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Lawrence 01843 Mount Vernon
21 Glenwood Dr
$280,000
● House - Off Market

21 Glenwood Dr

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$440,558
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Mount Vernon wonderful 3 bedroom 2 full bath ranch situated on private level  lot. The exterior of the Home needs updating but the potential is tremendous. Enjoy the privacy in the fenced in back yard. Main level of the home  boasts 3 good sized bedrooms with beautiful hardwood floors and full bath which has been completely renovated. Lower level could easily be an inlaw apartment  with another full bathroom , kitchen, game room, bedroom and separate entrance and almost doubles the living area of the home and still has loads of room for storage. Beautiful rose bush at the front door and backyard features active pear tree and grape vine!!!!  Sellers disclosure attached.... Heating system analysis available upon request!!! System operates very efficiently
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$263
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1965

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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 #72422453)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Nov 9, 2018 Listed by T.A. Sullivan Agency Inc. $289,900
Listed by T.A. Sullivan Agency Inc.
Sep 22, 2014 Sold
Premium
Sold
Apr 19, 2014 Listed by T.A. Sullivan Agency Inc. $212,000
Listed by T.A. Sullivan Agency Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7,200
  • Total Building Area: 1,104
  • Gross Building Area: 2,509
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 197 0000 0053 A
  • Parcel: LAWR M:0197 B:0000 L:0053
  • Lot: 53
  • Municipality: LAWRENCE
  • Latitude: 42.6791
  • Longitude: -71.1787

    Address

  • Full Address: 21 Glenwood Dr
  • Address - House Number: 21
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 3001
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $418,200

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 515,528
  • High Value: 612,049
  • Low Value: 419,007

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $452,100
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $309,000

    Sales

  • Current Sale Contract Date: Jan 17, 2019
  • Current Sale Recording Date: Jan 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1231
  • Previous Sale Recording Date: Sep 22, 2014
  • Previous Sale Amount: $193,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1171 ft²

Average Home Age

66.4 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72422453

Frequently Asked Questions

When was property at 21 Glenwood Drive built and last sold?
The property at 21 Glenwood Drive was built in 1965 and last sold on Jan 17, 2019 for $280,000.
How much is this home worth?
The estimated value of the home located at 21 Glenwood Drive is $300,533.
What are some comparable homes to 21 Glenwood Drive?
There are currently no comparable homes to 21 Glenwood Drive.
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