Waterfront Lofts at Boott Mills. Great opportunity to own in Boott
Mills Waterfront CONDOS.This is a large OPEN floorplan loft with
amazing water views located in the heart of a National Park in
Downtown Lowell. 2 bedroom 2 bath . Large open concept living
area (kitchen/ dining room/ living room) polished concrete
floors,exposed brick, original wood beams, 10' ceilings, large 7'
windows, window treaments gifted to new owners. Upscale kitchen
:granite counter tops, center island, stainless appliances, gas
cooking, with upgraded washer and dryer in unit. Common area
outdoor patio, rooftop observation deck, game room, function room
with full kitchen, and fitness center all included. Great downtown
location, steps to restaurants, galleries, Tsongas Center, Lowell
Auditorium and all Lowell has to offer., Move in and enjoy easy
access to Lowell and Boston. Minutes to Rt 93/ 495/ 3/ Lowell
Connector.Parking in John St garage $68mo. 24 hour advance notice
required
Unit Size
1,075 Ft²
Days on Market
-
Land Size
-
Price per sqft
$292
Property Type
Condo
Property Taxes
$289
HOA Dues
$467
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.
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Length: 21.666666
Level: First
Area: 455
Features: Beamed Ceilings, Open Floorplan
Width: 21
Level: First
Length: 13.75
Width: 11.416666
Area: 156.979166
Features: No
Full Bathrooms: 2
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Concrete
Laundry Features: In Unit, Washer Hookup
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Rented
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Boott Mills
Structure Type: Loft
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck - Roof + Access Rights
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: DMU
Parcel Number: 4678902
Water Source: Public
Financial Details
Tax Assessed Value: $259,600
Tax Annual Amount: $3,468
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Individual, Unit Control, Fan Coil
Heating Type: Central, Forced Air, Heat Pump, Individual, Unit Control
HOA/Condo/Coop Amenities: Elevator(s), Recreation Facilities, Fitness Center, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $467
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
130 John
#111,
Lowell, MA,
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