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Lowell 01851 Highlands
115 Viola St.
$345,000
● House - Off Market

115 Viola St.

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,399 Ft²
$511,786
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Upper Highlands, meticulously maintained colonial in sought after neighborhood is move in ready!  Spacious front porch, updated kitchen with quartz counter tops, dining and living room on first floor, remodeled bath, hardwood flooring throughout, ample storage in walk-up attic, large basement with walk-out access, new oil tank, large outdoor deck,underground sprinkler system, detached garage, and driveway with parking for 4 vehicles.  This one won't last!    Open House Sunday 12 Noon-3PM. No showings until that time. Please give 48 hours to review any offers.
Unit Size
1,399 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$250
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1925

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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 #72573564)

Price History

Date / Event Date Event Price
Dec 11, 2019 Sold
Premium
Sold
Oct 2, 2019 Listed by Dennis G. Conners & Associates $349,900
Listed by Dennis G. Conners & Associates
Jun 10, 1977 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 200
  • 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: 1,399
  • Gross Building Area: 3,238
  • Building Area: 1,399
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,399
  • Heating Fuel Type: 6

    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: 311600

Zoning

  • Zoning: TSF

Geography

  • Account Number: O00350
  • Parcel: LOWE M:109 B:5950 L:115
  • Block: 5950
  • Lot: 115
  • Municipality: LOWELL
  • Latitude: 42.6215
  • Longitude: -71.328

    Address

  • Full Address: 115 Viola St
  • Address - House Number: 115
  • Address - Street Name: Viola
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C057
  • 4-Digit Zip Code: 4924
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,000
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 489,500
  • High Value: 571,992
  • Low Value: 407,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,100
  • Assessed Land Value: $146,100
  • Assessed Improvements Value: $250,000

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55621
  • Previous Sale Recording Date: Jun 10, 1977
  • Previous Sale Amount: $24,000
  • 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

2448 ft²

Average Home Age

85 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 72573564

Frequently Asked Questions

When was property at 115 Viola Street built and last sold?
The property at 115 Viola Street was built in 1925 and last sold on Dec 11, 2019 for $345,000.
How much is this home worth?
The estimated value of the home located at 115 Viola Street is $360,906.
What are some comparable homes to 115 Viola Street?
There are currently no comparable homes to 115 Viola Street.
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