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Lawrence 01841 Tower Hill
21 Hobson
$116,500
● House - Off Market

21 Hobson

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$257,407
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

A 3 BEDROOM HOME FOR UNDER $120,00?!? This charming 3 bedroom ranch is located in the Tower Hill section of Lawrence. This is NOT a short sale just a great deal and an affordable opportunity to make the dream of home ownership a reality! Some cosmetic updating will bring this home back to it's original charm. Nice large yard, off street parking, HUGE basement with high ceiling would make a fantastic play room, media room or home office. Newer hot water tank and NEW furnace! Don't miss this one!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$120
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1970

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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 months ago (MLSPIN #71371880)

Price History

Date / Event Date Event Price
Jul 18, 2012 Sold
Premium
Sold
Apr 24, 2012 Listed by Keller Williams Realty $119,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 4,500
  • Total Building Area: 1,000
  • Gross Building Area: 2,040
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN W DUFFY
  • Land Acres: 0000000103
  • 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 0033 A
  • Parcel: LAWR M:0205 B:0000 L:0033
  • Lot: 33
  • Municipality: LAWRENCE
  • Latitude: 42.6982
  • Longitude: -71.1819

    Address

  • Full Address: 21 Hobson St
  • Address - House Number: 21
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4909
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $297,900

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 390,093
  • High Value: 464,173
  • Low Value: 316,014

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $322,100
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Recording Date: Jul 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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

2752 ft²

Average Home Age

116.7 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 71371880

Frequently Asked Questions

When was property at 21 Hobson Street built and last sold?
The property at 21 Hobson Street was built in 1970 and last sold on Jan 1, 1970 for $116,500.
How much is this home worth?
The estimated value of the home located at 21 Hobson Street is $127,083.
What are some comparable homes to 21 Hobson Street?
There are currently no comparable homes to 21 Hobson Street.
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