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Lowell 01852 South Lowell
113 Commonwealth Ave
$350,000
● House - Off Market

113 Commonwealth Ave

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
906 Ft²
$343,966
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Home sweet home! What a doll house located in a desirable South Lowell neighborhood just a few minutes from 495! One level easy living, this ranch is set on a level lot with a lovely fenced in yard. Many updates as the interior was just professionally painted. Boiler and hot water 10 yrs. young. New roof. Vinyl siding and windows about 5 years young, Basement was waterproofed with a French drain and sump pump.  Eat in kitchen has built in seating benches with storage. Beautiful wood floors. Main bedroom offers a fireplace or can be used as a family room/ home office. Enjoy summer nights relaxing on your front porch. Side entrance mudroom. A delightful home you don't want to miss! Book your appointment today!
Unit Size
906 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$353
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #73056258)

Price History

Date / Event Date Event Price
Dec 27, 2022 Sold
Premium
Sold
Nov 15, 2022 In contract -
In contract
Nov 8, 2022 Listed by LAER Realty Partners $319,900
Listed by LAER Realty Partners
Jul 18, 2003 Sold
Premium
Sold
May 6, 2003 Listed by LAER Realty Partners $200,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 906
  • Gross Building Area: 1,704
  • Building Area: 906
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 312300

Zoning

  • Zoning: TSF

Geography

  • Account Number: C14975
  • Parcel: LOWE M:243 B:1435 L:113
  • Block: 1435
  • Lot: 113
  • Municipality: LOWELL
  • Latitude: 42.6155
  • Longitude: -71.2848

    Address

  • Full Address: 113 Commonwealth Ave
  • Address - House Number: 113
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C076
  • 4-Digit Zip Code: 5736
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 382,370
  • High Value: 449,509
  • Low Value: 315,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,200
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $165,200

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52069
  • Previous Sale Recording Date: Jul 18, 2003
  • Previous Sale Amount: $183,000
  • 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 South Lowell

Stats & Trends

Median Asking:

$504,500

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73056258

Frequently Asked Questions

When was property at 113 Commonwealth Avenue built and last sold?
The property at 113 Commonwealth Avenue was built in 1950 and last sold on Dec 27, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 113 Commonwealth Avenue is $316,231.
What are some comparable homes to 113 Commonwealth Avenue?
There are currently no comparable homes to 113 Commonwealth Avenue.
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