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Lawrence 01843 Mount Vernon
54 Jefferson St
$290,000
● House - Off Market

54 Jefferson St

Lawrence, MA 01843
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,922 Ft²
$505,801
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Location, location  in Mount Vernon section of So. Lawrence is this 5 bedroom Cape.. Looks are deceiving, definitely must be seen to be appreciated.  This home features a heated sunroom to enjoy year round,  open concept living room that leads to eat in kitchen  with all appliances included, a slider leads off dining area  to  oversized deck with private back yard that is fenced in,  and nicely landscaped back yard to enjoy your summer nights. Two bedrooms on first floor, two bedrooms on second level, plus finished den and additional bedroom in the basement.. This home has been freshly painted, newer roof and new oil tank. Great family home that awaits new owners. Close to highway for the commuters..
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$156
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1958

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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 #71998191)

Price History

Date / Event Date Event Price
Jul 1, 2016 Sold
Premium
Sold
May 2, 2016 Listed by RE/MAX Insight $299,000
Listed by RE/MAX Insight
Oct 2, 2006 Sold
Premium
Sold
Aug 8, 2006 Listed by RE/MAX Insight $304,000
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 10,120
  • Total Building Area: 1,489
  • Gross Building Area: 3,602
  • Building Area: 1,489
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,489
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 116 0000 0062 A
  • Parcel: LAWR M:0116 B:0000 L:0062
  • Lot: 62
  • Municipality: LAWRENCE
  • Latitude: 42.6854
  • Longitude: -71.1633

    Address

  • Full Address: 54 Jefferson St
  • Address - House Number: 54
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C041
  • 4-Digit Zip Code: 2404
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 547,741
  • High Value: 650,294
  • Low Value: 445,189

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $448,900
  • Assessed Land Value: $163,500
  • Assessed Improvements Value: $285,400

    Sales

  • Current Sale Recording Date: Jul 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16220
  • Previous Sale Recording Date: Oct 02, 2006
  • Previous Sale Amount: $290,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71998191

Frequently Asked Questions

When was property at 54 Jefferson Street built and last sold?
The property at 54 Jefferson Street was built in 1958 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 54 Jefferson Street is $301,406.
What are some comparable homes to 54 Jefferson Street?
There are currently no comparable homes to 54 Jefferson Street.
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