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Lawrence 01841 Tower Hill
10 Hillside Ave
$209,000
● House - Off Market

10 Hillside Ave

Lawrence, MA 01841
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,362 Ft²
$1,274
Est. Monthly
23.96%
Cap Rate

About This Property

The charming elegance of yesteryear is evident in this 9 room/4 bedroom Tower Hill colonial with hardwood floors and a large foyer. The large eat-in kitchen is serviced by a galley kitchen.  The formal dining room has built-in china cabinets, and leaded glass piano windows.  The living room features a fireplace.  The den has pocket doors with glass. The walk up attic has room for expansion possibilities.  The porches as well as the 2nd floor sunroom add nice space for relaxing and quiet time.
Unit Size
2,362 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$88
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1910

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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: 2 years ago (MLSPIN #71073679)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Century 21 McLennan & Company $399,900
Listed by Century 21 McLennan & Company
Apr 30, 2010 Listed by Century 21 McLennan & Company $209,000
Listed by Century 21 McLennan & Company
Oct 28, 1991 Sold
Premium
Sold
Oct 26, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,383
  • Total Building Area: 2,362
  • Gross Building Area: 5,134
  • Building Area: 2,362
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 250200

Geography

  • Account Number: 229 0000 0040 A
  • Parcel: LAWR M:0229 B:0000 L:0040
  • Lot: 40
  • Municipality: LAWRENCE
  • Latitude: 42.7055
  • Longitude: -71.1843

    Address

  • Full Address: 10 Hillside Ave
  • Address - House Number: 10
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C021
  • 4-Digit Zip Code: 3252
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $433,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 553,465
  • High Value: 655,349
  • Low Value: 451,582

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $468,800
  • Assessed Land Value: $120,100
  • Assessed Improvements Value: $348,700

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25567
  • Previous Sale Recording Date: Oct 28, 1991
  • Previous Sale Amount: $107,300
  • 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 Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2548 ft²

Average Home Age

125 years

Currently For Sale

10 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71073679

Frequently Asked Questions

When was property at 10 Hillside Avenue built and last sold?
The property at 10 Hillside Avenue was built in 1910 and last sold on Jul 30, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 10 Hillside Avenue is $421,849.
What are some comparable homes to 10 Hillside Avenue?
There are currently no comparable homes to 10 Hillside Avenue.
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