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Lawrence 01843 Mount Vernon
20 Ridgewood Cir
$347,500
● House - Off Market

20 Ridgewood Cir

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,636 Ft²
$519,366
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Move-in ready home in Mt Vernon neighborhood - a commuter's dream!  Fireplaced living room and gorgeous hardwood floors throughout!  Spacious dining room with a closet, fully updated eat-in kitchen with granite counter tops and attractive cabinetry.  First floor roomy master bedroom with large open closet, full bathroom and 2nd bedroom with a closet. Upstairs are two more generous rooms/bedrooms and one with a half bathroom. There is even more living area in the finished basement, as well as storage and laundry room. Mudroom just off the kitchen. Enjoy outdoor living with a great patio and beautiful yard that is perfect for relaxing and entertaining!
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$214
Property Type
House
Property Taxes
$289
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: 4 months ago (MLSPIN #72437830)

Price History

Date / Event Date Event Price
Apr 30, 2019 Sold
Premium
Sold
Jan 7, 2019 Listed by RE/MAX Main St. Associates $350,000
Listed by RE/MAX Main St. Associates
Aug 11, 2017 Sold
Premium
Sold
May 10, 2017 Listed by RE/MAX Main St. Associates $315,000
Listed by RE/MAX Main St. Associates
Jan 2, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 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: 1,728
  • Gross Building Area: 4,108
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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 0054 A
  • Parcel: LAWR M:0196 B:0000 L:0054
  • Lot: 54
  • Municipality: LAWRENCE
  • Latitude: 42.6768
  • Longitude: -71.1811

    Address

  • Full Address: 20 Ridgewood Cir
  • Address - House Number: 20
  • 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: $439,300

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 583,455
  • High Value: 689,393
  • Low Value: 477,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $474,900
  • Assessed Land Value: $152,600
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Apr 29, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9182
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72437830

Frequently Asked Questions

When was property at 20 Ridgewood Circle built and last sold?
The property at 20 Ridgewood Circle was built in 1960 and last sold on Apr 29, 2019 for $347,500.
How much is this home worth?
The estimated value of the home located at 20 Ridgewood Circle is $365,735.
What are some comparable homes to 20 Ridgewood Circle?
There are currently no comparable homes to 20 Ridgewood Circle.
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