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Lowell 01850 Centralville
103 Read St.
$199,900
● House - Off Market

103 Read St.

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$337,626
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Colonial on corner lot on Christian Hill, close to St. Michael's Church and School.  This home offers Kitchen, kitchen sitting room, dining room, living room, 3 bedrooms, laundry room on the 2nd floor, walk up attic, off street parking.  Updates include vinyl siding, replacement windows, furnace, and roof.  This home has been de-leaded, with certificate in hand.  Close to school, church, shopping, bus line.  Sold in "as is" condition.  Don't delay make this your home today!
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$116
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1900

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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 #72011280)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
May 24, 2016 Listed by Dolan & Kane Real Estate $199,900
Listed by Dolan & Kane Real Estate
Aug 15, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 860
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,892
  • Total Building Area: 1,720
  • Gross Building Area: 3,299
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000043
  • 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: 310200

Zoning

  • Zoning: TMF

Geography

  • Account Number: W02320
  • Parcel: LOWE M:197 B:4870 L:103
  • Block: 4870
  • Lot: 103
  • Municipality: LOWELL
  • Latitude: 42.6517
  • Longitude: -71.3015

    Address

  • Full Address: 103 Read St
  • Address - House Number: 103
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2131
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 430,767
  • High Value: 513,368
  • Low Value: 348,166

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,100
  • Assessed Land Value: $71,500
  • Assessed Improvements Value: $263,600

    Sales

  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41466
  • Previous Sale Recording Date: Aug 15, 1989
  • Previous Sale Amount: $85,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2150 ft²

Average Home Age

98.6 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 72011280

Frequently Asked Questions

When was property at 103 Read Street built and last sold?
The property at 103 Read Street was built in 1900 and last sold on Jan 1, 1970 for $199,900.
How much is this home worth?
The estimated value of the home located at 103 Read Street is $219,967.
What are some comparable homes to 103 Read Street?
There are currently no comparable homes to 103 Read Street.
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