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Lawrence 01843 Mount Vernon
8 Monroe St.
Photo of 8 Monroe St.
Sold on Mar 18, 2011

1

Map

$210,000
● House - Off Market

8 Monroe St.

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,288 Ft²
$490,919
RealtyHop Estimate
123.25%
Since Apr 1, 2011
National-US
Primary Model

About This Property

Outstanding location! Well built 3 bedroom ranch in Mt. Vernon w/hdwd floors, fireplace, central air, gas heat, 1.5 baths with 2 finished rooms in lower level which can be used as  family room and possible 4th bedroom just waiting for your refreshing touch. Updates include newer roof, vinyl siding, front steps and freshly painted rooms. Entertain friends with inground pool overlooking spacious backyard with fruit bearing trees and ample parking!
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$171
Property Type
House
Property Taxes
$226
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: 8 months ago (MLSPIN #71177155)

Price History

Date / Event Date Event Price
Mar 21, 2011 Sold
Premium
Sold
Jan 10, 2011 Listed by RE/MAX Prestige $219,900
Listed by RE/MAX Prestige

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 10,725
  • Total Building Area: 1,288
  • Gross Building Area: 2,576
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNT VERNON PARK
  • Land Acres: 0000000246
  • 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: 157 0000 0073 A
  • Parcel: LAWR M:0157 B:0000 L:0073
  • Lot: 73
  • Municipality: LAWRENCE
  • Latitude: 42.6852
  • Longitude: -71.1694

    Address

  • Full Address: 8 Monroe St
  • Address - House Number: 8
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2422
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $441,000

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 550,881
  • High Value: 650,905
  • Low Value: 450,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,800
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $311,600

    Sales

  • Current Sale Recording Date: Mar 21, 2011
  • Current Sale Price:
    Premium
  • Current 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

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1175 ft²

Average Home Age

75.4 years

Currently For Sale

5 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

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Last Updated: 8 months ago
Data Source: MLS PIN, MLS# 71177155

Frequently Asked Questions

When was property at 8 Monroe Street built and last sold?
The property at 8 Monroe Street was built in 1959 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 8 Monroe Street is $0.
What are some comparable homes to 8 Monroe Street?
There are currently no comparable homes to 8 Monroe Street.
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