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Lowell 01851 Highlands
1 Etta Rd
$438,000
● House - Off Market

1 Etta Rd

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,823 Ft²
$543,321
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Location Location! Great 4 bedroom Ranch with an open floor plan, updated kitchen with granite countertops stainless steel appliances, breakfast bar, hardwood floors thru out 4 spacious bedrooms, one floor living, updated bathroom, great living room with large bow window, and a finished family room in the basement, that is perfect for a little karaoke or a game room this winter. This home has a large 2 car garage and has plenty of room for storage and a nice three season porch for those hot summer nights. All of this just a minute walk to Lowell Catholic and Callery park. If your a commuter just a five minute ride to Rt 3, Rt 495 and to the Lowell Train Station and Cross point Towers. Run don't walk to view this place before it's gone.
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$225
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1951

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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: 5 years ago (MLSPIN #72742876)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 14, 2020 Listed by LAER Realty Partners $409,900
Listed by LAER Realty Partners
Mar 22, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 9
  • Basement Area: 1,350
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,044
  • Total Building Area: 1,823
  • Gross Building Area: 3,755
  • Building Area: 1,823
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,823
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 311600

Zoning

  • Zoning: TSF

Geography

  • Account Number: C00945
  • Parcel: LOWE M:107 B:2165 L:1
  • Block: 2165
  • Lot: 1
  • Municipality: LOWELL
  • Latitude: 42.626
  • Longitude: -71.3283

    Address

  • Full Address: 1 Etta Rd
  • Address - House Number: 1
  • Address - Street Name: Etta
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C057
  • 4-Digit Zip Code: 4005
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $541,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 540,380
  • High Value: 641,156
  • Low Value: 439,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,700
  • Assessed Land Value: $178,700
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61959
  • Previous Sale Recording Date: Mar 22, 1999
  • Previous Sale Amount: $144,000
  • 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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2547 ft²

Average Home Age

88.1 years

Currently For Sale

32 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 years ago
Data Source: MLS PIN, MLS# 72742876

Frequently Asked Questions

When was property at 1 Etta Road built and last sold?
The property at 1 Etta Road was built in 1951 and last sold on Nov 12, 2020 for $438,000.
How much is this home worth?
The estimated value of the home located at 1 Etta Road is $421,694.
What are some comparable homes to 1 Etta Road?
There are currently no comparable homes to 1 Etta Road.
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