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Lawrence 01843 Mount Vernon
10 Thomas Road
$214,000
● House - Off Market

10 Thomas Road

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$412,264
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Clean as a whistle gem and much bigger than it looks, this tidy ranch style home with a beautiful fenced in backyard is located in a well kept Mt. Vernon neighborhood near the Andover line and features hardwood floors, spacious rooms, a finished walkout lower level and all town services. A large kitchen with peninsula and plenty of storage space make this home a must see! If you are looking for a super location and a great value you have found it here. Come see it today!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$208
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1968

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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: 5 months ago (MLSPIN #70754653)

Price History

Date / Event Date Event Price
Jun 20, 2008 Sold
Premium
Sold
Apr 17, 2008 Listed by Prudential Howe & Doherty $219,900
Listed by Prudential Howe & Doherty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 12,514
  • Total Building Area: 1,056
  • Gross Building Area: 2,232
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 155 0000 0049 A
  • Parcel: LAWR M:0155 B:0000 L:0049
  • Lot: 49
  • Municipality: LAWRENCE
  • Latitude: 42.6808
  • Longitude: -71.1704

    Address

  • Full Address: 10 Thomas Rd
  • Address - House Number: 10
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3227
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $397,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 481,206
  • High Value: 567,913
  • Low Value: 394,499

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,100
  • Assessed Land Value: $166,600
  • Assessed Improvements Value: $263,500

    Sales

  • Current Sale Recording Date: Jun 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16297
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:

$549,950

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1175 ft²

Average Home Age

75.4 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 70754653

Frequently Asked Questions

When was property at 10 Thomas Road built and last sold?
The property at 10 Thomas Road was built in 1968 and last sold on Jan 1, 1970 for $214,000.
How much is this home worth?
The estimated value of the home located at 10 Thomas Road is $237,451.
What are some comparable homes to 10 Thomas Road?
There are currently no comparable homes to 10 Thomas Road.
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