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Lawrence 01843 Mount Vernon
34 Hamlet St
$300,000
● House - Off Market

34 Hamlet St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
982 Ft²
$432,215
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Welcome Home to this charming ranch style home in the desirable MOUNT VERNON NEIGHBORHOOD of SOUTH LAWRENCE, near the Andover Town Line.  The house features 5 generous sized rooms, 3 bedrooms, eat-in kitchen, and living room with bay window.  Bedrooms and living room feature hardwood floors and the house is equipped with central air and gas heat.  Spring, summer, and fall nights can be enjoyed in the 3 season porch off the kitchen.  Great sized lot and 1 car garage under complete this home.  Bring your remodeling ideas and make this home your own.
Unit Size
982 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$300
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1958

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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 #72545387)

Price History

Date / Event Date Event Price
Sep 17, 2019 Sold
Premium
Sold
Aug 6, 2019 Listed by Elite Realty Experts, LLC $294,900
Listed by Elite Realty Experts, LLC

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 8,465
  • Total Building Area: 982
  • Gross Building Area: 1,886
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 982
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORTION MOUNT VERNON PARK REV
  • Land Acres: 0000000194
  • 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: 136 0000 0009 A
  • Parcel: LAWR M:0136 B:0000 L:0009
  • Lot: 9
  • Municipality: LAWRENCE
  • Latitude: 42.6856
  • Longitude: -71.1666

    Address

  • Full Address: 34 Hamlet St
  • Address - House Number: 34
  • Address - Street Name: Hamlet
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2434
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $356,500

    Appraisal Valuation

  • Standard Deviation: 0.2491
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 461,981
  • High Value: 548,477
  • Low Value: 375,485

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $385,400
  • Assessed Land Value: $152,300
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22630
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# 72545387

Frequently Asked Questions

When was property at 34 Hamlet Street built and last sold?
The property at 34 Hamlet Street was built in 1958 and last sold on Sep 5, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 34 Hamlet Street is $306,084.
What are some comparable homes to 34 Hamlet Street?
There are currently no comparable homes to 34 Hamlet Street.
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