Coco,Early & Associates Star Division LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 19
  • 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: 6,790
  • Total Building Area: 972
  • Gross Building Area: 2,241
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PASQUALE FRANCOSIA
  • Land Acres: 0000000156
  • 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: 73 0000 0063 A
  • Parcel: LAWR M:0073 B:0000 L:0063
  • Lot: 63
  • Municipality: LAWRENCE
  • Latitude: 42.7204
  • Longitude: -71.1476

    Address

  • Full Address: 65 Wesley St
  • Address - House Number: 65
  • Address - Street Name: Wesley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1339
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $334,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 451,232
  • High Value: 536,922
  • Low Value: 365,542

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,900
  • Assessed Land Value: $132,100
  • Assessed Improvements Value: $229,800

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28315
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Amount: $210,000
  • 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:

$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# 72690574

Frequently Asked Questions

When was property at 65 Wesley Street built and last sold?
The property at 65 Wesley Street was built in 1959 and last sold on Oct 16, 2020 for $332,000.
How much is this home worth?
The estimated value of the home located at 65 Wesley Street is $348,852.
What are some comparable homes to 65 Wesley Street?
There are currently no comparable homes to 65 Wesley Street.
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