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Lowell 01852 South Lowell
108 Commonwealth Ave.
$360,500
● House - Off Market

108 Commonwealth Ave.

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,714 Ft²
$615,987
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

This house built in 2000 has a beautiful kitchen with granite counter tops, recessed lights, lots of cabinets and ceramic tile flooring.  All appliances are staying.  Dining room and living room have hardwood floors.  Off street parking, Front Farmers porch, back deck, shed, irrigation front and back.  3 generous size bedrooms with lots of closet space, including 2 in the master bedroom.  Full Large 2nd floor bath has jacuzzi tub and shower.  You will be impressed with this house.
Unit Size
1,714 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$216
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
2000

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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 #72038691)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Jul 15, 2016 Listed by Dolan & Kane Real Estate $369,900
Listed by Dolan & Kane Real Estate
Feb 13, 2009 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,714
  • Gross Building Area: 3,344
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 3

    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: 312300

Zoning

  • Zoning: TSF

Geography

  • Account Number: G03860
  • Parcel: LOWE M:243 B:1435 L:108
  • Block: 1435
  • Lot: 108
  • Municipality: LOWELL
  • Latitude: 42.6158
  • Longitude: -71.2851

    Address

  • Full Address: 108 Commonwealth Ave
  • Address - House Number: 108
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C076
  • 4-Digit Zip Code: 5737
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 586,994
  • High Value: 696,310
  • Low Value: 477,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,900
  • Assessed Land Value: $164,600
  • Assessed Improvements Value: $319,300

    Sales

  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46060
  • Previous Sale Recording Date: Feb 13, 2009
  • Previous Sale Amount: $230,000
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72038691

Frequently Asked Questions

When was property at 108 Commonwealth Avenue built and last sold?
The property at 108 Commonwealth Avenue was built in 2000 and last sold on Jan 1, 1970 for $360,500.
How much is this home worth?
The estimated value of the home located at 108 Commonwealth Avenue is $379,214.
What are some comparable homes to 108 Commonwealth Avenue?
There are currently no comparable homes to 108 Commonwealth Avenue.
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