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Lawrence 01843 Mount Vernon
19 Ridgewood Cir.
$590,000
● House - Off Market

19 Ridgewood Cir.

Lawrence, MA 01843
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,184 Ft²
$597,668
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This house offers plenty of space, with a total of 5 bedrooms: 3 on the second floor and 2 on the first, 2 full bathrooms, and one-half bathroom, providing comfort for residents; A spacious kitchen with granite countertops, The finished basement serves as a comfortable playroom, which can be ideal for recreational activities or as additional living space. The property has 4 off-street parking and plenty yard with an above-ground pool offering outdoor entertainment.  Convenient Location; This property is located in a quiet neighborhood at the Lawrence- Andover line just minutes away from major highways, including Route 93 and 495. This can be a significant advantage for commuters or anyone who needs quiet access to transportation routes.
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$275
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #73161872)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Oct 1, 2023 In contract -
In contract
Sep 21, 2023 Listed by Realty ONE Group Nest $599,900
Listed by Realty ONE Group Nest
Sep 20, 2019 Sold
Premium
Sold
Jul 16, 2019 Listed by Realty ONE Group Nest $399,900
Listed by Realty ONE Group Nest
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 8,500
  • Total Building Area: 2,184
  • Gross Building Area: 3,640
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD CIRCLE PLAN LAND
  • 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 0005 A
  • Parcel: LAWR M:0196 B:0000 L:0005
  • Lot: 5
  • Municipality: LAWRENCE
  • Latitude: 42.6775
  • Longitude: -71.1812

    Address

  • Full Address: 19 Ridgewood Cir
  • Address - House Number: 19
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 3008
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $455,400
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 633,525
  • High Value: 748,553
  • Low Value: 518,496

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,300
  • Assessed Land Value: $152,600
  • Assessed Improvements Value: $339,700

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17986
  • Previous Sale Recording Date: Sep 20, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

55

Average Home Size

1384 ft²

Average Home Age

56.6 years

Currently For Sale

7 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73161872

Frequently Asked Questions

When was property at 19 Ridgewood Circle built and last sold?
The property at 19 Ridgewood Circle was built in 1960 and last sold on Oct 30, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 19 Ridgewood Circle is $595,971.
What are some comparable homes to 19 Ridgewood Circle?
There are currently no comparable homes to 19 Ridgewood Circle.
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