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Lawrence 01843 Mount Vernon
14 Thomas Rd
$561,000
● House - Off Market

14 Thomas Rd

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$500,738
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Mt Vernon perfection!!!  Here is a beautifully maintained ranch, offering a gorgeous remodeled kitchen, all hardwood floors, 2 fireplaces, and a bonus family room off of the back of the home!! The lower level is finished off with 2 big rooms, perfect for that extra family space, or game room.   An oversized deck overlooks a large fenced in yard, with ample room for family fun, and the pets!  This location is just so prime, set in the middle of a quiet, friendly neighborhood, yet close to the Andover line, ball fields, and both Rt 495 and Rt 93!  Seller prefers occupy until July 7.  Offers will be reviewed Monday @ 6:00 pm.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$401
Property Type
House
Property Taxes
$373
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 #73097849)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Apr 19, 2023 In contract -
In contract
Apr 12, 2023 Listed by Century 21 McLennan & Company $499,900
Listed by Century 21 McLennan & Company
Mar 27, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 9,495
  • Total Building Area: 1,248
  • Gross Building Area: 2,656
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 154 0000 0055 A
  • Parcel: LAWR M:0154 B:0000 L:0055
  • Lot: 55
  • Municipality: LAWRENCE
  • Latitude: 42.6803
  • Longitude: -71.1702

    Address

  • Full Address: 14 Thomas Rd
  • Address - House Number: 14
  • 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: $429,200

    Appraisal Valuation

  • Standard Deviation: 0.1836
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 558,031
  • High Value: 660,489
  • Low Value: 455,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $464,000
  • Assessed Land Value: $159,600
  • Assessed Improvements Value: $304,400

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10362
  • Previous Sale Recording Date: Jan 27, 2014
  • 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# 73097849

Frequently Asked Questions

When was property at 14 Thomas Road built and last sold?
The property at 14 Thomas Road was built in 1970 and last sold on Jun 30, 2023 for $561,000.
How much is this home worth?
The estimated value of the home located at 14 Thomas Road is $513,687.
What are some comparable homes to 14 Thomas Road?
There are currently no comparable homes to 14 Thomas Road.
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