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Lawrence 01843 Mount Vernon
50 Hamlet Street
$248,000
● House - Off Market

50 Hamlet Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,208 Ft²
$432,891
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Desirable Mt.vernon sits this spacious ranch with attached garage features a. Large eat in kitchen ywith plenty of cabinetry, wood floors, Plus finished room on lower level , offers a sirrigatuionr system and wonderful Breezeway for warm summer nights!  this home is immaculate and move in condition !   very convenient to the frost school and Rte 93 and move in condition!
Unit Size
1,208 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$212
Property Type
House
Property Taxes
$254
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: 4 months ago (MLSPIN #71988441)

Price History

Date / Event Date Event Price
Jul 18, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by Century 21 McLennan & Company $255,900
Listed by Century 21 McLennan & Company

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 8,000
  • Total Building Area: 1,208
  • Gross Building Area: 2,836
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 136 0000 0015 A
  • Parcel: LAWR M:0136 B:0000 L:0015
  • Lot: 15
  • Municipality: LAWRENCE
  • Latitude: 42.6861
  • Longitude: -71.1648

    Address

  • Full Address: 50 Hamlet St
  • Address - House Number: 50
  • Address - Street Name: Hamlet
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2434
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,500

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 495,163
  • High Value: 587,872
  • Low Value: 402,455

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $404,900
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17651
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

1338 ft²

Average Home Age

77.8 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: 4 months ago
Data Source: MLS PIN, MLS# 71988441

Frequently Asked Questions

When was property at 50 Hamlet Street built and last sold?
The property at 50 Hamlet Street was built in 1957 and last sold on Jan 1, 1970 for $248,000.
How much is this home worth?
The estimated value of the home located at 50 Hamlet Street is $272,941.
What are some comparable homes to 50 Hamlet Street?
There are currently no comparable homes to 50 Hamlet Street.
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