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$410,000
● House - Off Market

62 Beacon

Lawrence, MA
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,730 Ft²
$422,204
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

So Lawrence desirable 5 Bedroom Cape in Mt Vernon area. Easy access to 495, 93 and short drive to Boston, Airports, Bus,Train Station and all area amenities. Nice set up for in-law situation.
Unit Size
1,730 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$237
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72913938)

Price History

Date / Event Date Event Price
Mar 15, 2022 Sold
Premium
Sold
Oct 28, 2021 Listed by Century 21 North East $410,000
Listed by Century 21 North East

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: First
Level: First
Level: Second
Level: First
Level: Second
Level: First
Features: No
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Electric Water Heater, Solar Hot Water, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Basement
Rooms: 9
Basement: Partial
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Features: Cleared
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Zoning: RES
Parcel Number: 4207899
Water Source: Public
Financial Details
Tax Map Number: 0156
Tax Assessed Value: $297,100
Tax Annual Amount: $3,645
Utilities Details
Utilities: for Gas Range
Cooling Type: Wall Unit(s), 3 or More, Active Solar
Heating Type: Natural Gas, Active Solar
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72913938
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