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Lawrence 01843 Mount Vernon
59 Jefferson Street
$290,000
● House - Off Market

59 Jefferson Street

Lawrence, MA 01843
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,798 Ft²
$581,890
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

First Floor Master, 2 full baths, hardwood floors, sunroom, very spacious rooms, finished basement with bar, 1 car garage with storage above, fenced-in yard -- these are just some of the features of this outstanding Cape!! Immaculate with many updates including new plumbing, new electric, new gutters. Incredibly deceiving from the outside.  Come take a look!!
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$164
Property Type
House
Property Taxes
$207
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: 5 months ago (MLSPIN #70058340)

Price History

Date / Event Date Event Price
Oct 5, 2004 Sold
Premium
Sold
Jul 2, 2004 Listed by Century 21 McLennan & Company $295,000
Listed by Century 21 McLennan & Company

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9,180
  • Total Building Area: 1,778
  • Gross Building Area: 3,660
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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: 114 0000 0009 A
  • Parcel: LAWR M:0114 B:0000 L:0009
  • Lot: 9
  • Municipality: LAWRENCE
  • Latitude: 42.6828
  • Longitude: -71.1634

    Address

  • Full Address: 59 Jefferson St
  • Address - House Number: 59
  • 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: $511,600

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 615,671
  • High Value: 727,458
  • Low Value: 503,884

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $553,100
  • Assessed Land Value: $157,300
  • Assessed Improvements Value: $395,800

    Sales

  • Current Sale Recording Date: Oct 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 46619
  • Previous Sale Recording Date: Jun 21, 2004
  • 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:

$549,950

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1348 ft²

Average Home Age

79.2 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: 5 months ago
Data Source: MLS PIN, MLS# 70058340

Frequently Asked Questions

When was property at 59 Jefferson Street built and last sold?
The property at 59 Jefferson Street was built in 1950 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 59 Jefferson Street is $328,532.
What are some comparable homes to 59 Jefferson Street?
There are currently no comparable homes to 59 Jefferson Street.
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