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Lawrence 01843 Mount Vernon
49 Lenox St
$540,000
● House - Off Market

49 Lenox St

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,400 Ft²
$605,944
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Mount Vernon...Beautifully updated and maintained ranch-style home in a great Lawrence neighborhood! This house has it all. Updated kitchen with working BBQ built in. fireplaced family room in basement with new sliding doors out back. Three spacious bedrooms and 2 full baths complete the main floor. Finished basement includes 4th bedroom and full bathroom. Perfect for relaxing, entertaining, workspace - whatever you need! The expansive back deck overlooks is perfect for relaxing or entertaining. Recent updating includes interior paint (2021), basement sliding doors (2021) Vinyl siding (2015). Roof (2009) Conveniently located near shopping, schools, Rt 93 and 495!
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$176
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72930594)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Jan 2, 2022 Listed by T.A. Sullivan Agency Inc. $599,000
Listed by T.A. Sullivan Agency Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9,612
  • Total Building Area: 1,737
  • Gross Building Area: 3,720
  • Building Area: 1,737
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,737
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • 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: 96 0000 0003 A
  • Parcel: LAWR M:0096 B:0000 L:0003
  • Lot: 3
  • Municipality: LAWRENCE
  • Latitude: 42.6866
  • Longitude: -71.1601

    Address

  • Full Address: 49 Lenox St
  • Address - House Number: 49
  • Address - Street Name: Lenox
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2719
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $391,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 591,057
  • High Value: 717,200
  • Low Value: 464,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $423,100
  • Assessed Land Value: $160,400
  • Assessed Improvements Value: $262,700

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14360
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

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: 4 months ago
Data Source: MLS PIN, MLS# 72930594

Frequently Asked Questions

When was property at 49 Lenox Street built and last sold?
The property at 49 Lenox Street was built in 1955 and last sold on Jun 16, 2022 for $540,000.
How much is this home worth?
The estimated value of the home located at 49 Lenox Street is $639,262.
What are some comparable homes to 49 Lenox Street?
There are currently no comparable homes to 49 Lenox Street.
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