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Methuen Town 01844
9 Hobson Street
Photo of 9 Hobson Street
Sold on Jun 30, 2006

1

Map

$307,000
● House - Off Market

9 Hobson Street

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,085 Ft²
$538,342
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

West Methuen Gambrel with attached 2 car garage,"In-Law" over garage with separate entrance & utilities. Main house features 7 rooms, 3 or 4 bedrooms, 2 full baths, brick fireplace and central A/C. Additional living area features a kitchen, 1 bedroom, living room and full bath. Level lot with above ground pool. House is in need of interior painting and needs new carpets. Great potential!!!
Unit Size
2,085 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$153
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1978

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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: 6 months ago (MLSPIN #70338279)

Price History

Date / Event Date Event Price
Jul 3, 2006 Sold
Premium
Sold
Feb 28, 2006 Listed $319,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,770
  • Total Building Area: 2,334
  • Gross Building Area: 3,732
  • Building Area: 2,334
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,334
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERT ROYER
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252101

Zoning

  • Zoning: RD

Geography

  • Account Number: 9729
  • Parcel: METH M:00516 B:00151 L:00130A
  • Block: 151
  • Lot: 130A
  • Municipality: METHUEN
  • Latitude: 42.7074
  • Longitude: -71.2008

    Address

  • Full Address: 9 Hobson St
  • Address - House Number: 9
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Methuen
  • Carrier Code: C024
  • 4-Digit Zip Code: 3416
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $572,200

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 601,996
  • High Value: 711,432
  • Low Value: 492,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,100
  • Assessed Land Value: $172,200
  • Assessed Improvements Value: $316,900

    Sales

  • Current Sale Recording Date: Jul 03, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22516
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 Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2230 ft²

Average Home Age

57.5 years

Currently For Sale

65 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70338279

Frequently Asked Questions

When was property at 9 Hobson Street built and last sold?
The property at 9 Hobson Street was built in 1978 and last sold on Jan 1, 1970 for $307,000.
How much is this home worth?
The estimated value of the home located at 9 Hobson Street is $338,358.
What are some comparable homes to 9 Hobson Street?
There are currently no comparable homes to 9 Hobson Street.
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