79 Hobson St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Century 21 North East | $499,000 | |
| Listed by Century 21 North East | |||
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3 bedroom/ 1 bath cape in ultra convenient Saugus location. Tucked away in a quiet neighborhood but with easy access to the highway and shopping - this property offers the best of both worlds. Loved by the same family for almost 40 years, 79 Hobson is ready for its new owners. Updates include; gas furnace 2024, hot water heater 2024, above ground pool liner 2023 & filter 2024, rear deck (2019/ 2020). The first level offers living room with hardwood flooring, formal dining room, kitchen, full updated bath and optional primary bedroom. 2nd floor offers 2 additional bedrooms and a partially finished (dry) basement completes the space. Large, level lot is generous with mature landscape, above ground pool and ample parking. This one has loads of potential and is perfect for the buyer hoping to build some sweat equity. Don't miss out on this sweet deal on a quite dead end street!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017