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Lowell 01852 South Lowell
11 Olive St
$105,000
● House - Off Market

11 Olive St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,169 Ft²
$192,619
RealtyHop Estimate
83.62%
Since Feb 1, 2008
National-US
Primary Model

About This Property

Possible 4th B/R on first floor. Sold "as-is." Full pre-approval or proof of funds with all offers. Suggest having buyer review seller's addendum prior to making an offer. Offers are subject to receipt of fully executed P&S and seller's addendum. Verbal acceptance and receipt of good faith money in escrow without a fully executed P&S does not bind the seller. This property is approved for Express Path Financing. Please contact listing agent for more information.
Unit Size
1,169 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$90
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1910

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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: 5 months ago (MLSPIN #70689932)

Price History

Date / Event Date Event Price
Mar 6, 2020 Sold
Premium
Sold
Oct 4, 2016 Sold
Premium
Sold
Jan 25, 2008 Sold
Premium
Sold
Dec 24, 2007 Listed by Coldwell Banker Realty - Westford $104,900
Listed by Coldwell Banker Realty - Westford
Possible 4th B/R on first floor. Sold "as-is." Full pre-approval or proof of funds with all offers. Suggest having buyer review seller's addendum prior to making an offer. Offers are subject to receipt of fully executed P&S and seller's addendum. Verbal acceptance and receipt of good faith money in escrow without a fully executed P&S does not bind the seller. This property is approved for Express Path Financing. Please contact listing agent for more information.
Apr 8, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 738
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,790
  • Total Building Area: 1,112
  • Gross Building Area: 1,986
  • Building Area: 1,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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: 312100

Zoning

  • Zoning: USF

Geography

  • Account Number: W01820
  • Parcel: LOWE M:164 B:4410 L:11
  • Block: 4410
  • Lot: 11
  • Municipality: LOWELL
  • Latitude: 42.6308
  • Longitude: -71.3095

    Address

  • Full Address: 11 Olive St
  • Address - House Number: 11
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C078
  • 4-Digit Zip Code: 4006
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $326,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 347,842
  • High Value: 414,694
  • Low Value: 280,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,200
  • Assessed Land Value: $82,600
  • Assessed Improvements Value: $180,600

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10027
  • Previous Sale Recording Date: Oct 04, 2016
  • Previous Sale Amount: $137,000
  • 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 South Lowell

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2259 ft²

Average Home Age

71.8 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: 5 months ago
Data Source: MLS PIN, MLS# 70689932

Frequently Asked Questions

When was property at 11 Olive Street built and last sold?
The property at 11 Olive Street was built in 1910 and last sold on Mar 6, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 11 Olive Street is $117,470.
What are some comparable homes to 11 Olive Street?
There are currently no comparable homes to 11 Olive Street.
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