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Lawrence 01843 Mount Vernon
97 Sylvester St
$440,000
● House - Off Market

97 Sylvester St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$413,456
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

**OFFER DEADLINE MONDAY 8/28 @5PM** In the sought-after neighborhood of Mount Vernon, this spacious single-family home is ready for your personal touch. Located on Sylvester St, you'll enjoy a peaceful setting while still being within close proximity to a range of amenities. This prime location offers convenient access to schools, parks, shopping centers, and dining options, ensuring you're never far from what you need. The home boasts a spacious and flat backyard, perfect for those summer gatherings! Roof, furnace and boiler all replaced within the past 5 years. Open house Friday 5:30-7, Sat & Sun 11:30-1:30
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$338
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1948

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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 #73151677)

Price History

Date / Event Date Event Price
Oct 3, 2023 Sold
Premium
Sold
Aug 29, 2023 In contract -
In contract
Aug 23, 2023 Listed by Chinatti Realty Group, Inc. $415,000
Listed by Chinatti Realty Group, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 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: 5,400
  • Total Building Area: 1,229
  • Gross Building Area: 2,591
  • 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: 0000000124
  • 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 0032 A
  • Parcel: LAWR M:0094 B:0000 L:0032
  • Lot: 32
  • Municipality: LAWRENCE
  • Latitude: 42.6814
  • Longitude: -71.157

    Address

  • Full Address: 97 Sylvester St
  • Address - House Number: 97
  • Address - Street Name: Sylvester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C038
  • 4-Digit Zip Code: 3619
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $375,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 486,037
  • High Value: 577,037
  • Low Value: 395,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,600
  • Assessed Land Value: $130,200
  • Assessed Improvements Value: $275,400

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 16374
  • Previous Sale Recording Date: Dec 16, 2014
  • 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: 4 months ago
Data Source: MLS PIN, MLS# 73151677

Frequently Asked Questions

When was property at 97 Sylvester Street built and last sold?
The property at 97 Sylvester Street was built in 1948 and last sold on Oct 3, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 97 Sylvester Street is $429,632.
What are some comparable homes to 97 Sylvester Street?
There are currently no comparable homes to 97 Sylvester Street.
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