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$175,000
● Condo - Off Market

11 Nesmith #3

Lowell, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
993 Ft²
$315,566
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Charming Vict home completely rehabbed and converted to 3 condos in 2003. Unit is located off the street and features new hdwd flrs on the 1st lvl, fluted mouldings, & a lovely 15X15 deck off the back door.  The unit combines the charm and beauty of a vict home with the conveniences of modern living.  Unit is better than new as it has been tastefully painted and decorated by the current owner. The unit is immaculate.A pleasure to show. Off strt pkg in bonus rear lot. Ample storage area in bsmt.
Unit Size
993 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$186
Property Type
Condo
Property Taxes
$94
HOA Dues
$100
Year Built
-

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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 years ago (MLSPIN #70514906)

Price History

Date / Event Date Event Price
Mar 12, 2007 Sold
Premium
Sold
Jan 23, 2007 Listed by Lamacchia Realty, Inc. $185,000
Listed by Lamacchia Realty, Inc.

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Width: 11
Length: 18
Features: Flooring - Hardwood, Dining Area
Area: 198
Level: Second
Area: 45
Width: 9
Features: Flooring - Stone/Ceramic Tile
Length: 5
Area: 36
Features: Flooring - Stone/Ceramic Tile
Length: 6
Level: First
Width: 6
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 11
Area: 132
Length: 18
Level: First
Area: 198
Features: Flooring - Hardwood
Width: 11
Features: Flooring - Wall to Wall Carpet
Level: Second
Length: 18
Width: 11
Area: 198
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Carpet
Laundry Features: First Floor
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse, Low-Rise
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Zoning: res
Parcel Number: 3192772
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $111,500
Tax Annual Amount: $1,123
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Central, Forced Air
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Snow Removal
HOA Fee: $100
Community Features: Public Transportation, Shopping, Park, Medical Facility
Pets Allowed: Yes
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70514906
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