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Lawrence 01843 Mount Vernon
434 S Broadway
$250,000
● House - Off Market

434 S Broadway

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$423,590
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Located in the Mt. Vernon area. This well maintained home offers four bedrooms and one and half bathrooms, updated kitchen, freshly painted through, fenced in yard, one car garage  and updated electrical. Book your showings today!! 24 Hours Notice!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$205
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1947

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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 #72127503)

Price History

Date / Event Date Event Price
Oct 2, 2017 Sold
Premium
Sold
Mar 6, 2017 Listed by RE/MAX Insight $266,000
Listed by RE/MAX Insight
Jan 16, 2014 Sold
Premium
Sold
Jul 31, 2013 Listed by RE/MAX Insight $175,000
Listed by RE/MAX Insight
Nov 20, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 7,000
  • Total Building Area: 1,296
  • Gross Building Area: 2,169
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 75 0000 0018 A
  • Parcel: LAWR M:0075 B:0000 L:0018
  • Lot: 18
  • Municipality: LAWRENCE
  • Latitude: 42.6833
  • Longitude: -71.1542

    Address

  • Full Address: 434 S Broadway
  • Address - House Number: 434
  • Street Direction: S
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3533
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $358,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 480,160
  • High Value: 570,059
  • Low Value: 390,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $387,000
  • Assessed Land Value: $124,500
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25686
  • Previous Sale Recording Date: Jan 16, 2014
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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

$364

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1166 ft²

Average Home Age

65.3 years

Currently For Sale

8 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72127503

Frequently Asked Questions

When was property at 434 South Broadway built and last sold?
The property at 434 South Broadway was built in 1947 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 434 South Broadway is $275,102.
What are some comparable homes to 434 South Broadway?
There are currently no comparable homes to 434 South Broadway.
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