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Lawrence 01843 Mount Vernon
7 Leeds Terr
$365,000
● House - Off Market

7 Leeds Terr

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,099 Ft²
$587,960
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Spacious contemporary ranch combines serenity with access! Home strategically placed just minutes from I-495 and I-93. Open concept main floor is ready for entertaining, with a fireplaced living room and french doors,  dining room, gleaming hardwood floors, The quartz and stainless kitchen.boasts   oversized kitchen island with cherry cabinets. Large  back yard  The  lower level offers possibilities for even more space including a full kitchen. There are  3 bedrooms, including a master  with bath and two closets 'The oversized 1-car garage accommodates vehicle and storage.
Unit Size
2,099 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$176
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72209241)

Price History

Date / Event Date Event Price
Oct 2, 2017 Sold
Premium
Sold
Aug 5, 2017 Listed by Keller Williams Realty $369,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 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: 18,325
  • Total Building Area: 2,099
  • Gross Building Area: 4,589
  • Building Area: 2,099
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,099
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000421
  • 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: 115 0000 0027 A
  • Parcel: LAWR M:0115 B:0000 L:0027
  • Lot: 27
  • Municipality: LAWRENCE
  • Latitude: 42.6842
  • Longitude: -71.1627

    Address

  • Full Address: 7 Leeds Ter
  • Address - House Number: 7
  • Address - Street Name: Leeds
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 3401
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $482,600

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 629,728
  • High Value: 744,067
  • Low Value: 515,389

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,700
  • Assessed Land Value: $168,100
  • Assessed Improvements Value: $353,600

    Sales

  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25678
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72209241

Frequently Asked Questions

When was property at 7 Leeds Terrace built and last sold?
The property at 7 Leeds Terrace was built in 1957 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 7 Leeds Terrace is $403,077.
What are some comparable homes to 7 Leeds Terrace?
There are currently no comparable homes to 7 Leeds Terrace.
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