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$175,000
● House - Off Market

115 Beech

Lowell, MA
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,500 Ft²
$397,032
RealtyHop Estimate
120.82%
Since May 1, 2011
National-US
Primary Model

About This Property

This is a wonderful single family home (3-4 bedrooms) that is perfect for an in-law.  The house has been tastefully renovated and has new windows, new paint and flooring throughout.  Lots of light comes through in this home.  The first floor has full bath, Kitchen, dining room, living room and a Study/family room that could be the 4th bedroom and very high ceilings!  The Second floor has another full bath 2 bedrooms and a bedroom/living room (with kitchenette) that could be a part of the in-law.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$72
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71133499)

Price History

Date / Event Date Event Price
Apr 27, 2011 Sold
Premium
Sold
Sep 8, 2010 Listed by Ciccarelli Homes $179,800
Listed by Ciccarelli Homes

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Laminate
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Laminate
Features: Flooring - Laminate
Level: Second
Features: Flooring - Laminate
Level: First
Features: Bathroom - Full
Level: First
Features: Flooring - Laminate
Level: Second
Level: First
Features: French Doors, Flooring - Laminate
Level: First
Features: Flooring - Laminate
Features: No
Full Bathrooms: 2
Appliances: Range, Oil Water Heater, Utility Connections for Electric Range
Flooring Type: Laminate
Rooms: 7
Basement: Concrete
Parking Details
Parking Features: Paved Drive, Off Street
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch - Enclosed, Deck, Deck - Wood
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: RES
Parcel Number: 3192274
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $244,000
Tax Annual Amount: $3,238
Utilities Details
Utilities: for Electric Range
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Hot Water, Oil
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University

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# 71133499
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