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Lawrence 01843 Mount Vernon
56 Beacon St
$225,000
● House - Off Market

56 Beacon St

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$403,627
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Beautiful Mount Vernon neighborhood ! Enjoy this excellent location with tremendous access to shopping, highways, entertainment PLUS all that neighboring communities of Andover/North Andover have to offer ! This home has been beautifully maintained by this owner for the last ten years! Move in ready as your first home or "empty nest" home or investment opportunity! The private yard has a comfortable deck for entertaining, privacy and quiet enjoyment. This open floor plan is bright and airy, offering a dining room off the kitchen and livingroom. A first floor bedroom offers tremendous flexibility. Two bedrooms on the second floor and a full basement give you plenty of space to make this house your perfect HOME !
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$217
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1957

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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 #72044558)

Price History

Date / Event Date Event Price
Dec 15, 2016 Sold
Premium
Sold
Jul 27, 2016 Listed by The Realty Concierge $239,900
Listed by The Realty Concierge
May 25, 2006 Sold
Premium
Sold
Mar 28, 2006 Listed by The Realty Concierge $258,000
Listed by The Realty Concierge
Nov 13, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 9,060
  • Total Building Area: 1,178
  • Gross Building Area: 2,743
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 157 0000 0020 A
  • Parcel: LAWR M:0157 B:0000 L:0020
  • Lot: 20
  • Municipality: LAWRENCE
  • Latitude: 42.6854
  • Longitude: -71.1733

    Address

  • Full Address: 56 Beacon St
  • Address - House Number: 56
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C044
  • 4-Digit Zip Code: 2024
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,600

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 495,025
  • High Value: 584,906
  • Low Value: 405,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $389,800
  • Assessed Land Value: $141,500
  • Assessed Improvements Value: $248,300

    Sales

  • Current Sale Recording Date: Dec 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33608
  • Previous Sale Recording Date: May 25, 2006
  • Previous Sale Amount: $245,000
  • 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# 72044558

Frequently Asked Questions

When was property at 56 Beacon Street built and last sold?
The property at 56 Beacon Street was built in 1957 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 56 Beacon Street is $255,632.
What are some comparable homes to 56 Beacon Street?
There are currently no comparable homes to 56 Beacon Street.
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