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Lawrence 01841 Tower Hill
2 Hobson St
Photo of 2 Hobson St
Sold on Jul 29, 2011

1

Map

$130,000
● House - Off Market

2 Hobson St

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,430 Ft²
$295,574
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Great upper Towerhill home that sits on a corner lot with much charm, including a very nice yard along with wonderful perennials. Pride of ownership shows throughout as this home boast vinyl siding, some newer windows as well as hardwood floors both exposed and under carpets. Do not hesitate to make an appointment today as you will not be disappointed.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$94
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #71206327)

Price History

Date / Event Date Event Price
Apr 30, 2019 Sold
Premium
Sold
Mar 24, 2019 Listed by Coco, Early & Associates $285,000
Listed by Coco, Early & Associates
Aug 29, 2017 Sold
Premium
Sold
Jul 15, 2017 Listed by Coco, Early & Associates $199,900
Listed by Coco, Early & Associates
Jul 29, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 5,000
  • Total Building Area: 1,430
  • Gross Building Area: 2,274
  • Building Area: 1,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND VIEW HEIGHTS PLAN 0229
  • Land Acres: 0000000115
  • 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: 251400

Geography

  • Account Number: 205 0000 0024 A
  • Parcel: LAWR M:0205 B:0000 L:0024
  • Lot: 24
  • Municipality: LAWRENCE
  • Latitude: 42.6971
  • Longitude: -71.1819

    Address

  • Full Address: 2 Hobson St
  • Address - House Number: 2
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4914
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $341,200

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 450,307
  • High Value: 535,821
  • Low Value: 364,792

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $368,900
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Contract Date: Apr 30, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9275
  • Previous Sale Recording Date: Aug 29, 2017
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: O
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

2538 ft²

Average Home Age

126 years

Currently For Sale

9 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: 3 months ago
Data Source: MLS PIN, MLS# 71206327

Frequently Asked Questions

When was property at 2 Hobson Street built and last sold?
The property at 2 Hobson Street was built in 1900 and last sold on Apr 30, 2019 for $280,000.
How much is this home worth?
The estimated value of the home located at 2 Hobson Street is $286,869.
What are some comparable homes to 2 Hobson Street?
There are currently no comparable homes to 2 Hobson Street.
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