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Lawrence 01843 Mount Vernon
18 Lot A Lincoln Street
$380,000
● Land - Off Market

18 Lot A Lincoln Street

Andover, MA 01843
bedrooms
Studio
bathrooms
0 Bath
$836,162
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

In town location within walking distance to public transportation and schools.  Level cleared lot with public utilities. Easy access to Routes 93 and 495. Perfect opportunity to build your dream home.
Unit Size
-
Days on Market
-
Land Size
0.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1971

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: 5 months ago (MLSPIN #70946235)

Price History

Date / Event Date Event Price
Sep 18, 2009 Sold
Premium
Sold
Jul 12, 2009 Listed by Cormier Properties $399,900
Listed by Cormier Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 13,596
  • Total Building Area: 1,574
  • Gross Building Area: 2,952
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • 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: 116 0000 0065 A
  • Parcel: LAWR M:0116 B:0000 L:0065
  • Lot: 65
  • Municipality: LAWRENCE
  • Latitude: 42.6855
  • Longitude: -71.1624

    Address

  • Full Address: 18 Leeds Ter
  • Address - House Number: 18
  • Address - Street Name: Leeds
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3402
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 618,555
  • High Value: 716,259
  • Low Value: 520,852

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,800
  • Assessed Land Value: $166,900
  • Assessed Improvements Value: $359,900
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

$364

Below Asking

0.01%

Average Days on Market

59

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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70946235

Frequently Asked Questions

When was property at 18 Leeds Terrace built and last sold?
The property at 18 Leeds Terrace was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18 Leeds Terrace is $403,899.
What are some comparable homes to 18 Leeds Terrace?
There are currently no comparable homes to 18 Leeds Terrace.
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