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Lowell 01851 Highlands
114 Staples St
$405,000
● House - Off Market

114 Staples St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,168 Ft²
$413,462
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

HIGHLANDS, NEW TO MARKET near Mt Pleasant Country Club. This well-maintained home has 3 Spacious Bedrooms, One Full Bathroom, and an Oversized Detached Garage. The FHW Boiler has been updated with a high-efficiency system and the Roof was replaced in 2018. The Living room has Hardwood Flooring while the kitchen and dining room have updated/upgraded laminated flooring. The Dining room has sliders to the level backyard. The Spacious Kitchen has an area for a table and a half wall to the Living room. The exterior is vinyl sided and the home has replacement windows. The Basement has Laundry hook-ups. Detached Garage for Extra Storage and the Paved Driveway Provides 5 Additional Parking Spaces. All this with easy access to Route 3 and Interstate 495.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$342
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1954

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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: 6 months ago (MLSPIN #73015883)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by RE/MAX Innovative Properties $399,900
Listed by RE/MAX Innovative Properties
Oct 10, 1969 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,168
  • Gross Building Area: 2,008
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 311600

Zoning

  • Zoning: SSF

Geography

  • Account Number: M11955
  • Parcel: LOWE M:75 B:5495 L:114
  • Block: 5495
  • Lot: 114
  • Municipality: LOWELL
  • Latitude: 42.6285
  • Longitude: -71.3441

    Address

  • Full Address: 114 Staples St
  • Address - House Number: 114
  • Address - Street Name: Staples
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 2820
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 431,900
  • High Value: 536,641
  • Low Value: 327,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,300
  • Assessed Land Value: $143,700
  • Assessed Improvements Value: $217,600

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36813
  • Previous Sale Recording Date: Oct 10, 1969
  • Previous Sale Amount: $15,000
  • 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:

$549,900

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2363 ft²

Average Home Age

88.1 years

Currently For Sale

28 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# 73015883

Frequently Asked Questions

When was property at 114 Staples Street built and last sold?
The property at 114 Staples Street was built in 1954 and last sold on Aug 30, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 114 Staples Street is $406,331.
What are some comparable homes to 114 Staples Street?
There are currently no comparable homes to 114 Staples Street.
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