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Lawrence 01843 Mount Vernon
42 Mount Vernon Cir
$495,000
● House - Off Market

42 Mount Vernon Cir

Lawrence, MA 01843
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,704 Ft²
$501,782
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is the home you have been looking for in a premiere South Lawrence location (upper Mount Vernon). The manse has 6 good sized bedrooms, 3 baths, large eat in kitchen, enormous side entry foyer,  fireplace in living room, and hardwood floors throughout. The lower level has a multipurpose family room, large laundry/workshop room, and 2 car garage. There is a large deck attached to the rear of the home overlooking an expansive backyard. The property is very close to the Andover line and has excellent highway access to both routes 495 and 93. Open house Sunday from 12 noon to 2 pm. Don't miss this fabulous opportunity!ALL OFFERS WILL BE REVIEWED TUESDAY MORNING
Unit Size
3,704 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$121
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1965

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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: 5 years ago (MLSPIN #72896086)

Price History

Date / Event Date Event Price
Nov 8, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Coldwell Banker Realty - Haverhill $450,000
Listed by Coldwell Banker Realty - Haverhill

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 15,500
  • Total Building Area: 2,073
  • Gross Building Area: 3,704
  • Building Area: 2,073
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,073
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 197 0000 0030 A
  • Parcel: LAWR M:0197 B:0000 L:0030
  • Lot: 30
  • Municipality: LAWRENCE
  • Latitude: 42.6803
  • Longitude: -71.18

    Address

  • Full Address: 42 Mount Vernon Cir
  • Address - House Number: 42
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 1942
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $423,200

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 566,397
  • High Value: 658,019
  • Low Value: 474,776

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $457,500
  • Assessed Land Value: $167,500
  • Assessed Improvements Value: $290,000

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36981
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:

$549,950

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1175 ft²

Average Home Age

75.4 years

Currently For Sale

5 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: 5 years ago
Data Source: MLS PIN, MLS# 72896086

Frequently Asked Questions

When was property at 42 Mt Vernon Circle built and last sold?
The property at 42 Mt Vernon Circle was built in 1965 and last sold on Nov 8, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 42 Mt Vernon Circle is $459,147.
What are some comparable homes to 42 Mt Vernon Circle?
There are currently no comparable homes to 42 Mt Vernon Circle.
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