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Lawrence 01843 Mount Vernon
42 Marique Dr
Photo of 42 Marique Dr
Sold on Nov 12, 2025

25

Map

Photo of 42 Marique Dr
Photo of 42 Marique Dr
$550,000
● House - Off Market

42 Marique Dr

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$2,949
Est. Monthly
6.40%
Cap Rate

About This Property

Welcome to 42 Marique.  This 3 bed 2 bath ranch sits on a beautiful flat lot, in a fantastic Mount Vernon location.  The property has been well maintained and has a 3 year old roof, solar panels and an in-ground pool.  Inside, you'll find easy one floor living, with a bonus, full and finished basement.  On the main level, there is a spacious eat in kitchen, with access to a four season sunroom, large living room, 3 spacious bedrooms and a full bath.  Downstairs is wide open and suits many uses and has a 3/4 bath, a bar, laundry and access to the backyard/pool area.  The backyard, with inground pool, patio and luscious green grass is your outdoor oasis. This property is a must see.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$521
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1972

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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: 10 months ago (MLSPIN #73435572)

Price History

Date / Event Date Event Price
Nov 12, 2025 Sold
Premium
Sold
Oct 3, 2025 In contract -
In contract
Sep 25, 2025 Listed by Realty One Group Next Level $525,000
Listed by Realty One Group Next Level

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 6,400
  • Total Building Area: 1,008
  • Gross Building Area: 2,472
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNT VERNON ESTATES
  • Land Acres: 0000000147
  • 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: 175 0000 0035 A
  • Parcel: LAWR M:0175 B:0000 L:0035
  • Lot: 35
  • Municipality: LAWRENCE
  • Latitude: 42.6781
  • Longitude: -71.1756

    Address

  • Full Address: 42 Marique Dr
  • Address - House Number: 42
  • Address - Street Name: Marique
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 3004
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 534,651
  • High Value: 619,101
  • Low Value: 450,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,200
  • Assessed Land Value: $137,300
  • Assessed Improvements Value: $328,900
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

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Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 73435572

Frequently Asked Questions

When was property at 42 Marique Drive built and last sold?
The property at 42 Marique Drive was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Marique Drive is $527,054.
What are some comparable homes to 42 Marique Drive?
There are currently no comparable homes to 42 Marique Drive.
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