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Lawrence 01843 Mount Vernon
98 Weare St
$250,000
● House - Off Market

98 Weare St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,656 Ft²
$396,740
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

With a brand new heating system this house is in great condition. You must see it to appreciate the huge living room and the care that has been put into this house. Make your appointment today!
Unit Size
1,656 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$142
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1900

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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 #72026526)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
Jun 21, 2016 Listed by Coco, Early & Associates $234,900
Listed by Coco, Early & Associates
Sep 1, 2009 Sold
Premium
Sold
Jun 11, 2009 Listed by Renaissance REALTORS® $185,000
Listed by Renaissance REALTORS®
REFURBISHED in 2009, Large 25' x 24' Living Room with 9' Ceiling, Large Kitchen, New Plumming, New Electrical Including 200 Amp Electrical Service, New Security Alarm System, New Appliances, New Central Vacume System, New Network and Phone Cat5 Wiring, Tiffany Style Chandaliers and Wall Sconces, Fine Ceiling Fans, Recessed Lights, Insulated Windows and Doors. This Home Offers Too Much To Mention. Do Not Miss Out On This Home.
Feb 20, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 3,600
  • Total Building Area: 1,600
  • Gross Building Area: 3,324
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,600
  • 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 0080 A
  • Parcel: LAWR M:0094 B:0000 L:0080
  • Lot: 80
  • Municipality: LAWRENCE
  • Latitude: 42.6822
  • Longitude: -71.1582

    Address

  • Full Address: 98 Weare St
  • Address - House Number: 98
  • 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: $393,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 514,238
  • High Value: 610,518
  • Low Value: 417,958

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $424,900
  • Assessed Land Value: $114,500
  • Assessed Improvements Value: $310,400

    Sales

  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22642
  • Previous Sale Recording Date: Sep 01, 2009
  • Previous Sale Amount: $170,000
  • 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

$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# 72026526

Frequently Asked Questions

When was property at 98 Weare Street built and last sold?
The property at 98 Weare Street was built in 1900 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 98 Weare Street is $265,089.
What are some comparable homes to 98 Weare Street?
There are currently no comparable homes to 98 Weare Street.
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