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Lawrence 01843 Mount Vernon
21 Hough Road
$230,000
● House - Off Market

21 Hough Road

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$409,707
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Desirable Mount Vernon Location - very well maintained 2 bedroom cape.  Updated kitchen with granite counters, newer stainless steel appliances, tiled backsplash and dining area.  Spacious living room with hardwood floors.  Beautiful vaulted ceiling den with recessed lighting. Nice deck overlooking fenced backyard with shed.  Updated electrical panel.  New basement windows. Easy access to Route 495 and 93, commuter rail and shopping.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$240
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1955

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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 #71970883)

Price History

Date / Event Date Event Price
May 17, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by Coco, Early & Associates The Olivares and Molina Division $239,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Aug 15, 2002 Sold
Premium
Sold
Jun 18, 2002 Listed by Coco, Early & Associates The Olivares and Molina Division $199,000
Listed by Coco, Early & Associates The Olivares and Molina Division
Oct 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4,798
  • Total Building Area: 1,267
  • Gross Building Area: 2,560
  • Building Area: 1,267
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,267
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 95 0000 0012 A
  • Parcel: LAWR M:0095 B:0000 L:0012
  • Lot: 12
  • Municipality: LAWRENCE
  • Latitude: 42.683
  • Longitude: -71.1593

    Address

  • Full Address: 21 Hough Rd
  • Address - House Number: 21
  • Address - Street Name: Hough
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3413
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $356,700

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 473,312
  • High Value: 561,929
  • Low Value: 384,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $385,600
  • Assessed Land Value: $125,500
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Recording Date: May 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11378
  • Previous Sale Recording Date: Aug 15, 2002
  • Previous Sale Amount: $189,500
  • 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# 71970883

Frequently Asked Questions

When was property at 21 Hough Road built and last sold?
The property at 21 Hough Road was built in 1955 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 21 Hough Road is $254,944.
What are some comparable homes to 21 Hough Road?
There are currently no comparable homes to 21 Hough Road.
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