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Lawrence 01843 Mount Vernon
58 Mt Vernon St.
$230,000
● House - Off Market

58 Mt Vernon St.

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,635 Ft²
$453,677
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Lots of potential in very desirable neighborhood with great commuter access. New roof. Just bring a little TLC.
Unit Size
1,635 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$141
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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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: 6 months ago (MLSPIN #70087076)

Price History

Date / Event Date Event Price
May 28, 2010 Sold
Premium
Sold
Mar 31, 2010 Listed by Prudential Verani Realty $199,900
Listed by Prudential Verani Realty
Mar 24, 2010 Sold
Premium
Sold
Oct 22, 2004 Sold
Premium
Sold
Sep 8, 2004 Listed by Coldwell Banker Realty - Andover $230,000
Listed by Coldwell Banker Realty - Andover
Lots of potential in very desirable neighborhood with great commuter access. New roof. Just bring a little TLC.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 9,800
  • Total Building Area: 1,805
  • Gross Building Area: 3,288
  • Building Area: 1,805
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,805
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: 95 0000 0028 A
  • Parcel: LAWR M:0095 B:0000 L:0028
  • Lot: 28
  • Municipality: LAWRENCE
  • Latitude: 42.6843
  • Longitude: -71.1594

    Address

  • Full Address: 58 Mount Vernon St
  • Address - House Number: 58
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3430
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $403,700

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 534,352
  • High Value: 634,398
  • Low Value: 434,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,400
  • Assessed Land Value: $161,900
  • Assessed Improvements Value: $274,500

    Sales

  • Current Sale Recording Date: May 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13356
  • Previous Sale Recording Date: Mar 24, 2010
  • Previous Sale Amount: $185,286
  • Previous Sale Document Type: 34
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

$364

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1180 ft²

Average Home Age

65.1 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70087076

Frequently Asked Questions

When was property at 58 Mt Vernon Street built and last sold?
The property at 58 Mt Vernon Street was built in 1940 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 58 Mt Vernon Street is $233,240.
What are some comparable homes to 58 Mt Vernon Street?
There are currently no comparable homes to 58 Mt Vernon Street.
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