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Lawrence 01841 Tower Hill
9 Fordham Rd
$289,500
● House - Off Market

9 Fordham Rd

Lawrence, MA 01841
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,541 Ft²
$459,224
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Charming Cape with finished basement in a great neighborhood. This home has been extensively renovated with all new furnace/boiler, appliances, flooring in kitchen & bath, new bath vanity/top, refinished and stained hardwood floors. This home has been freshly painted throughout.
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$188
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1938

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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 #72232926)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Sep 22, 2017 Listed by Hillman Real Estate $289,500
Listed by Hillman Real Estate
Aug 21, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5,035
  • Total Building Area: 1,541
  • Gross Building Area: 3,164
  • Building Area: 1,541
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,541
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANDVIEW HEIGHTS
  • 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 0043 A
  • Parcel: LAWR M:0225 B:0000 L:0043
  • Lot: 43
  • Municipality: LAWRENCE
  • Latitude: 42.6969
  • Longitude: -71.1843

    Address

  • Full Address: 9 Fordham Rd
  • Address - House Number: 9
  • Address - Street Name: Fordham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C010
  • 4-Digit Zip Code: 4805
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $395,800

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 510,084
  • High Value: 606,950
  • Low Value: 413,218

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,900
  • Assessed Land Value: $117,800
  • Assessed Improvements Value: $310,100

    Sales

  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30163
  • Previous Sale Recording Date: Aug 21, 2017
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: 34
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

$285

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2268 ft²

Average Home Age

115.8 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# 72232926

Frequently Asked Questions

When was property at 9 Fordham Road built and last sold?
The property at 9 Fordham Road was built in 1938 and last sold on Jan 1, 1970 for $289,500.
How much is this home worth?
The estimated value of the home located at 9 Fordham Road is $298,236.
What are some comparable homes to 9 Fordham Road?
There are currently no comparable homes to 9 Fordham Road.
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