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Lowell 01851 Highlands
1 Ware St
$215,000
● House - Off Market

1 Ware St

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,910 Ft²
$347,550
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Lowell home ready for you to put your finishing touches on!  Many critical updates completed, heating system updated, chimney repaired, gutters and new roof installed. 4 bedroom home on a corner lot located in convenient location for shopping and public transportation. Newer refrigerator, and updated back splash in a nice eat in kitchen with extra kitchen space off the end of the kitchen. This home offers a first floor bedroom, as well as three other bedrooms and full bath upstairs. The basement is partially finished and could be a perfect space for game, recreation, or TV room. Another room in the basement could be a perfect home office.  The backyard/driveway is fenced in and can accommodate a vehicle. Must see!
Unit Size
1,910 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$120
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1900

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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: 4 years ago (MLSPIN #72365826)

Price History

Date / Event Date Event Price
Nov 29, 2018 Sold
Premium
Sold
Jul 20, 2018 Listed by Stephen Lawrenson Real Estate $229,000
Listed by Stephen Lawrenson Real Estate
Aug 26, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,538
  • Total Building Area: 1,910
  • Gross Building Area: 2,876
  • Building Area: 1,910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,910
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000058
  • 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: 311800

Zoning

  • Zoning: TTF

Geography

  • Account Number: H02320
  • Parcel: LOWE M:141 B:6125 L:1
  • Block: 6125
  • Lot: 1
  • Municipality: LOWELL
  • Latitude: 42.6363
  • Longitude: -71.3186

    Address

  • Full Address: 1 Ware St
  • Address - House Number: 1
  • Address - Street Name: Ware
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C043
  • 4-Digit Zip Code: 2631
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 428,599
  • High Value: 511,090
  • Low Value: 346,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,600
  • Assessed Land Value: $81,100
  • Assessed Improvements Value: $256,500

    Sales

  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52011
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Amount: $175,000
  • 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72365826

Frequently Asked Questions

When was property at 1 Ware Street built and last sold?
The property at 1 Ware Street was built in 1900 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 1 Ware Street is $245,467.
What are some comparable homes to 1 Ware Street?
There are currently no comparable homes to 1 Ware Street.
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