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Lawrence 01843 Mount Vernon
5 Kathleen Terrace
$450,000
● House - Off Market

5 Kathleen Terrace

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,222 Ft²
$428,911
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome to 5 Kathleen Terrace! This home has been lovingly maintained by original owner. Nestled on a dead-end street off Mount Vernon. Featuring 3 bedrooms, 2 baths, large living room, kitchen and dining room, sunroom with cathedral ceiling & skylights and a screened porch. Central Air, central vac. Partially finished basement with daylight windows, 3/4 bath, kitchenette and closet  Additional area for storage and laundry. This home was built in 1965 and offers hardwood flooring under the carpeting in the bedrooms, hallway, dining and living room. Spacious kitchen with ample cabinetry, all kitchen appliances are included along with washer and dryer. Nice yard with shed,  conveniently located to Route 495 & 93!
Unit Size
1,222 Ft²
Days on Market
-
Land Size
-
Price per sqft
$335
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1965

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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 #73017271)

Price History

Date / Event Date Event Price
Oct 6, 2022 Sold
Premium
Sold
Jul 26, 2022 Listed by Coldwell Banker Realty - Haverhill $409,900
Listed by Coldwell Banker Realty - Haverhill

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 8,367
  • Total Building Area: 1,222
  • Gross Building Area: 2,732
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • 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 0086 A
  • Parcel: LAWR M:0096 B:0000 L:0086
  • Lot: 86
  • Municipality: LAWRENCE
  • Latitude: 42.6852
  • Longitude: -71.1567

    Address

  • Full Address: 5 Kathleen Ter
  • Address - House Number: 5
  • Address - Street Name: Kathleen
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3505
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $372,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 485,157
  • High Value: 568,509
  • Low Value: 401,804

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,200
  • Assessed Land Value: $151,600
  • Assessed Improvements Value: $250,600

    Sales

  • Current Sale Contract Date: Oct 04, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23486
  • Previous Sale Recording Date: May 30, 2017
  • 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

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73017271

Frequently Asked Questions

When was property at 5 Kathleen Terrace built and last sold?
The property at 5 Kathleen Terrace was built in 1965 and last sold on Oct 4, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 5 Kathleen Terrace is $426,330.
What are some comparable homes to 5 Kathleen Terrace?
There are currently no comparable homes to 5 Kathleen Terrace.
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