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Lawrence 01843 Mount Vernon
57 Jefferson Street
$284,000
● House - Off Market

57 Jefferson Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,382 Ft²
$415,850
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

South Lawrence is the location of this traditional Cape Cod home with 6 rooms, 3 bedrooms. Fantastic flat lot of land. Original hardwood floors on the first floor and second floor. First floor offers 2 bedrooms. Garage with attached screened porch. Birch and vinyl comprise the exterior. Period details, some replacement windows. It is time to customize this home to make it your own showplace.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$199
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #72353650)

Price History

Date / Event Date Event Price
Aug 20, 2018 Sold
Premium
Sold
Jun 26, 2018 Listed by RE/MAX Main St. Associates $274,900
Listed by RE/MAX Main St. Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 8,940
  • Total Building Area: 1,382
  • Gross Building Area: 2,669
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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 0001 A
  • Parcel: LAWR M:0115 B:0000 L:0001
  • Lot: 1
  • Municipality: LAWRENCE
  • Latitude: 42.683
  • Longitude: -71.1635

    Address

  • Full Address: 57 Jefferson St
  • Address - House Number: 57
  • 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: $385,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 495,156
  • High Value: 584,377
  • Low Value: 405,935

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $416,600
  • Assessed Land Value: $155,600
  • Assessed Improvements Value: $261,000

    Sales

  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20360
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72353650

Frequently Asked Questions

When was property at 57 Jefferson Street built and last sold?
The property at 57 Jefferson Street was built in 1940 and last sold on Jan 1, 1970 for $284,000.
How much is this home worth?
The estimated value of the home located at 57 Jefferson Street is $299,638.
What are some comparable homes to 57 Jefferson Street?
There are currently no comparable homes to 57 Jefferson Street.
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