Beautiful Downtown LOFT! Rare opportunity to own in Boott Mills
Waterfront Condo. 2 bedroom 1.5 bath. Single level living with
water view. Open concept living/dining/kitchen with polished
concrete floors, ceiling fans, track lighting, exposed brick, .
Upscale kitchen with granite counters, stainless steel appliances,
dual fuel cooking -gas stove/electric oven, custom built closets,
washer/ dryer In unit. Master bedroom has his and her closets.
Great downtown location, steps to restaurants, galleries, Tsongas
Center, Lowell Auditorium, all Lowell has to offer. Condo fee
includes Heat/AC, water, hot water, exercise facility.
Unbelievable offering at this price. Minutes to Rt 3, 93,
495, and Lowell Connector. Move in and enjoy easy access to Lowell
and Boston. Parking in city garage on John St $48 per month.
Unit Size
1,178 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
$220
HOA Dues
$288
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.
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Fitness Center
Association Fee Frequency: Monthly
HOA Fee: $288
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, T-Station, University
Pets Allowed: Yes
Management: Professional - Off Site, Owner Association
130 John
#G6,
Lowell, MA,
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