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Lawrence 01843 Mount Vernon
18 Ridgewood Cir
$274,900
● House - Off Market

18 Ridgewood Cir

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$438,370
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Great opportunity for first time buyers and those looking to down size! 2-3 bedroom, 1.5 bath, well cared for ranch on quiet side street on Andover line. A terrifc family-friendly neighborhood. Move in ready! Walk thru the heated mudroom/office and the into updated eat-in-kitchen with granite counters and modern cabinets, leads into bright and sunny living room with newer laminate flooring. Master bedroom with a walk in closet. Finished basement has a large sitting area, half bath and laundry room and a side room for a workshop or office.  One car attached garage with an additional 4 spots for off street parking. Central Air throughout. Great fenced in yard, perfect for entertaining or simply sitting back and enjoying the day! Don't miss out!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$186
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1958

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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 months ago (MLSPIN #72192859)

Price History

Date / Event Date Event Price
Aug 23, 2017 Sold
Premium
Sold
Jul 5, 2017 Listed by Century 21 North Shore $274,900
Listed by Century 21 North Shore
May 5, 2010 Sold
Premium
Sold
Mar 16, 2010 Listed by Century 21 North Shore $229,900
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 8,500
  • Total Building Area: 1,080
  • Gross Building Area: 3,678
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD CIRCLE PLAN LAWRENCE
  • Land Acres: 0000000195
  • 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: 196 0000 0055 A
  • Parcel: LAWR M:0196 B:0000 L:0055
  • Lot: 55
  • Municipality: LAWRENCE
  • Latitude: 42.6767
  • Longitude: -71.1814

    Address

  • Full Address: 18 Ridgewood Cir
  • Address - House Number: 18
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 3009
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,500

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 495,693
  • High Value: 588,501
  • Low Value: 402,885

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,900
  • Assessed Land Value: $152,600
  • Assessed Improvements Value: $253,300

    Sales

  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21683
  • Previous Sale Recording Date: May 05, 2010
  • Previous Sale Amount: $223,500
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72192859

Frequently Asked Questions

When was property at 18 Ridgewood Circle built and last sold?
The property at 18 Ridgewood Circle was built in 1958 and last sold on Jan 1, 1970 for $274,900.
How much is this home worth?
The estimated value of the home located at 18 Ridgewood Circle is $299,421.
What are some comparable homes to 18 Ridgewood Circle?
There are currently no comparable homes to 18 Ridgewood Circle.
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