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Lawrence 01843 Mount Vernon
47 Adams St
$310,000
● House - Off Market

47 Adams St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$494,182
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Completely remodeled ranch in sought after Mount Vernon Area. Property features new roof, new windows, brand new kitchen with top of the line stainless steel appliances, new bathroom with tiled floors, new floors throughout entire home, large basement ready for future expansion. Bright family room that leads to new deck through new sliders. Large yard ready for Summer BBQ's! Property has easy access to I93 and main roads.  SHOWINGS BEGIN AT OPEN HOUSES 6/28, 6/29 AND 6/30 5 TO 6PM.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$277
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #72188727)

Price History

Date / Event Date Event Price
Aug 16, 2017 Sold
Premium
Sold
Jun 23, 2017 Listed by Coco,Early & Associates Star Division LLC $309,900
Listed by Coco,Early & Associates Star Division LLC
Mar 17, 2017 Sold
Premium
Sold
Jan 24, 2017 Listed by Coco,Early & Associates Star Division LLC $205,700
Listed by Coco,Early & Associates Star Division LLC
Dec 18, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 5,850
  • Total Building Area: 1,176
  • Gross Building Area: 2,559
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND LAWRENCE
  • Land Acres: 0000000134
  • 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: 178 0000 0023 A
  • Parcel: LAWR M:0178 B:0000 L:0023
  • Lot: 23
  • Municipality: LAWRENCE
  • Latitude: 42.6842
  • Longitude: -71.1761

    Address

  • Full Address: 47 Adams St
  • Address - House Number: 47
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 1923
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $362,800

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 491,793
  • High Value: 583,870
  • Low Value: 399,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $392,200
  • Assessed Land Value: $133,400
  • Assessed Improvements Value: $258,800

    Sales

  • Current Sale Recording Date: Aug 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21007
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Amount: $186,000
  • 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

59

Average Home Size

1279 ft²

Average Home Age

69 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72188727

Frequently Asked Questions

When was property at 47 Adams Street built and last sold?
The property at 47 Adams Street was built in 1957 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 47 Adams Street is $319,847.
What are some comparable homes to 47 Adams Street?
There are currently no comparable homes to 47 Adams Street.
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