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Lawrence 01843 Mount Vernon
2 Jefferson Street
$250,000
● House - Off Market

2 Jefferson Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$463,418
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

Beautiful 3-4 bedroom Mt.Vernon Cape locoted on spacious level corner lot. Features include fenced yard, beautiful hardwood floors, large patio, enclosed porch,updated 100 amp electrical system, new roof in 2004, easy access to RTEs 495, 28 & 93.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$203
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1943

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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: 4 months ago (MLSPIN #70152267)

Price History

Date / Event Date Event Price
Jun 17, 2005 Sold
Premium
Sold
Mar 2, 2005 Listed by Coco, Early & Associates $259,700
Listed by Coco, Early & Associates
Jun 1, 2004 Sold
Premium
Sold
Apr 7, 2004 Listed by Coco, Early & Associates $269,900
Listed by Coco, Early & Associates
Aug 31, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 9,800
  • Total Building Area: 1,229
  • Gross Building Area: 2,400
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • 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: 0000000225
  • 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 0027 A
  • Parcel: LAWR M:0137 B:0000 L:0027
  • Lot: 27
  • Municipality: LAWRENCE
  • Latitude: 42.6893
  • Longitude: -71.1678

    Address

  • Full Address: 2 Jefferson St
  • Address - House Number: 2
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2418
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $369,300

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 494,328
  • High Value: 586,880
  • Low Value: 401,776

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,200
  • Assessed Land Value: $161,900
  • Assessed Improvements Value: $237,300

    Sales

  • Current Sale Recording Date: Jun 17, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21769
  • Previous Sale Recording Date: Jun 01, 2004
  • Previous Sale Amount: $255,000
  • 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

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70152267

Frequently Asked Questions

When was property at 2 Jefferson Street built and last sold?
The property at 2 Jefferson Street was built in 1943 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 2 Jefferson Street is $278,397.
What are some comparable homes to 2 Jefferson Street?
There are currently no comparable homes to 2 Jefferson Street.
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