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Lawrence 01841 Prospect Hill - Back Bay
97 Wesley Street
$350,000
● House - Off Market

97 Wesley Street

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,887 Ft²
$530,872
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Beautiful starter cape home in Lawrence, freshly updated, move-in ready, awaiting a new family! This home checks so many boxes- enjoy a brand new kitchen that comes with beautiful granite countertops, recessed lighting and new SS appliances. The kitchen and living room open floor plan, combined with outdoor deck access makes hosting a breeze. Bathrooms are new and tastefully tiled. Electrical and plumbing has been updated; windows changed. A full, finished lower level with 1 bedroom and an extra bonus room provides the option to host a guest or family member. Conveniently located just 1 mile from I-495 and 5 miles from I-93.  Showings start on Saturday January 26 at open house from 12:00-1:30 PM
Unit Size
1,887 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$188
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1965

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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 #72444760)

Price History

Date / Event Date Event Price
Mar 15, 2019 Sold
Premium
Sold
Jan 23, 2019 Listed by Keller Williams Realty $354,900
Listed by Keller Williams Realty
Mar 19, 2018 Sold
Premium
Sold
Feb 2, 2018 Listed by Keller Williams Realty $193,400
Listed by Keller Williams Realty
Sep 18, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 4
  • 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: 7,515
  • Total Building Area: 1,315
  • Gross Building Area: 2,613
  • Building Area: 1,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 250800

Geography

  • Account Number: 73 0000 0037 A
  • Parcel: LAWR M:0073 B:0000 L:0037
  • Lot: 37
  • Municipality: LAWRENCE
  • Latitude: 42.7219
  • Longitude: -71.1489

    Address

  • Full Address: 97 Wesley St
  • Address - House Number: 97
  • 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: $372,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 495,725
  • High Value: 583,377
  • Low Value: 408,073

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,700
  • Assessed Land Value: $137,000
  • Assessed Improvements Value: $265,700

    Sales

  • Current Sale Contract Date: Mar 06, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5491
  • Previous Sale Recording Date: Mar 19, 2018
  • Previous Sale Amount: $205,000
  • 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:

$552,000

Sale Price/ft²

$320

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1324 ft²

Average Home Age

81.9 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: 4 months ago
Data Source: MLS PIN, MLS# 72444760

Frequently Asked Questions

When was property at 97 Wesley Street built and last sold?
The property at 97 Wesley Street was built in 1965 and last sold on Mar 6, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 97 Wesley Street is $364,951.
What are some comparable homes to 97 Wesley Street?
There are currently no comparable homes to 97 Wesley Street.
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