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Lawrence 01841 Tower Hill
4 Fordham Rd
$275,000
● House - Off Market

4 Fordham Rd

Lawrence, MA 01841
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,467 Ft²
$380,198
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

TOO CUTE - is this cozy yet spacious cape style home in nice convenient location with close proximity to restaurants, highways, & shopping. A cute kitchen opens up to the nice bright den/playroom with wood stove and newer laminate flooring and 1/2 bath, large living room with wood floors and fireplace,and a dining room with wood floors & built in cabinet complete the main level. The second Floor features to good size bedrooms, wood flooring & a full bathroom.  Partially finished lower level includes a private entrance with a 3/4 bath and provides many options including a potential in-law, 3rd bedroom, game room, exercise room or home office. Some other updates include vinyl replacement windows, roof and view this property & take advantage of its Great Value!
Unit Size
1,467 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$170
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1945

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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: 4 months ago (MLSPIN #72414780)

Price History

Date / Event Date Event Price
Dec 31, 2018 Sold
Premium
Sold
Oct 24, 2018 Listed by Keller Williams Realty $249,900
Listed by Keller Williams Realty
Oct 3, 2002 Sold
Premium
Sold
Jul 22, 2002 Listed by Keller Williams Realty $189,900
Listed by Keller Williams Realty
Jul 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 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: 5,050
  • Total Building Area: 1,467
  • Gross Building Area: 2,846
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 225 0000 0033 A
  • Parcel: LAWR M:0225 B:0000 L:0033
  • Lot: 33
  • Municipality: LAWRENCE
  • Latitude: 42.6968
  • Longitude: -71.1848

    Address

  • Full Address: 4 Fordham Rd
  • Address - House Number: 4
  • Address - Street Name: Fordham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4806
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $368,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 493,175
  • High Value: 571,074
  • Low Value: 415,276

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,100
  • Assessed Land Value: $117,900
  • Assessed Improvements Value: $280,200

    Sales

  • Current Sale Contract Date: Dec 31, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31497
  • Previous Sale Recording Date: Oct 03, 2002
  • Previous Sale Amount: $180,000
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72414780

Frequently Asked Questions

When was property at 4 Fordham Road built and last sold?
The property at 4 Fordham Road was built in 1945 and last sold on Dec 31, 2018 for $275,000.
How much is this home worth?
The estimated value of the home located at 4 Fordham Road is $255,326.
What are some comparable homes to 4 Fordham Road?
There are currently no comparable homes to 4 Fordham Road.
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