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Lawrence 01843 Mount Vernon
8 Crestwood Circle
$241,000
● House - Off Market

8 Crestwood Circle

Lawrence, MA 01843
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$464,243
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Exciting NEW PRICE CHANGE!!!!    Exclusive Mount Vernon Neighborhood home!   5 Bedroom home on beautiful corner lot .   Beautiful kitchen with NEW  STAIINLESS appliances, all NEW cabinetry,  NEW counter tops, Gorgeous gleaming  NEWLY refinished hardwood floors make this home breath taking when you open the door!   NEW tile floor in kitchen and bath.   CENTRAL AIR.  Newly updated full bath    3 bedrooms on first floor and 2 on second floor with family/game room in between.    Super commuter location.  5 minutes to routes 93 and 495  Beautiful sun room with newer windows  with direct access to kitchen.    Full basement with walkout, perfect for kids on rainy days, workshop or more!  Motivated sellers will work with a reasonable offer.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1960

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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 #71746626)

Price History

Date / Event Date Event Price
Nov 4, 2020 Sold
Premium
Sold
Sep 14, 2020 Listed by RE/MAX Encore $396,333
Listed by RE/MAX Encore
Jan 6, 2015 Sold
Premium
Sold
Sep 21, 2014 Listed by RE/MAX Encore $249,000
Listed by RE/MAX Encore

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 8,500
  • Total Building Area: 1,296
  • Gross Building Area: 3,645
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 197 0000 0006 A
  • Parcel: LAWR M:0197 B:0000 L:0006
  • Lot: 6
  • Municipality: LAWRENCE
  • Latitude: 42.6791
  • Longitude: -71.182

    Address

  • Full Address: 8 Crestwood Cir
  • Address - House Number: 8
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 1950
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,600

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 551,105
  • High Value: 651,168
  • Low Value: 451,041

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,300
  • Assessed Land Value: $152,600
  • Assessed Improvements Value: $296,700

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30722
  • Previous Sale Recording Date: Jan 06, 2015
  • Previous Sale Amount: $241,000
  • 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

$366

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71746626

Frequently Asked Questions

When was property at 8 Crestwood Circle built and last sold?
The property at 8 Crestwood Circle was built in 1960 and last sold on Oct 16, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 8 Crestwood Circle is $399,020.
What are some comparable homes to 8 Crestwood Circle?
There are currently no comparable homes to 8 Crestwood Circle.
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