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Lawrence 01843 Mount Vernon
35 Lisa Lane
$280,000
● House - Off Market

35 Lisa Lane

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,558 Ft²
$378,958
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Cozy 3 bedroom, 1 bath ranch awaiting new owner to make it home! Step into the bright and sunny living room with gleaming Hardwood floors! Large eat-in kitchen with sliders to the back deck, generous master bedroom with ample storage space, 2 additional good sized bedrooms and a full bath with a linen closet complete the main level! On the lower level is a finished bonus room, with a sink and built-in bar, can be used as a family/rec room, bring your ideas! The unfinished space downstairs has a laundry area along with another room with potential to be finished for additional living space! Fenced in backyard with access to the lower level, close to parks, public transportion, highways and more! Move right in an make your own updates!
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$160
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1971

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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: 6 months ago (MLSPIN #72298957)

Price History

Date / Event Date Event Price
Jun 12, 2018 Sold
Premium
Sold
Mar 27, 2018 Listed by Lamacchia Realty, Inc. $250,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • 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: 7,822
  • Total Building Area: 1,008
  • Gross Building Area: 2,136
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 133 0000 0010 A
  • Parcel: LAWR M:0133 B:0000 L:0010
  • Lot: 10
  • Municipality: LAWRENCE
  • Latitude: 42.6796
  • Longitude: -71.1668

    Address

  • Full Address: 35 Lisa Ln
  • Address - House Number: 35
  • Address - Street Name: Lisa
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3233
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $363,300

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 471,364
  • High Value: 559,617
  • Low Value: 383,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,800
  • Assessed Land Value: $147,600
  • Assessed Improvements Value: $245,200

    Sales

  • Current Sale Recording Date: Jun 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13454
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

55

Average Home Size

1384 ft²

Average Home Age

56.6 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72298957

Frequently Asked Questions

When was property at 35 Lisa Lane built and last sold?
The property at 35 Lisa Lane was built in 1971 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 35 Lisa Lane is $277,523.
What are some comparable homes to 35 Lisa Lane?
There are currently no comparable homes to 35 Lisa Lane.
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