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Lawrence 01843 Mount Vernon
3 Jefferson St
$400,000
● House - Off Market

3 Jefferson St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$362,702
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great starter home. Solid house that needs some TLC. Convenient location to highways. This home features an eat-in kitchen with loads of cabinets, formal dining room with wood flooring, living room with wood flooring, a first floor bedroom and a updated bathroom with tile flooring and walk-in shower. The second floor offers two front to back bedrooms both with wood floors. The basement is heated and offers expansion possibility. Off street parking, a shed and nice back yard. Don't miss out!
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$293
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1950

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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 #72947683)

Price History

Date / Event Date Event Price
May 19, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Keller Williams Realty $359,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 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: 1,229
  • Gross Building Area: 2,364
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 2

    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 0014 A
  • Parcel: LAWR M:0137 B:0000 L:0014
  • Lot: 14
  • Municipality: LAWRENCE
  • Latitude: 42.6889
  • Longitude: -71.1679

    Address

  • Full Address: 3 Jefferson St
  • Address - House Number: 3
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2417
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $352,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 476,954
  • High Value: 567,339
  • Low Value: 386,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $380,700
  • Assessed Land Value: $141,700
  • Assessed Improvements Value: $239,000

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 11879
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# 72947683

Frequently Asked Questions

When was property at 3 Jefferson Street built and last sold?
The property at 3 Jefferson Street was built in 1950 and last sold on May 19, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 3 Jefferson Street is $377,318.
What are some comparable homes to 3 Jefferson Street?
There are currently no comparable homes to 3 Jefferson Street.
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