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Lawrence 01843 Mount Vernon
20 Adams St
$500,000
● House - Off Market

20 Adams St

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$455,175
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Fantastic opportunity in the desirable MOUNT VERNON neighborhood! This 4 bedroom/2 bathroom home with GARAGE features: an INGROUND SWIMMING POOL, mini split AC (as well as Heater & Dehumidifier), TWO UPDATED BATHROOMS, a LARGE front to back PRIMARY bedroom, an oversized DECK area, NEWER retaining wall, fenced in yard, VINYL siding and potential to finish the BASEMENT area. Flexible floor plan with a FIRST FLOOR bedroom and bathroom! Make your appointment today!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$267
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1970

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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 #73028261)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Aug 23, 2022 Listed by William Raveis R.E. & Home Services $435,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 6,250
  • Total Building Area: 1,632
  • Gross Building Area: 2,812
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 178 0000 0017 A
  • Parcel: LAWR M:0178 B:0000 L:0017
  • Lot: 17
  • Municipality: LAWRENCE
  • Latitude: 42.6842
  • Longitude: -71.1743

    Address

  • Full Address: 20 Adams St
  • Address - House Number: 20
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 1924
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $383,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 537,760
  • High Value: 635,411
  • Low Value: 440,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,400
  • Assessed Land Value: $136,300
  • Assessed Improvements Value: $278,100

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24573
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73028261

Frequently Asked Questions

When was property at 20 Adams Street built and last sold?
The property at 20 Adams Street was built in 1970 and last sold on Oct 20, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 20 Adams Street is $456,206.
What are some comparable homes to 20 Adams Street?
There are currently no comparable homes to 20 Adams Street.
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