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Lawrence 01843 Mount Vernon
27 Gorham St
Photo of 27 Gorham St
Sold on Nov 29, 2006

1

Map

$265,000
● House - Off Market

27 Gorham St

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,885 Ft²
$474,576
RealtyHop Estimate
69.55%
Since Dec 1, 2006
National-US
Primary Model

About This Property

Definitely not a drive by!  This house is located in a beatifull and great kid-friendly neighborhood of Mount Vernon.  Property is spacious and well divided.  Property has a lot to offer, including expansion potential in its huge yard.  Sellers are open to negotiate all offers, so make sure to set up a showing/s now!
Unit Size
1,885 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$148
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70441712)

Price History

Date / Event Date Event Price
Nov 30, 2006 Sold
Premium
Sold
Aug 14, 2006 Listed $279,900
Listed
Oct 23, 2001 Sold
Premium
Sold
Sep 5, 2001 Listed $209,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 15,441
  • Total Building Area: 1,934
  • Gross Building Area: 3,772
  • Building Area: 1,934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,934
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • 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: 96 0000 0038 A
  • Parcel: LAWR M:0096 B:0000 L:0038
  • Lot: 38
  • Municipality: LAWRENCE
  • Latitude: 42.6863
  • Longitude: -71.1586

    Address

  • Full Address: 27 Gorham St
  • Address - House Number: 27
  • Address - Street Name: Gorham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 3503
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,500

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 576,547
  • High Value: 681,230
  • Low Value: 471,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,100
  • Assessed Land Value: $167,400
  • Assessed Improvements Value: $320,700

    Sales

  • Current Sale Recording Date: Nov 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 23, 2001
  • Previous Sale Amount: $202,000
  • 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

$364

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1166 ft²

Average Home Age

65.3 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 70441712

Frequently Asked Questions

When was property at 27 Gorham Street built and last sold?
The property at 27 Gorham Street was built in 1950 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 27 Gorham Street is $304,734.
What are some comparable homes to 27 Gorham Street?
There are currently no comparable homes to 27 Gorham Street.
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