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Lowell 01851 Highlands
108 Forest St
$361,900
● House - Off Market

108 Forest St

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,172 Ft²
$541,040
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Here is a lovely, 4 bedroom, Colonial home conveniently located on a side street in the Highlands of Lowell.  With oak cabinets and tile flooring in the large kitchen and shining hardwood floors in both the living and dining rooms you will be proud to entertain guests. The Master bedroom is huge and there are 3 more large bedrooms. With a walk-up attic and two, three season porches there is plenty space for comfortable expansion.  Plus, the property includes a large, level backyard with an above ground pool for your outdoor enjoyment. This is a well maintained home with newer; roof, heating system, windows, hot water tank, and appliances.  The paved off-street parking and ease of highway access are additional bonuses.  This home is a pleasure to show and it is poised for a quick closing.
Unit Size
2,172 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$170
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1930

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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 #72579559)

Price History

Date / Event Date Event Price
Dec 31, 2019 Sold
Premium
Sold
Oct 14, 2019 Listed by Coldwell Banker Residential Brokerage - Tewksbury $369,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury
Jul 31, 2014 Sold
Premium
Sold
Jun 6, 2014 Listed by Coldwell Banker Residential Brokerage - Tewksbury $259,000
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,245
  • Total Building Area: 2,172
  • Gross Building Area: 3,695
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 311600

Zoning

  • Zoning: TSF

Geography

  • Account Number: D05380
  • Parcel: LOWE M:126 B:2385 L:108
  • Block: 2385
  • Lot: 108
  • Municipality: LOWELL
  • Latitude: 42.6221
  • Longitude: -71.3277

    Address

  • Full Address: 108 Forest St
  • Address - House Number: 108
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C057
  • 4-Digit Zip Code: 4939
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 557,222
  • High Value: 647,824
  • Low Value: 466,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,600
  • Assessed Land Value: $155,700
  • Assessed Improvements Value: $294,900

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59705
  • Previous Sale Recording Date: Jul 31, 2014
  • Previous Sale Amount: $257,900
  • Previous Sale Document Type: O
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:

$539,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2569 ft²

Average Home Age

87.9 years

Currently For Sale

29 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72579559

Frequently Asked Questions

When was property at 108 Forest Street built and last sold?
The property at 108 Forest Street was built in 1930 and last sold on Dec 30, 2019 for $361,900.
How much is this home worth?
The estimated value of the home located at 108 Forest Street is $380,218.
What are some comparable homes to 108 Forest Street?
There are currently no comparable homes to 108 Forest Street.
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