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Lawrence 01843 Mount Vernon
151 Mount Vernon Street
Photo of 151 Mount Vernon Street
Sold on Aug 16, 2010

1

Map

$223,000
● House - Off Market

151 Mount Vernon Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,480 Ft²
$515,384
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

Don't miss this adorable custom ranch on corner lot in highly sought Mount Vernon area. Spacious cabinet packed eat-in kitchen with breakfast bar. Generous bedrooms. Loads of closet space. Hardwood floors. Heated sunroom overlooking fenced yard with newly seeded lawn. Replacement windows. Updated electric and boiler. Built in A/C units. Cedar closets. Pull down attic and LL with huge shower that can both be finished for extra space. 1 car garage and parking for 6+ cars.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1955

Payment Calculator

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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: 2 years ago (MLSPIN #71100016)

Price History

Date / Event Date Event Price
Aug 16, 2010 Sold
Premium
Sold
Jun 23, 2010 Listed $239,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 10,851
  • Total Building Area: 1,512
  • Gross Building Area: 3,533
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MT VERNON PARK
  • Land Acres: 0000000249
  • 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: 114 0000 0010 A
  • Parcel: LAWR M:0114 B:0000 L:0010
  • Lot: 10
  • Municipality: LAWRENCE
  • Latitude: 42.6829
  • Longitude: -71.1629

    Address

  • Full Address: 151 Mount Vernon St
  • Address - House Number: 151
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3400
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $428,300

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 560,404
  • High Value: 665,328
  • Low Value: 455,481

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,000
  • Assessed Land Value: $165,500
  • Assessed Improvements Value: $297,500

    Sales

  • Current Sale Recording Date: Aug 16, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20869
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

$366

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1279 ft²

Average Home Age

69 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

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: 2 years ago
Data Source: MLS PIN, MLS# 71100016

Frequently Asked Questions

When was property at 151 Mt Vernon Street built and last sold?
The property at 151 Mt Vernon Street was built in 1955 and last sold on Jan 1, 1970 for $223,000.
How much is this home worth?
The estimated value of the home located at 151 Mt Vernon Street is $0.
What are some comparable homes to 151 Mt Vernon Street?
There are currently no comparable homes to 151 Mt Vernon Street.
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