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Lawrence 01843 Mount Vernon
1 Oakland Rd
$224,500
● House - Off Market

1 Oakland Rd

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,388 Ft²
$437,588
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Great Garrison with  recent updates include Roof, vinyl siding and windows, Offers eat in Kitchen, formal dining, spacious fireplaced livingroom,  small family room, 1/1/2 baths,  Wood floors and situated on a beautiful level corner lot!   nice house  in a wonderful location very convenient to Rte 93.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$162
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1960

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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 #71543961)

Price History

Date / Event Date Event Price
Aug 30, 2013 Sold
Premium
Sold
Jun 19, 2013 Listed by Century 21 McLennan & Company $224,900
Listed by Century 21 McLennan & Company
Jan 31, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,676
  • Total Building Area: 1,388
  • Gross Building Area: 2,176
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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: 251800

Geography

  • Account Number: 215 0000 0004 A
  • Parcel: LAWR M:0215 B:0000 L:0004
  • Lot: 4
  • Municipality: LAWRENCE
  • Latitude: 42.6762
  • Longitude: -71.1854

    Address

  • Full Address: 1 Oakland Rd
  • Address - House Number: 1
  • Address - Street Name: Oakland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 1915
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $382,400

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 515,757
  • High Value: 606,767
  • Low Value: 424,748

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $413,400
  • Assessed Land Value: $132,100
  • Assessed Improvements Value: $281,300

    Sales

  • Current Sale Recording Date: Aug 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Jan 31, 1996
  • Previous Sale Amount: $106,000
  • 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 Mount Vernon

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1338 ft²

Average Home Age

77.8 years

Currently For Sale

6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71543961

Frequently Asked Questions

When was property at 1 Oakland Road built and last sold?
The property at 1 Oakland Road was built in 1960 and last sold on Jan 1, 1970 for $224,500.
How much is this home worth?
The estimated value of the home located at 1 Oakland Road is $247,912.
What are some comparable homes to 1 Oakland Road?
There are currently no comparable homes to 1 Oakland Road.
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