247 Prospect St
Lawrence, MA 01841
9 bd 3 ba 3,000 sqft Built 1910 Lot 7,440 sqft multi_family
Most recent sale
$750,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $750,000 | MLS #73002601 |
| Jun 23, 2022 | Listed | $749,900 | MLS #73002601 |
| Jan 1, 2008 | Listing removed | $289,900 | MLSPIN |
| May 12, 2006 | Listed | $289,900 | MLS #70386515 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $584,600 | $127,300 | $711,900 | $6,265 |
| 2024 | $540,700 | $133,800 | $674,500 | $6,239 |
| 2023 | $403,200 | $129,200 | $532,400 | $5,409 |
| 2022 | $331,300 | $121,800 | $453,100 | $5,183 |
| 2021 | $283,600 | $121,800 | $405,400 | $4,974 |
| 2020 | $266,400 | $101,500 | $367,900 | $4,573 |
| 2019 | $248,400 | $75,400 | $323,800 | $4,430 |
| 2018 | $213,400 | $68,200 | $281,600 | $4,033 |
Property facts
Year built
1910
Property type
multi_family
Stories
6
Beds
9
Baths
3
Living area
3,000 sqft
Lot size
7,440 sqft
ZIP code
01841
City
Lawrence
Street
Prospect St
Coordinates
42.71608, -71.15335
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,700
Gross rental yield
13.92%
Implied cap rate
9.05%
Trend-extrapolated value
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Frequently asked questions
When did 247 Prospect St last sell?
247 Prospect St most recently sold on Aug 17, 2022 for $750,000.
What is the current tax assessment for 247 Prospect St?
The most recent total assessment for 247 Prospect St (year 2025) is $711,900 with $6,265 in property tax.
How does 247 Prospect St's assessment compare to its last sale price?
The current assessment is 5.1% below the last sale price of $750,000.
When was 247 Prospect St built?
247 Prospect St was built in 1910.
How does 247 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 247 Prospect St?
247 Prospect St is a 9 bed, 3 bath, 3,000 sqft, 7,440 sqft lot multi_family.
Is 247 Prospect St a flip candidate?
No — 247 Prospect St does not appear in our flips dataset.
Is 247 Prospect St a tax-appeal candidate?
No — 247 Prospect St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q2
$731.3K
2026 Q3
$751.3K
ZIP 01841 — Median Price History + Forecast
Explore nearby
Geography
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