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Lawrence 01843 Mount Vernon
9-11 Lafayette Ave
Photo of 9-11 Lafayette Ave

1

Map

$210,000
● Multifamily - Off Market

9-11 Lafayette Ave

Lawrence, MA 01843
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,080 Ft²
$1,212
Est. Monthly

About This Property

2 Family in Mt Vernon area with easy access to RT28 & I495. 5 rooms, 3 bedrooms in each unit with new front and side porches, newer windows and newer heating system. Full walk-up attic for potential expansion. BOM with improvement in basement, new roof and more. COME SEE!!!!
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$101
Property Type
Multifamily
Property Taxes
$181
HOA Dues
-
Year Built
1955

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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: 17 days ago (MLSPIN #71251571)

Price History

Date / Event Date Event Price
Jun 21, 2011 Listed by Guevara Realty $210,000
Listed by Guevara Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6,165
  • Total Building Area: 1,040
  • Gross Building Area: 2,440
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 76 0000 0025 A
  • Parcel: LAWR M:0076 B:0000 L:0025
  • Lot: 25
  • Municipality: LAWRENCE
  • Latitude: 42.6857
  • Longitude: -71.1553

    Address

  • Full Address: 9 Lasalle Ave
  • Address - House Number: 9
  • Address - Street Name: Lasalle
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 3514
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $346,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 461,881
  • High Value: 534,838
  • Low Value: 388,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $374,200
  • Assessed Land Value: $125,300
  • Assessed Improvements Value: $248,900
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

$364

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1279 ft²

Average Home Age

69 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: 17 days ago
Data Source: MLS PIN, MLS# 71251571

Frequently Asked Questions

When was property at 9 Lafayette Avenue built and last sold?
The property at 9 Lafayette Avenue was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Lafayette Avenue is $569,672.
What are some comparable homes to 9 Lafayette Avenue?
There are currently no comparable homes to 9 Lafayette Avenue.
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