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Lawrence 01843 Mount Vernon
65 Weare St
$245,000
● House - Off Market

65 Weare St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,210 Ft²
$422,244
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Highly sought after Mount Vernon location on the Andover line.  Fenced in corner lot!!!  Large, level yard great for playing games or planting a garden or just relaxing.  3 bedrooms all with hardwood.  2 bedrooms with walk in closets.  Newer roof and replacement windows.  Very large yard.  Wood stove fireplace insert in living room.  Pantry in kitchen along with office nook.  Great opportunity to buy a great house with plenty of space.  1 stall detached garage, 1 carport and parking for 2 more cars, off-street.  One minute to rte 495.
Unit Size
1,210 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$207
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1930

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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 #72020943)

Price History

Date / Event Date Event Price
Aug 8, 2016 Sold
Premium
Sold
Jun 10, 2016 Listed by Consoli Realty Group $250,000
Listed by Consoli Realty Group
Oct 10, 2014 Sold
Premium
Sold
May 23, 2014 Listed by Consoli Realty Group $205,000
Listed by Consoli Realty Group
Jul 31, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • 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: 7,200
  • Total Building Area: 1,210
  • Gross Building Area: 2,088
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 94 0000 0106 A
  • Parcel: LAWR M:0094 B:0000 L:0106
  • Lot: 106
  • Municipality: LAWRENCE
  • Latitude: 42.6827
  • Longitude: -71.1573

    Address

  • Full Address: 65 Weare St
  • Address - House Number: 65
  • Address - Street Name: Weare
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3623
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $364,500

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 472,615
  • High Value: 561,101
  • Low Value: 384,128

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,100
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $251,000

    Sales

  • Current Sale Contract Date: Aug 06, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 114470
  • Previous Sale Recording Date: Oct 10, 2014
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: O
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

1290 ft²

Average Home Age

63.3 years

Currently For Sale

8 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: 5 months ago
Data Source: MLS PIN, MLS# 72020943

Frequently Asked Questions

When was property at 65 Weare Street built and last sold?
The property at 65 Weare Street was built in 1930 and last sold on Aug 6, 2016 for $245,000.
How much is this home worth?
The estimated value of the home located at 65 Weare Street is $266,937.
What are some comparable homes to 65 Weare Street?
There are currently no comparable homes to 65 Weare Street.
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