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Lawrence 01843 Mount Vernon
79 Beacon St
$355,000
● House - Off Market

79 Beacon St

Lawrence, MA 01843
bedrooms
2 Beds
bathrooms
1 Bath
square feet
910 Ft²
$2,134
Est. Monthly

About This Property

If you are looking for location, lot size, and affordability, look no further than this home with an over 10,000 sq ft lot located in the Mt Vernon area of South Lawrence.  Just bring your updating and decorating ideas to this two bedroom home with lots of potential; living room with small bay window, eat-in kitchen, bathroom, and mud room on first floor. Bonus sitting room upstairs along with the two bedrooms. The lot is enhanced by a fenced in backyard and detached garage with workbench. Newer roof, boiler and water heater.  Property to be sold as is.
Unit Size
910 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$414
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1880

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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 #73310523)

Price History

Date / Event Date Event Price
Jan 29, 2025 Sold
Premium
Sold
Dec 26, 2024 In contract -
In contract
Dec 10, 2024 Price Decreased $377,000
↓ $8K (2.1%)
Price Decreased
Nov 22, 2024 Price Increased $385,000
↑ $8K (2.1%)
Price Increased
Nov 7, 2024 Listed by Competitive Edge Real Estate Services $377,000
Listed by Competitive Edge Real Estate Services
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 10,770
  • Total Building Area: 910
  • Gross Building Area: 1,692
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 910
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000247
  • 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: 155 0000 0007 A
  • Parcel: LAWR M:0155 B:0000 L:0007
  • Lot: 7
  • Municipality: LAWRENCE
  • Latitude: 42.6825
  • Longitude: -71.173

    Address

  • Full Address: 79 Beacon St
  • Address - House Number: 79
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C039
  • 4-Digit Zip Code: 2029
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $339,100

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 354,416
  • High Value: 442,204
  • Low Value: 266,627

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,600
  • Assessed Land Value: $165,300
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Recording Date: Oct 28, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28848
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# 73310523

Frequently Asked Questions

When was property at 79 Beacon Street built and last sold?
The property at 79 Beacon Street was built in 1880 and last sold on Jan 1, 1970 for $90,000.
How much is this home worth?
The estimated value of the home located at 79 Beacon Street is $380,606.
What are some comparable homes to 79 Beacon Street?
There are currently no comparable homes to 79 Beacon Street.
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