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Lawrence 01843 Mount Vernon
94 Weare St
$225,500
● House - Off Market

94 Weare St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$378,641
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Great starter home.  Located in the Mount Vernon area, just minutes from Rt. 495.  Priced to sell.  Security System Available.  3 bedrooms, 1.5 bath. Large eat-in kitchen with separate pantry area.  Living room/Dining room open floor plan.  Enclosed heated porch can be used as 3 season room.  Hardwood floors under carpets.  Detached 1 car garage.  Off street parking available for 4 – 5 cars.  Plenty of yard space.  Kitchen appliances and Washer/Dryer to stay.  Duel zone, well maintained heating system.  Newer windows and doors.  Plenty of storage available in basement.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$161
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
1910

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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 months ago (MLSPIN #72090558)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Aug 24, 2020 Listed by Century 21 North Shore $299,900
Listed by Century 21 North Shore
Jan 9, 2017 Sold
Premium
Sold
Nov 7, 2016 Listed by Century 21 North Shore $225,500
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 3,600
  • Total Building Area: 1,400
  • Gross Building Area: 2,241
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • 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 0078 A
  • Parcel: LAWR M:0094 B:0000 L:0078
  • Lot: 78
  • Municipality: LAWRENCE
  • Latitude: 42.6822
  • Longitude: -71.1579

    Address

  • Full Address: 94 Weare St
  • Address - House Number: 94
  • Address - Street Name: Weare
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3624
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $344,600

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 470,711
  • High Value: 558,841
  • Low Value: 382,580

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $372,500
  • Assessed Land Value: $114,500
  • Assessed Improvements Value: $258,000

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27520
  • Previous Sale Recording Date: Jan 09, 2017
  • Previous Sale Amount: $225,500
  • 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

$364

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1171 ft²

Average Home Age

66.4 years

Currently For Sale

7 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

Unit for rent at 23 Florence, Andover, 01810

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
23 Florence, Andover, 01810 Listing by Julie Ratte

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72090558

Frequently Asked Questions

When was property at 94 Weare Street built and last sold?
The property at 94 Weare Street was built in 1910 and last sold on Sep 21, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 94 Weare Street is $319,261.
What are some comparable homes to 94 Weare Street?
There are currently no comparable homes to 94 Weare Street.
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