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Lowell 01850 Centralville
108 Merrill Avenue
$239,000
● House - Off Market

108 Merrill Avenue

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$422,669
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Nothing to do but unpack your bags and move in! This well maintained 3-4 bedroom Colonial is in excellent condition. The first floor features a welcoming foyer, living room with gleaming hardwood floors, formal dining room with built-in hutch, newer kitchen with tile floors, granite counters, and an island, 4th bedroom or home office, full bath with laundry area, and cozy sun room. The second floor has the master bedroom with bathroom and two additional bedrooms. Lots of recent updates including vinyl siding, windows, roof, electrical, and gas heating system. Great Christian Hill location - on the Dracut line, close to schools, parks, shopping, Routes 93, 495, 3, and the Lowell Connector.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$200
Property Type
House
Property Taxes
$210
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: 6 months ago (MLSPIN #71987115)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jul 20, 2021 Listed by Century 21 Commonwealth $379,000
Listed by Century 21 Commonwealth
Jun 29, 2016 Sold
Premium
Sold
Apr 12, 2016 Listed by Century 21 Commonwealth $249,000
Listed by Century 21 Commonwealth
Aug 13, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,819
  • Total Building Area: 1,248
  • Gross Building Area: 2,256
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • 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: TSF

Geography

  • Account Number: P06650
  • Parcel: LOWE M:195 B:4045 L:108
  • Block: 4045
  • Lot: 108
  • Municipality: LOWELL
  • Latitude: 42.6573
  • Longitude: -71.2976

    Address

  • Full Address: 108 Merrill Ave
  • Address - House Number: 108
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C015
  • 4-Digit Zip Code: 1757
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 420,203
  • High Value: 500,779
  • Low Value: 339,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,600
  • Assessed Land Value: $94,900
  • Assessed Improvements Value: $236,700

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54577
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Amount: $239,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1957 ft²

Average Home Age

93.2 years

Currently For Sale

30 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: 6 months ago
Data Source: MLS PIN, MLS# 71987115

Frequently Asked Questions

When was property at 108 Merrill Avenue built and last sold?
The property at 108 Merrill Avenue was built in 1900 and last sold on Sep 17, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 108 Merrill Avenue is $377,353.
What are some comparable homes to 108 Merrill Avenue?
There are currently no comparable homes to 108 Merrill Avenue.
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