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Lawrence 01843 Mount Vernon
10 Pembroke Drive
$549,900
● House - Off Market

10 Pembroke Drive

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,195 Ft²
$562,594
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome home to this lovely 3 BR/2 BA raised ranch in the desirable Mt Vernon neighborhood of South Lawrence.  Many upgrades include new hardwood floors and crown molding throughout, central air conditioning, a modern heat exchanger heating system, heated garage, new vinyl fencing and an outdoor tool shed.  The bonus room on the lower level makes a great family entertainment room which walks out to the peaceful, private backyard.  This home provides plenty of room for entertaining family and friends with the open floor plan, outdoor deck, lower level patio and fenced in backyard for your pets.  Excellent location, close to shopping, schools, dining, and Route 93.  This home is just waiting for its new owners!
Unit Size
2,195 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$251
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1970

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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 #72995022)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Homesmart Success Realty $549,900
Listed by Homesmart Success Realty
Dec 2, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • 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: 6,880
  • Total Building Area: 1,218
  • Gross Building Area: 2,620
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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: 175 0000 0012 A
  • Parcel: LAWR M:0175 B:0000 L:0012
  • Lot: 12
  • Municipality: LAWRENCE
  • Latitude: 42.6783
  • Longitude: -71.1781

    Address

  • Full Address: 10 Pembroke Dr
  • Address - House Number: 10
  • Address - Street Name: Pembroke
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 3007
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 597,374
  • High Value: 699,606
  • Low Value: 495,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,300
  • Assessed Land Value: $140,800
  • Assessed Improvements Value: $415,500

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16518
  • Previous Sale Recording Date: Oct 01, 2007
  • 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# 72995022

Frequently Asked Questions

When was property at 10 Pembroke Drive built and last sold?
The property at 10 Pembroke Drive was built in 1970 and last sold on Jul 11, 2022 for $549,900.
How much is this home worth?
The estimated value of the home located at 10 Pembroke Drive is $578,626.
What are some comparable homes to 10 Pembroke Drive?
There are currently no comparable homes to 10 Pembroke Drive.
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