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Lawrence 01843 Mount Vernon
84 Gilbert Street
$345,000
● House - Off Market

84 Gilbert Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$368,940
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Opportunity knocking.  Great opportunity 7 rm, 3br Cape on lovely lot in side street location, handy to Rts 28, 495 and 93; Detached garage in back is ideal for gardener's or handyman's shed. Spacious LR/DR setup with hw floors, beautiful sunroom with cath ceil & fan.
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$264
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #72876134)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Moran Realty Group $325,000
Listed by Moran Realty Group
Jan 3, 1995 Sold
Premium
Sold
Oct 30, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 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: 1,229
  • Gross Building Area: 2,490
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,229
  • 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 0044 A
  • Parcel: LAWR M:0094 B:0000 L:0044
  • Lot: 44
  • Municipality: LAWRENCE
  • Latitude: 42.6818
  • Longitude: -71.1571

    Address

  • Full Address: 84 Gilbert St
  • Address - House Number: 84
  • Address - Street Name: Gilbert
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3610
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $374,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 495,175
  • High Value: 573,390
  • Low Value: 416,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,000
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $261,900

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32813
  • Previous Sale Recording Date: Jan 03, 1995
  • Previous Sale Amount: $89,000
  • Previous 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

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72876134

Frequently Asked Questions

When was property at 84 Gilbert Street built and last sold?
The property at 84 Gilbert Street was built in 1952 and last sold on Sep 30, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 84 Gilbert Street is $341,883.
What are some comparable homes to 84 Gilbert Street?
There are currently no comparable homes to 84 Gilbert Street.
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