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Lawrence 01843 Mount Vernon
9 Ayer Rd
$325,000
● House - Off Market

9 Ayer Rd

Lawrence, MA 01843
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,579 Ft²
$487,793
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Gorgeous single family cape in desirable neighborhood of Mount Vernon. House features beautiful hardwood floors, open concept living and dining, finished basement for extra living and entertaining space, good sized bedrooms, and many updates. Excellent commuter location with access to 495 and 93. Priced to sell, this one wont last.
Unit Size
1,579 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$199
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72275075)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Jan 27, 2018 Listed by Home Shop Properties, Inc. $315,000
Listed by Home Shop Properties, Inc.
Jan 30, 2009 Sold
Premium
Sold
Nov 22, 2008 Listed by Home Shop Properties, Inc. $164,900
Listed by Home Shop Properties, Inc.
Aug 30, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 1,579
  • Gross Building Area: 3,230
  • Building Area: 1,579
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,579
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEVENS ESTATE LAWRENCE
  • 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: 95 0000 0025 A
  • Parcel: LAWR M:0095 B:0000 L:0025
  • Lot: 25
  • Municipality: LAWRENCE
  • Latitude: 42.6836
  • Longitude: -71.1589

    Address

  • Full Address: 9 Ayer Rd
  • Address - House Number: 9
  • Address - Street Name: Ayer
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3409
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $409,600

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 532,763
  • High Value: 622,806
  • Low Value: 442,720

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,800
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $299,700

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6000
  • Previous Sale Recording Date: Jan 30, 2009
  • Previous Sale Amount: $155,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72275075

Frequently Asked Questions

When was property at 9 Ayer Road built and last sold?
The property at 9 Ayer Road was built in 1950 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 9 Ayer Road is $334,258.
What are some comparable homes to 9 Ayer Road?
There are currently no comparable homes to 9 Ayer Road.
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