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Lowell 01851 Highlands
11 Cascade Ave
$441,000
● House - Off Market

11 Cascade Ave

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,611 Ft²
$473,623
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Come take a look at this wonderfully maintained colonial and step inside to your bright open sun room. This home boasts gleaming hardwood floors throughout the first and second floor. The living room space provides a cozy entertainment area and entry to the formal dining room. Off of the kitchen there is a half bathroom and access to the backyard deck. On the upper level you will find a large master bedroom with ample closet space, two additional spacious bedrooms, and a bonus room. The bonus room has access to the attic with space for additional storage. The upper level bathroom has been beautifully renovated with brand new tile for the shower/tub and new vanity. This property includes a 2 car detached garage and has easy access to highways, shopping and public transportation.
Unit Size
1,611 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$267
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 years ago (MLSPIN #72908061)

Price History

Date / Event Date Event Price
Dec 14, 2021 Sold
Premium
Sold
Oct 13, 2021 Listed by ERA Key Realty Services $429,900
Listed by ERA Key Realty Services
Jul 14, 2000 Sold
Premium
Sold
Mar 24, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 725
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,370
  • Total Building Area: 1,611
  • Gross Building Area: 3,404
  • Building Area: 1,611
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,611
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEVILLE PLACE
  • Land Acres: 0000000100
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: D10950
  • Parcel: LOWE M:73 B:1080 L:11
  • Block: 1080
  • Lot: 11
  • Municipality: LOWELL
  • Latitude: 42.6348
  • Longitude: -71.342

    Address

  • Full Address: 11 Cascade Ave
  • Address - House Number: 11
  • Address - Street Name: Cascade
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C034
  • 4-Digit Zip Code: 1613
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 496,781
  • High Value: 589,426
  • Low Value: 404,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,300
  • Assessed Land Value: $129,700
  • Assessed Improvements Value: $263,600

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72220
  • Previous Sale Recording Date: Jul 14, 2000
  • Previous Sale Amount: $175,000
  • 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 Highlands

Stats & Trends

Median Asking:

$532,500

Sale Price/ft²

$317

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2523 ft²

Average Home Age

89.3 years

Currently For Sale

32 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: 5 years ago
Data Source: MLS PIN, MLS# 72908061

Frequently Asked Questions

When was property at 11 Cascade Avenue built and last sold?
The property at 11 Cascade Avenue was built in 1920 and last sold on Dec 14, 2021 for $441,000.
How much is this home worth?
The estimated value of the home located at 11 Cascade Avenue is $440,303.
What are some comparable homes to 11 Cascade Avenue?
There are currently no comparable homes to 11 Cascade Avenue.
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