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Haverhill 01832
23 Tower Ave
$240,000
● House - Off Market

23 Tower Ave

Haverhill, MA 01832
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,236 Ft²
$1,698
Est. Monthly

About This Property

Opportunity awaits in this hidden gem located at the end of a quiet, secluded public road. Situated on a spacious 20,000 sq ft lot, 23 Tower Ave & 0 Tower Ave are being sold together, offering tremendous potential for redevelopment or a custom project. The existing structure has been fully stripped to the studs, making it ideal for a seasoned contractor or investor looking for a complete rebuild. Please note, the septic system is currently non-functional, and any necessary Title 5 inspection and certificate are the responsibility of the buyer. This unique opportunity presents the perfect canvas for your next project-don't miss your chance to transform this private setting into something remarkable.
Unit Size
1,236 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$218
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #73309379)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Dec 9, 2024 In contract -
In contract
Nov 4, 2024 Listed by Century 21 McLennan & Company $269,900
Listed by Century 21 McLennan & Company
Aug 23, 2019 Sold
Premium
Sold
Jul 9, 2019 Listed by Century 21 McLennan & Company $120,000
Listed by Century 21 McLennan & Company
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,236
  • Gross Building Area: 1,636
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Haverhill School District
  • Census Tract: 260900

Geography

  • Parcel: HAVE M:0553 B:00001 L:23
  • Block: 1
  • Lot: 23
  • Municipality: HAVERHILL
  • Latitude: 42.772
  • Longitude: -71.0996

    Address

  • Full Address: 23 Tower Ave
  • Address - House Number: 23
  • Address - Street Name: Tower
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Haverhill
  • Carrier Code: C006
  • 4-Digit Zip Code: 4631
  • Zip Code: 01832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $275,600

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 328,033
  • High Value: 389,356
  • Low Value: 266,711

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,200
  • Assessed Land Value: $115,300
  • Assessed Improvements Value: $131,900

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190823003640
  • Previous Sale Recording Date: Nov 03, 2017
  • Previous Sale Amount: $92,000
  • 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 Haverhill

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$310

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2170 ft²

Average Home Age

16.3 years

Currently For Sale

125 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

Unit for rent at 5 Batchelder, Haverhill, 01832

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,512 ft²
5 Batchelder #301, Haverhill, 01832 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73309379

Frequently Asked Questions

When was property at 23 Tower Avenue built and last sold?
The property at 23 Tower Avenue was built in 1920 and last sold on Aug 9, 2019 for $120,000.
How much is this home worth?
The estimated value of the home located at 23 Tower Avenue is $265,275.
What are some comparable homes to 23 Tower Avenue?
There are currently no comparable homes to 23 Tower Avenue.
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