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Lowell 01850 Centralville
131 Myrtle Street
$125,500
● House - Off Market

131 Myrtle Street

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath
$423,197
RealtyHop Estimate
225.79%
Since May 1, 1999
National-US
Primary Model

About This Property

UNIQUE LAYOUT FOR THIS CUSTOM BUILT RANCH IN CHRISTIAN HILL. BEAUTIFUL WOODWORK & HARDWOOD FLOORS THROUGHOUT. 3 LARGE BEDROOMS W/PLENTY OF CLOSET SPACE. UPDATED BATH, WALK-UP ATTIC FOR FUTURE EXPANSION. VINYL SIDING, NEW ROOF, 1 C GAR.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1955

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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: 4 years ago (MLSPIN #30270929)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Feb 5, 2021 Listed $369,900
Listed
Apr 30, 1999 Sold
Premium
Sold
Oct 23, 1998 Listed $129,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 602
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,180
  • Gross Building Area: 3,296
  • Building Area: 1,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,180
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 310200

Zoning

  • Zoning: TSF

Geography

  • Account Number: P01220
  • Parcel: LOWE M:196 B:4250 L:131
  • Block: 4250
  • Lot: 131
  • Municipality: LOWELL
  • Latitude: 42.6535
  • Longitude: -71.299

    Address

  • Full Address: 131 Myrtle St
  • Address - House Number: 131
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2164
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 430,087
  • High Value: 510,005
  • Low Value: 350,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,600
  • Assessed Land Value: $117,900
  • Assessed Improvements Value: $222,700

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18511
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $125,500
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2119 ft²

Average Home Age

97 years

Currently For Sale

31 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30270929

Frequently Asked Questions

When was property at 131 Myrtle Street built and last sold?
The property at 131 Myrtle Street was built in 1955 and last sold on Mar 26, 2021 for $375,000.
How much is this home worth?
The estimated value of the home located at 131 Myrtle Street is $0.
What are some comparable homes to 131 Myrtle Street?
There are currently no comparable homes to 131 Myrtle Street.
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