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Lawrence 01843 Mount Vernon
353 S. Broadway
$179,900
● House - Off Market

353 S. Broadway

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,262 Ft²
$1,084
Est. Monthly
26.75%
Cap Rate

About This Property

Recently remodeled.  New hardwood floors.  Updated kitchen and bathrooms.  Move in and enjoy!  Short sale subject to third party approval.
Unit Size
2,262 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$80
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #71051886)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Mar 22, 2010 Listed by Combe Real Estate Services $179,900
Listed by Combe Real Estate Services
Aug 29, 2000 Sold
Premium
Sold
Jun 7, 2000 Listed by Combe Real Estate Services $139,900
Listed by Combe Real Estate Services
Aug 5, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 7,464
  • Total Building Area: 1,050
  • Gross Building Area: 2,262
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONIFER HILL EXEC CON
  • Land Acres: 0000000171
  • 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 0043 A
  • Parcel: LAWR M:0096 B:0000 L:0043
  • Lot: 43
  • Municipality: LAWRENCE
  • Latitude: 42.687
  • Longitude: -71.1574

    Address

  • Full Address: 353 S Broadway
  • Address - House Number: 353
  • Street Direction: S
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 2722
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $350,400

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 471,852
  • High Value: 546,383
  • Low Value: 397,321

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $378,800
  • Assessed Land Value: $127,500
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16366
  • Previous Sale Recording Date: Aug 29, 2000
  • Previous Sale Amount: $139,900
  • 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

$366

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1320 ft²

Average Home Age

62.4 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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71051886

Frequently Asked Questions

When was property at 353 South Broadway built and last sold?
The property at 353 South Broadway was built in 1960 and last sold on Jun 30, 2020 for $305,000.
How much is this home worth?
The estimated value of the home located at 353 South Broadway is $0.
What are some comparable homes to 353 South Broadway?
There are currently no comparable homes to 353 South Broadway.
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