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Lawrence 01843 Mount Vernon
101 Gilbert Street
$91,000
● House - Off Market

101 Gilbert Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$341,678
RealtyHop Estimate
271.79%
Since Nov 1, 1996
National-US
Primary Model

About This Property

GREAT MT. VERNON LOCATION A FEW BLOCKS FROM ANDOVER LINE! UPDATED, OPEN, SPACIOUS COLONIAL WITH HUGE ROOMS, UPDATED KITCHEN & BATH, GARAGE, INGROUND POOL WITH NEW LINER.
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$79
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #30098199)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed $335,000
Listed
Oct 24, 1996 Sold
Premium
Sold
Apr 8, 1996 Listed $91,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 7,200
  • Total Building Area: 1,501
  • Gross Building Area: 2,560
  • Building Area: 1,501
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,501
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 94 0000 0065 A
  • Parcel: LAWR M:0094 B:0000 L:0065
  • Lot: 65
  • Municipality: LAWRENCE
  • Latitude: 42.6819
  • Longitude: -71.1582

    Address

  • Full Address: 101 Gilbert St
  • Address - House Number: 101
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3609
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $370,800

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 493,582
  • High Value: 585,995
  • Low Value: 401,170

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $400,900
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $257,800

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31175
  • Previous Sale Recording Date: Oct 24, 1996
  • Previous Sale Amount: $91,000
  • 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

55

Average Home Size

1384 ft²

Average Home Age

56.6 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30098199

Frequently Asked Questions

When was property at 101 Gilbert Street built and last sold?
The property at 101 Gilbert Street was built in 1900 and last sold on Nov 5, 2020 for $345,000.
How much is this home worth?
The estimated value of the home located at 101 Gilbert Street is $0.
What are some comparable homes to 101 Gilbert Street?
There are currently no comparable homes to 101 Gilbert Street.
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