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Lawrence 01843 Mount Vernon
16 Lisa Lane
$229,900
● House - Off Market

16 Lisa Lane

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,100 Ft²
$536,088
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

DESIRABLE 4 BEDROOM RANCH ON ANDOVER LINE,VINYL SIDED,HW FLOORS,CERM KITC & BATH. COMPLETELY FINISHED LOWER LEVEL W/KITCHEN,3/4 BATH,BEDROOM & LG FAMILY ROOM. GREAT CONDITION!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$209
Property Type
House
Property Taxes
$167
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 years ago (MLSPIN #30711593)

Price History

Date / Event Date Event Price
May 30, 2003 Sold
Premium
Sold
Apr 21, 2003 Listed by Gillette Realty $229,900
Listed by Gillette Realty
May 16, 1991 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7,962
  • Total Building Area: 1,056
  • Gross Building Area: 2,267
  • 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: 0000000183
  • 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 0073 A
  • Parcel: LAWR M:0154 B:0000 L:0073
  • Lot: 73
  • Municipality: LAWRENCE
  • Latitude: 42.6786
  • Longitude: -71.1702

    Address

  • Full Address: 16 Lisa Ln
  • Address - House Number: 16
  • Address - Street Name: Lisa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3215
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 517,191
  • High Value: 614,023
  • Low Value: 420,358

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,400
  • Assessed Land Value: $148,700
  • Assessed Improvements Value: $284,700

    Sales

  • Current Sale Recording Date: May 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31210
  • Previous Sale Recording Date: May 16, 1991
  • Previous Sale Amount: $113,000
  • 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

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 years ago
Data Source: MLS PIN, MLS# 30711593

Frequently Asked Questions

When was property at 16 Lisa Lane built and last sold?
The property at 16 Lisa Lane was built in 1970 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 16 Lisa Lane is $0.
What are some comparable homes to 16 Lisa Lane?
There are currently no comparable homes to 16 Lisa Lane.
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