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Lawrence 01843 Mount Vernon
96 Gilbert Street
$169,900
● House - Off Market

96 Gilbert Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$317,491
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Location, Location, Location! Great starter home within the Mount Vernon/Andover town line. This Gambrel has been within the same family for over 40 years! This home features: Newer roof, windows, heating system, freshly painted exterior, pool liner, and a beautiful in ground pool! The cabana offers an outdoor partial kitchen, separate hot water tank (electric) along with a half bath. Nicely landscaped level lot with an oversized 1 car garage. This well maintained home is minutes from RT 495 and 93, 40 minutes to Boston or the beach. With some interior updating, equity can be gained! Please, pre-approve buyers only. Interest rates are down and home ownership is within reach, Why rent???
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$157
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #71746291)

Price History

Date / Event Date Event Price
Dec 23, 2014 Sold
Premium
Sold
Sep 19, 2014 Listed by Connie Doto Realty Group $169,900
Listed by Connie Doto Realty Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 5
  • Exterior Walls Type: 1
  • 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: 7,200
  • Total Building Area: 1,080
  • Gross Building Area: 1,672
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,080
  • 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 0047 A
  • Parcel: LAWR M:0094 B:0000 L:0047
  • Lot: 47
  • Municipality: LAWRENCE
  • Latitude: 42.6816
  • Longitude: -71.1578

    Address

  • Full Address: 96 Gilbert St
  • Address - House Number: 96
  • 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: $352,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 469,063
  • High Value: 543,154
  • Low Value: 394,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $381,300
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $238,200

    Sales

  • Current Sale Recording Date: Dec 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29140
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:

$549,950

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1348 ft²

Average Home Age

79.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71746291

Frequently Asked Questions

When was property at 96 Gilbert Street built and last sold?
The property at 96 Gilbert Street was built in 1920 and last sold on Jan 1, 1970 for $169,900.
How much is this home worth?
The estimated value of the home located at 96 Gilbert Street is $190,500.
What are some comparable homes to 96 Gilbert Street?
There are currently no comparable homes to 96 Gilbert Street.
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