For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lawrence 01843 Mount Vernon
55 Jefferson St
$425,000
● House - Off Market

55 Jefferson St

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,376 Ft²
$518,966
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Mt. Vernon area Jefferson Street newly renovated 2 bedroom (with possibility for 3 bedroom) ranch on corner lot with updated furnace and electrical system and new floor in kitchen. The soft colored, freshly painted walls blend beautifully with refinished hardwood floors & newly carpeted family room. The patio area and backyard are generously sized and are also carefree with an irrigation system.
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$287
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1951

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 years ago (MLSPIN #72743564)

Price History

Date / Event Date Event Price
Dec 7, 2020 Sold
Premium
Sold
Oct 15, 2020 Listed by EMPIREâ„¢ $395,000
Listed by EMPIREâ„¢

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • 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: 9,627
  • Total Building Area: 1,596
  • Gross Building Area: 3,462
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • 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: 115 0000 0002 A
  • Parcel: LAWR M:0115 B:0000 L:0002
  • Lot: 2
  • Municipality: LAWRENCE
  • Latitude: 42.6832
  • Longitude: -71.1636

    Address

  • Full Address: 55 Jefferson St
  • Address - House Number: 55
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C042
  • 4-Digit Zip Code: 2427
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 571,006
  • High Value: 674,683
  • Low Value: 467,329

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,700
  • Assessed Land Value: $160,700
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34780
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72743564

Frequently Asked Questions

When was property at 55 Jefferson Street built and last sold?
The property at 55 Jefferson Street was built in 1951 and last sold on Dec 4, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 55 Jefferson Street is $0.
What are some comparable homes to 55 Jefferson Street?
There are currently no comparable homes to 55 Jefferson Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lawrence Homes for Sale
Lawrence Houses for Sale
Lawrence Condos for Sale
Lawrence Townhouses for Sale
Lawrence Multifamily for Sale
Lawrence Land for Sale
Lawrence Commercial for Sale
Lawrence Homes with Basements
Nearby Cities
Methuen Town Homes for Sale
Andover Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Hillsborough County, NH Property Records
Norfolk County, MA Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Tower Hill Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
South Common Real Estate
South West Real Estate
North Common Real Estate
Colonial Heights Real Estate
Nearby Counties
Methuen Town Homes for Sale
Andover Homes for Sale
North Andover Homes for Sale
Top Real Estate Agents
Top Agents in Mount Vernon
Top Agents in Lawrence
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844
Top Agents in Andover
Top Agents in 01810
Top Agents in North Andover