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Lawrence 01841 Tower Hill
4 Tower Hill Street
$277,860
● House - Off Market

4 Tower Hill Street

Lawrence, MA 01841
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$416,859
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Perfect starter home on a gorgeous corner lot with finished walkout lower level in-law potential with kitchenette. Move right into this lovingly maintained open concept vinyl sided ranch with hardwood and tile floors, updated kitchen and bathrooms, newer windows, newer doors, freshly painted rooms, new roof in 2019 and off-street parking.  Super low utility bills with recent blown in insulation and there is a deleaded certificate.  Enjoy summer barbecues on the gorgeous freshly painted oversized deck overlooking the big beautiful yard.  Excellent commuter location on the Methuen line close to Route 93 and tax-free NH shopping!  Take advantage of this fabulous opportunity!  Showings will begin at the open houses Saturday 11/16/19 from 12:30-2:00pm and Sunday 11/17/19 from 1:00-2:30pm.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$238
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #72591287)

Price History

Date / Event Date Event Price
Dec 31, 2019 Sold
Premium
Sold
Nov 12, 2019 Listed by Century 21 North East $285,000
Listed by Century 21 North East
May 31, 2005 Sold
Premium
Sold
Mar 9, 2005 Listed by Century 21 North East $215,000
Listed by Century 21 North East
Jan 17, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 5,876
  • Total Building Area: 720
  • Gross Building Area: 1,695
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASABLANCAA TWNHS
  • Land Acres: 0000000135
  • 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 0086 A
  • Parcel: LAWR M:0225 B:0000 L:0086
  • Lot: 86
  • Municipality: LAWRENCE
  • Latitude: 42.6965
  • Longitude: -71.1836

    Address

  • Full Address: 4 Tower Hill St
  • Address - House Number: 4
  • Address - Street Name: Tower Hill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4808
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $332,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 413,679
  • High Value: 492,238
  • Low Value: 335,120

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $359,800
  • Assessed Land Value: $123,400
  • Assessed Improvements Value: $236,400

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33769
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Amount: $215,000
  • 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

4670 ft²

Average Home Age

118 years

Currently For Sale

11 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# 72591287

Frequently Asked Questions

When was property at 4 Towerhill Street built and last sold?
The property at 4 Towerhill Street was built in 1950 and last sold on Dec 9, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 4 Towerhill Street is $290,373.
What are some comparable homes to 4 Towerhill Street?
There are currently no comparable homes to 4 Towerhill Street.
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