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Lowell 01852 South Lowell
1011 Gorham Street
$130,000
● House - Off Market

1011 Gorham Street

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,556 Ft²
$268,421
RealtyHop Estimate
91.87%
Since Feb 1, 2005
National-US
Primary Model

About This Property

Great commuter location, 3 bedroom colonial in South Lowell. This home has potential over 1500 gla needs kitchen and TLC. This home has recent updates that include windows, newer furnace and hot water heater. This home also offers hardwood floors. Priced to sell....Bring Any Offer!!!!!!!!
Unit Size
1,556 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$90
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #70117070)

Price History

Date / Event Date Event Price
Jan 28, 2005 Sold
Premium
Sold
Nov 14, 2004 Listed by Carlson GMAC Real Estate $139,900
Listed by Carlson GMAC Real Estate
Sep 28, 1988 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,452
  • Total Building Area: 1,786
  • Gross Building Area: 2,510
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000033
  • 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: 312200

Zoning

  • Zoning: TMU

Geography

  • Account Number: A02160
  • Parcel: LOWE M:184 B:2675 L:1011
  • Block: 2675
  • Lot: 1011
  • Municipality: LOWELL
  • Latitude: 42.6279
  • Longitude: -71.3082

    Address

  • Full Address: 1011 Gorham St
  • Address - House Number: 1011
  • Address - Street Name: Gorham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C071
  • 4-Digit Zip Code: 5016
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $337,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 366,381
  • High Value: 436,796
  • Low Value: 295,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,800
  • Assessed Land Value: $88,500
  • Assessed Improvements Value: $183,300

    Sales

  • Current Sale Recording Date: Jan 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00005841
  • Previous Sale Recording Date: Sep 28, 1988
  • Previous Sale Amount: $72,500
  • 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 South Lowell

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 years

Currently For Sale

19 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 months ago
Data Source: MLS PIN, MLS# 70117070

Frequently Asked Questions

When was property at 1011 Gorham Street built and last sold?
The property at 1011 Gorham Street was built in 1920 and last sold on Jan 1, 1970 for $130,000.
How much is this home worth?
The estimated value of the home located at 1011 Gorham Street is $156,391.
What are some comparable homes to 1011 Gorham Street?
There are currently no comparable homes to 1011 Gorham Street.
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