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Lawrence 01843 Mount Vernon
21 Lenox Cir
$328,000
● House - Off Market

21 Lenox Cir

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,844 Ft²
$490,691
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Spacious and updated brick-front custom-built Cape located in the Mount Vernon Neighborhood. This home features an updated open concept kitchen/dining area, large living room with fireplace, 1st floor bedroom, 2 very large custom bedrooms with built-ins on the 2nd floor including an office/walk-in closet, laundry chute and built-in safe. Other great features include 2 updated tile bathrooms, a partially finished and heated basement (additional approx 700 sq ft), fantastic backyard and attached garage. Terrific location and lot close to route 93 and 495. This property is a must see.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$184
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1946

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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 #72602040)

Price History

Date / Event Date Event Price
Feb 5, 2020 Sold
Premium
Sold
Dec 20, 2019 Listed by LAER Realty Partners $339,900
Listed by LAER Realty Partners
Nov 13, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • 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: 8,000
  • Total Building Area: 1,844
  • Gross Building Area: 3,495
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 116 0000 0051 A
  • Parcel: LAWR M:0116 B:0000 L:0051
  • Lot: 51
  • Municipality: LAWRENCE
  • Latitude: 42.6859
  • Longitude: -71.1603

    Address

  • Full Address: 21 Lenox Cir
  • Address - House Number: 21
  • Address - Street Name: Lenox
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 3415
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $405,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 550,222
  • High Value: 637,132
  • Low Value: 463,312

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $437,800
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $288,800

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2927
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Nov 13, 2019
  • Previous Sale Amount: $250,000
  • 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

1175 ft²

Average Home Age

75.4 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72602040

Frequently Asked Questions

When was property at 21 Lenox Circle built and last sold?
The property at 21 Lenox Circle was built in 1946 and last sold on Feb 5, 2020 for $328,000.
How much is this home worth?
The estimated value of the home located at 21 Lenox Circle is $372,445.
What are some comparable homes to 21 Lenox Circle?
There are currently no comparable homes to 21 Lenox Circle.
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