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Lawrence 01841 Prospect Hill - Back Bay
8 Linehan St.
$291,000
● House - Off Market

8 Linehan St.

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,353 Ft²
$422,135
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

CHARM, LOCATION, QUALITY. Well kept, beloved, light filled split ranch has never been on the market! Gleaming hardwood floors throughout, updated light fixtures, tastefully painted walls and a bonus partially finished basement!  Access to general amenities such as medical facility, shopping as well as easy access to 495, 93, 213 and the commuter rail. Welcome home!  SHOWING STARTS AT OPEN HOUSE SATURDAY 6/2, from 11-1pm.
Unit Size
1,353 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1967

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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: 4 months ago (MLSPIN #72336411)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
May 29, 2018 Listed by eXp Realty $279,000
Listed by eXp Realty
Sep 26, 1967 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 19
  • 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: 6,794
  • Total Building Area: 1,040
  • Gross Building Area: 2,384
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 72 0000 0033 A
  • Parcel: LAWR M:0072 B:0000 L:0033
  • Lot: 33
  • Municipality: LAWRENCE
  • Latitude: 42.7195
  • Longitude: -71.1494

    Address

  • Full Address: 8 Linehan St
  • Address - House Number: 8
  • 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: $354,100

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 475,321
  • High Value: 566,055
  • Low Value: 384,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $382,800
  • Assessed Land Value: $132,200
  • Assessed Improvements Value: $250,600

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 17366
  • Previous Sale Recording Date: Sep 26, 1967
  • Previous Sale Amount: $20,500
  • 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72336411

Frequently Asked Questions

When was property at 8 Linehan Street built and last sold?
The property at 8 Linehan Street was built in 1967 and last sold on Jan 1, 1970 for $291,000.
How much is this home worth?
The estimated value of the home located at 8 Linehan Street is $295,409.
What are some comparable homes to 8 Linehan Street?
There are currently no comparable homes to 8 Linehan Street.
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