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Lawrence 01843 Mount Vernon
55 Amherst St
Photo of 55 Amherst St
Sold on Jun 20, 2011

1

Map

$145,000
● House - Off Market

55 Amherst St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
976 Ft²
$327,216
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

So. Lawrence - Well maintained and lovingly cared for. This easy to move into property is ready and waiting for a new owner.  Features newer roof and windows, a 3 season room that walks out to private fenced in level back yard perfect for enjoying the outdoors.  Plenty of storage including lots of closet space, utility/laundry room and 2 outdoor storage sheds.  This neat as a pin property is priced to sell.  NOT a short sale or bank owned.
Unit Size
976 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$154
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1959

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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 #71226260)

Price History

Date / Event Date Event Price
Jul 31, 2019 Sold
Premium
Sold
Jun 20, 2011 Sold
Premium
Sold
May 3, 2011 Listed by Century 21 McLennan & Company $149,921
Listed by Century 21 McLennan & Company

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 10,500
  • Total Building Area: 864
  • Gross Building Area: 976
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 374B SEC B
  • Land Acres: 0000000241
  • 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: 158 0000 0016 A
  • Parcel: LAWR M:0158 B:0000 L:0016
  • Lot: 16
  • Municipality: LAWRENCE
  • Latitude: 42.6889
  • Longitude: -71.1705

    Address

  • Full Address: 55 Amherst St
  • Address - House Number: 55
  • Address - Street Name: Amherst
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2059
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $379,500

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 462,579
  • High Value: 549,187
  • Low Value: 375,971

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $410,300
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $261,300

    Sales

  • Current Sale Contract Date: Jul 31, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17898
  • Previous Sale Recording Date: Jun 20, 2011
  • Previous Sale Amount: $145,000
  • 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

1320 ft²

Average Home Age

62.4 years

Currently For Sale

7 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# 71226260

Frequently Asked Questions

When was property at 55 Amherst Street built and last sold?
The property at 55 Amherst Street was built in 1959 and last sold on Jul 31, 2019 for $307,000.
How much is this home worth?
The estimated value of the home located at 55 Amherst Street is $166,384.
What are some comparable homes to 55 Amherst Street?
There are currently no comparable homes to 55 Amherst Street.
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