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Middlesex
13 Lowell Road
Photo of 13 Lowell Road
Sold on Jul 25, 2008

1

Map

$275,000
● House - Off Market

13 Lowell Road

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$570,340
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Ideal home for 1st time buyer or empty nester!  Everything is brand new ~ septic system, heating system, roof, siding, windows, new electric and plumbing ~ new kitchen with maple cabinets, granite countertops, s/s appliances and tile floor, new bathroom with tile floor, beautiful hardwood floors throughout!  1st floor laundry.  Seller to complete landscaping and back deck.  Full, unfinished basement.  Very close to Rts 93, 28 and 62.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$288
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1940

Payment Calculator

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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 #70738401)

Price History

Date / Event Date Event Price
Jul 21, 2008 Sold
Premium
Sold
Apr 4, 2008 Listed $289,900
Listed
Aug 14, 2007 Sold
Premium
Sold
Apr 3, 2007 Listed $249,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,367
  • Lot Size Frontage Feet: 0
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:025.0 B:0000 L:0016.0
  • Lot: 16.0
  • Municipality: NORTH READING
  • Latitude: 42.5816
  • Longitude: -71.1137

    Address

  • Full Address: 13 Lowell Rd
  • Address - House Number: 13
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1607
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,000

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 544,853
  • High Value: 645,751
  • Low Value: 443,956

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,800
  • Assessed Land Value: $335,100
  • Assessed Improvements Value: $157,700

    Sales

  • Current Sale Recording Date: Jul 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01478112
  • Previous Sale Recording Date: Aug 14, 2007
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: 48
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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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# 70738401

Frequently Asked Questions

When was property at 13 Lowell Road built and last sold?
The property at 13 Lowell Road was built in 1940 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 13 Lowell Road is $299,619.
What are some comparable homes to 13 Lowell Road?
There are currently no comparable homes to 13 Lowell Road.
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