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Lawrence 01843 Mount Vernon
51 Hamlet
$299,900
● House - Off Market

51 Hamlet

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$438,984
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Lovely ranch in desirable South Lawrence.  3 Bedrooms with hardwood.  Master has a walk in closet.  Two full bathrooms (one in basement).   Spacious Living room with hardwood under the carpet and a fireplace, tiled eat in kitchen with some new appliances.  Replacement windows, new  water heater, new furnace, central vac, home security system, irrigation system and central air conditioning.   Huge basement with washer dryer hookup, a kitchen and service for a gas stove and a full bath that needs some TLC.  One car oversized garage with high ceilings.  Fiberglass pool w/new cover due for painting.   Fenced in backyard is perfect for entertaining.  Home is walking distance to Robert Frost Elementary.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$255
Property Type
House
Property Taxes
$291
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 #72568810)

Price History

Date / Event Date Event Price
Nov 6, 2019 Sold
Premium
Sold
Sep 22, 2019 Listed by Coco Early & Associates Windham Division LLC $299,900
Listed by Coco Early & Associates Windham Division LLC

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 8,000
  • Total Building Area: 1,176
  • Gross Building Area: 2,862
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    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: 116 0000 0006 A
  • Parcel: LAWR M:0116 B:0000 L:0006
  • Lot: 6
  • Municipality: LAWRENCE
  • Latitude: 42.6857
  • Longitude: -71.1645

    Address

  • Full Address: 51 Hamlet St
  • Address - House Number: 51
  • Address - Street Name: Hamlet
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2435
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $345,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 470,492
  • High Value: 558,581
  • Low Value: 382,403

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $373,400
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $224,400

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27954
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# 72568810

Frequently Asked Questions

When was property at 51 Hamlet Street built and last sold?
The property at 51 Hamlet Street was built in 1957 and last sold on Nov 6, 2019 for $299,900.
How much is this home worth?
The estimated value of the home located at 51 Hamlet Street is $315,570.
What are some comparable homes to 51 Hamlet Street?
There are currently no comparable homes to 51 Hamlet Street.
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