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Lowell 01852 Belvidere
103 Sherman St
$268,000
● House - Off Market

103 Sherman St

Lowell, MA 01852
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,835 Ft²
$429,960
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Back on the market due to Buyer's financing. Prefer CASH Buyers. Accompanied Group showings only. Large Belvidere Victorian (Charles W. Hobson House) with lots of potential. Some TLC would return this home to its former glory. 3 levels of living space with high ceilings, grand foyer staircase and hallways. 10 rooms total with 5 bedrooms and 3 baths. Newer furnace. Updated fireplace and chimney. Home is being sold in 'as is' condition. Short Sale - subject to current lender approval. This is a short sale listing; All money paid, will be paid by bank not the sellers. Buyer responsible for Fire Cert. Preferably Cash offer, Rehab loans may work but subject to seller and lender approval. Buyers and Buyer's agents to do all due diligence before making an offer.
Unit Size
3,835 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$70
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1850

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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 #71948227)

Price History

Date / Event Date Event Price
Sep 18, 2017 Sold
Premium
Sold
Jan 13, 2016 Listed by Keller Williams Realty $270,000
Listed by Keller Williams Realty
Dec 5, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,371
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 3,733
  • Gross Building Area: 6,174
  • Building Area: 3,733
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,733
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 312502

Zoning

  • Zoning: TTF

Geography

  • Account Number: G09960
  • Parcel: LOWE M:201 B:5340 L:103
  • Block: 5340
  • Lot: 103
  • Municipality: LOWELL
  • Latitude: 42.6383
  • Longitude: -71.2969

    Address

  • Full Address: 103 Sherman St
  • Address - House Number: 103
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C092
  • 4-Digit Zip Code: 2726
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2656
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 638,076
  • High Value: 807,598
  • Low Value: 468,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,600
  • Assessed Land Value: $134,500
  • Assessed Improvements Value: $405,100

    Sales

  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41345
  • Previous Sale Recording Date: Dec 05, 1996
  • Previous Sale Amount: $115,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2504 ft²

Average Home Age

93.4 years

Currently For Sale

28 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: 6 months ago
Data Source: MLS PIN, MLS# 71948227

Frequently Asked Questions

When was property at 103 Sherman Street built and last sold?
The property at 103 Sherman Street was built in 1850 and last sold on Jan 1, 1970 for $268,000.
How much is this home worth?
The estimated value of the home located at 103 Sherman Street is $272,700.
What are some comparable homes to 103 Sherman Street?
There are currently no comparable homes to 103 Sherman Street.
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