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Lawrence 01843 Mount Vernon
436 S Broadway
$400,000
● House - Off Market

436 S Broadway

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$432,502
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

SOUTH LAWRENCE. VERY CHARMING AND COMFORTABLE CAPE. Conveniently Located close to the Andover Line, Major Highways and Shopping. 3 Bedrooms and 2 Full Baths! Step into the Spacious Dining Room with Hardwood Flooring which opens onto an Updated Kitchen with an attached Mud Room. A Full Bathroom, Living Room and a Bedroom complete the First Floor. Upstairs are 2 Front-to-Back Bedrooms and another Bathroom. Recently Installed Heating System is a State-of-the-Art, High Efficiency Navien Tankless Boiler. The Exterior is Low-Maintenance Vinyl Siding and the Rear Yard is Completely Fenced In with a Shed for storing those garden tools. This is a Lovely Home just waiting for Your Personal Touches!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$311
Property Type
House
Property Taxes
$318
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: 5 months ago (MLSPIN #72937495)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by Moore-Tuttle & Company $420,000
Listed by Moore-Tuttle & Company
Apr 21, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,350
  • Gross Building Area: 2,330
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK CAIRNS
  • 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 0019 A
  • Parcel: LAWR M:0075 B:0000 L:0019
  • Lot: 19
  • Municipality: LAWRENCE
  • Latitude: 42.6831
  • Longitude: -71.154

    Address

  • Full Address: 436 S Broadway
  • Address - House Number: 436
  • 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: $369,000

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 491,897
  • High Value: 583,994
  • Low Value: 399,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,900
  • Assessed Land Value: $124,500
  • Assessed Improvements Value: $274,400

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7513
  • Previous Sale Recording Date: Apr 21, 1998
  • Previous Sale Amount: $95,000
  • 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

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: 5 months ago
Data Source: MLS PIN, MLS# 72937495

Frequently Asked Questions

When was property at 436 South Broadway built and last sold?
The property at 436 South Broadway was built in 1947 and last sold on Mar 28, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 436 South Broadway is $433,501.
What are some comparable homes to 436 South Broadway?
There are currently no comparable homes to 436 South Broadway.
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