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Lowell 01851 Highlands
12 Nicole Dr
$475,000
● House - Off Market

12 Nicole Dr

Lowell, MA 01851
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,470 Ft²
$476,374
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Charming and well cared for Colonial with Farmer's porch is located in small cul-de-sac setting. This home is bright and sunny with plenty of natural light, recessed lighting and gleaming hardwood floors on the first level and stairs to the second. Spacious living room flows into the kitchen with stainless steel appliances, island with seating, half bath and dining area with sliders to the deck. The second level offers a front to back Main bedroom with cathedral ceiling, recessed lighting, fan and walk-in closet. An additional bedroom and full bath complete this level. A 2 car garage under, laundry and storage space in lower level. The deck overlooks nice level backyard for all your future outdoor activities and has easy highway access. Just move right in and welcome home!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$306
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1998

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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: 5 months ago (MLSPIN #73063993)

Price History

Date / Event Date Event Price
Jan 17, 2023 Sold
Premium
Sold
Dec 14, 2022 In contract -
In contract
Dec 8, 2022 Listed by RE/MAX Insight $450,000
Listed by RE/MAX Insight
Jan 27, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 288
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,093
  • Total Building Area: 1,470
  • Gross Building Area: 3,190
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: K08670
  • Parcel: LOWE M:59 B:4328 L:12
  • Block: 4328
  • Lot: 12
  • Municipality: LOWELL
  • Latitude: 42.634
  • Longitude: -71.3477

    Address

  • Full Address: 12 Nicole Dr
  • Address - House Number: 12
  • Address - Street Name: Nicole
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lowell
  • Carrier Code: C036
  • 4-Digit Zip Code: 1529
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 521,928
  • High Value: 618,181
  • Low Value: 425,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,300
  • Assessed Land Value: $157,500
  • Assessed Improvements Value: $261,800

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1431
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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# 73063993

Frequently Asked Questions

When was property at 12 Nicole Drive built and last sold?
The property at 12 Nicole Drive was built in 1998 and last sold on Jan 17, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 12 Nicole Drive is $459,550.
What are some comparable homes to 12 Nicole Drive?
There are currently no comparable homes to 12 Nicole Drive.
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