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South Eliot 03903
2 Hobbs Circle
Listed by: Jaye Morton, Carey Giampa, LLC/Rye, Selling Office: The Gove Group Real Estate, LLC, Listing Courtesy of Prime MLS
$227,000
● House - Off Market

2 Hobbs Circle

Eliot, ME 03903
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,110 Ft²
$411,779
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

This open concept cape with twin window dormers will captivate you the minute you walk in. Tasteful decor is fresh and clean, no real work to do here. New stainless appliances, hardwood floors, renovated bath, newer heating system and roof. 1st floor master and full bath, 2 additional bedrooms up. And the lawn, once it makes an appearance, is the envy of the neighborhood. Spacious corner lot, a quick hop to Portsmouth.
Unit Size
1,110 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$207
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1942

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4402897)

Price History

Date / Event Date Event Price
Apr 28, 2021 Sold
Premium
Sold
Mar 19, 2021 Listed by Carey Giampa, LLC/Rye $349,000
Listed by Carey Giampa, LLC/Rye
Jul 18, 2018 Sold
Premium
Sold
May 15, 2018 Listed by Carey Giampa, LLC/Rye $275,000
Listed by Carey Giampa, LLC/Rye
May 28, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 7
  • Basement Area: 753
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Total Building Area: 1,110
  • Gross Building Area: 2,219
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: School Administrative District 35
  • School Tax School District: RSU 35/MSAD 35
  • Census Tract: 037000

Zoning

  • Zoning: VD

Geography

  • Parcel: ELIO M:7 B:32 L:
  • Block: 32
  • Municipality: ELIOT
  • Latitude: 43.1076
  • Longitude: -70.776

    Address

  • Full Address: 2 Hobbs Cir
  • Address - House Number: 2
  • Address - Street Name: Hobbs
  • Address - Suffix Type: Cir
  • State: ME
  • City Name: Eliot
  • Carrier Code: C001
  • 4-Digit Zip Code: 2207
  • Zip Code: 03903

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $420,400

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 503,993
  • High Value: 600,127
  • Low Value: 407,859

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $347,400
  • Assessed Land Value: $138,700
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021024436
  • Previous Sale Recording Date: Jul 18, 2018
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: 40
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 South Eliot

Stats & Trends

Median Asking:

$647,000

Sale Price/ft²

$340

Below Asking

0.06%

Average Days on Market

72

Average Home Size

3052 ft²

Average Home Age

57 years

Currently For Sale

1 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

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Prime

Listed by: Jaye Morton, Carey Giampa, LLC/Rye
Last Updated Date: 2015-05-28
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4402897
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2 Hobbs Circle built and last sold?
The property at 2 Hobbs Circle was built in 1942 and last sold on Apr 28, 2021 for $375,000.
How much is this home worth?
The estimated value of the home located at 2 Hobbs Circle is $0.
What are some comparable homes to 2 Hobbs Circle?
There are currently no comparable homes to 2 Hobbs Circle.
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