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Lowell 01851 Highlands
127 Forest St
$223,900
● House - Off Market

127 Forest St

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,306 Ft²
$438,412
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Move-in condition, 4 bedroom Cape in Highlands area of Lowell. Kitchen features updated oak cabinets, dishwasher, gas stove, recessed lighting, & tiled backsplash. Beautiful refinished hardwood flooring on main level. Maintenance-free aluminum siding, vinyl replacement windows, and 3-season enclosed porch. Private fenced-in yard with oversized, detached 2-car garage with plenty of room for storage. Updated 100-amp electrical service. Come see this lovely home today!
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$172
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1957

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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 #71603973)

Price History

Date / Event Date Event Price
Dec 20, 2013 Sold
Premium
Sold
Nov 1, 2013 Listed by ZipRealty, Inc $224,900
Listed by ZipRealty, Inc
Sep 14, 2011 Sold
Premium
Sold
May 24, 2011 Listed by ZipRealty, Inc $195,000
Listed by ZipRealty, Inc
Oct 15, 2009 Listed $189,900
Listed
Great for commuters and shoppers! Spacious cape with eat-in kitchen and four bedrooms. Enjoy the three season porch that overlooks the fenced in backyard. Large two car garage with plenty of storage. Short sale approval required.
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,000
  • Total Building Area: 1,306
  • Gross Building Area: 2,598
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,306
  • 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: 311600

Zoning

  • Zoning: TSF

Geography

  • Account Number: R07730
  • Parcel: LOWE M:108 B:2385 L:127
  • Block: 2385
  • Lot: 127
  • Municipality: LOWELL
  • Latitude: 42.6223
  • Longitude: -71.3285

    Address

  • Full Address: 127 Forest St
  • Address - House Number: 127
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C057
  • 4-Digit Zip Code: 4942
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 472,122
  • High Value: 563,540
  • Low Value: 380,703

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,800
  • Assessed Land Value: $146,100
  • Assessed Improvements Value: $244,700

    Sales

  • Current Sale Recording Date: Dec 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Sep 14, 2011
  • Previous Sale Amount: $175,000
  • 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

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2440 ft²

Average Home Age

84.3 years

Currently For Sale

29 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# 71603973

Frequently Asked Questions

When was property at 127 Forest Street built and last sold?
The property at 127 Forest Street was built in 1957 and last sold on Jan 1, 1970 for $223,900.
How much is this home worth?
The estimated value of the home located at 127 Forest Street is $232,621.
What are some comparable homes to 127 Forest Street?
There are currently no comparable homes to 127 Forest Street.
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