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Lawrence 01841 Prospect Hill - Back Bay
87 Wesley St
$250,000
● House - Off Market

87 Wesley St

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,402 Ft²
$444,908
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

This bright and airy 4 bedroom, 1 1/2 bath Cape has so much to offer!  With a flexible main living layout consisting of 2 bedrooms, full bath, kitchen and living room, 2 bedrooms and one half bath on the upper level as well as additional finished basement space, this home can easily accomodate a first time buyer or growing family.  Completely renovated in 2006, your new place comes with an attached 1 car garage and a wonderfully spacious back yard, too!
Unit Size
1,402 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$178
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1963

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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 #71806618)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Mar 23, 2015 Listed by Coco, Early & Associates The Andovers $249,900
Listed by Coco, Early & Associates The Andovers
Dec 12, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7,560
  • Total Building Area: 995
  • Gross Building Area: 2,464
  • Building Area: 995
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 995
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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 0039 A
  • Parcel: LAWR M:0073 B:0000 L:0039
  • Lot: 39
  • Municipality: LAWRENCE
  • Latitude: 42.7216
  • Longitude: -71.1487

    Address

  • Full Address: 87 Wesley St
  • Address - House Number: 87
  • Address - Street Name: Wesley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C018
  • 4-Digit Zip Code: 1340
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $351,400

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 516,599
  • High Value: 609,609
  • Low Value: 423,589

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $379,900
  • Assessed Land Value: $137,400
  • Assessed Improvements Value: $242,500

    Sales

  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14537
  • Previous Sale Recording Date: Dec 12, 2006
  • Previous Sale Amount: $240,000
  • 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# 71806618

Frequently Asked Questions

When was property at 87 Wesley Street built and last sold?
The property at 87 Wesley Street was built in 1963 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 87 Wesley Street is $252,559.
What are some comparable homes to 87 Wesley Street?
There are currently no comparable homes to 87 Wesley Street.
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