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Lawrence 01843 Mount Vernon
17 Jefferson St
$203,000
● House - Off Market

17 Jefferson St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,373 Ft²
$390,318
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

MOTIVATED SELLER WILL CONTRIBUTE $2000 TOWARD CLOSING COSTS! Six room cape in desirable Mt. Vernon neighborhood!  Vinyl exterior with brick front, on nicely situated level lot.  Bright sun-room with morning and afternoon sun to enjoy through the winter. Kitchen-dining area with built-in cabinet. Bay windows in dining area and living room. Full bath and bedroom complete first floor. Second floor offers a half bath and two good sized bedrooms with built-in drawers and plenty of storage under eaves. Newer windows and updated heating system. Two spacious workbenches in basement. One car garage with a new roof and plenty of off street parking.  Right on bus line and very convenient to Rtes. 495 and 93. Affordable home ownership in a nice neighborhood!
Unit Size
1,373 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$151
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1945

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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 #71610764)

Price History

Date / Event Date Event Price
Apr 23, 2014 Sold
Premium
Sold
Nov 21, 2013 Listed by McKiernan Real Estate $206,900
Listed by McKiernan Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7,000
  • Total Building Area: 1,373
  • Gross Building Area: 2,472
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 137 0000 0074 A
  • Parcel: LAWR M:0137 B:0000 L:0074
  • Lot: 74
  • Municipality: LAWRENCE
  • Latitude: 42.6878
  • Longitude: -71.1665

    Address

  • Full Address: 17 Jefferson St
  • Address - House Number: 17
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2419
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,000

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 516,180
  • High Value: 612,824
  • Low Value: 419,537

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,700
  • Assessed Land Value: $141,700
  • Assessed Improvements Value: $308,000

    Sales

  • Current Sale Recording Date: Apr 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7868
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

1175 ft²

Average Home Age

75.4 years

Currently For Sale

5 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# 71610764

Frequently Asked Questions

When was property at 17 Jefferson Street built and last sold?
The property at 17 Jefferson Street was built in 1945 and last sold on Jan 1, 1970 for $203,000.
How much is this home worth?
The estimated value of the home located at 17 Jefferson Street is $233,261.
What are some comparable homes to 17 Jefferson Street?
There are currently no comparable homes to 17 Jefferson Street.
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