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Lowell 01852 South Lowell
15 Olive Street
$337,500
● House - Off Market

15 Olive Street

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,124 Ft²
$374,297
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Seeking a Single-Family Home in the Heart of South Lowell? Well look no further! This Beautiful Colonial Features 1,124 Square Feet of Living Space, 3 Bedrooms, and 2 Full Baths. The spacious eat in Kitchen area boasts Beautiful Ceramic Tile Flooring and Lovely Hardwood throughout the rest of the house. There is also Bonus finished basement area offering plenty of Storage! The home has a Wrap-Around Trex Patio with enough yard space to make it the perfect spot for Summertime Gatherings. This home also Features Newer Windows! All this plus Off Street Parking for 2+ cars makes this Home an Incredible Find.  ALL OFFERS DUE TUESDAY THE 20TH OF APRIL AT 6PM, PLEASE ALLOW 24 HOUR RESPONSE TIME - WEDNESDAY AT 6PM.
Unit Size
1,124 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$285
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #72814713)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by EVO Real Estate Group, LLC $319,900
Listed by EVO Real Estate Group, LLC
Jan 31, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,790
  • Total Building Area: 1,124
  • Gross Building Area: 1,979
  • Building Area: 1,124
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,124
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000064
  • 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: 312100

Zoning

  • Zoning: USF

Geography

  • Account Number: D07910
  • Parcel: LOWE M:164 B:4410 L:15
  • Block: 4410
  • Lot: 15
  • Municipality: LOWELL
  • Latitude: 42.6307
  • Longitude: -71.3098

    Address

  • Full Address: 15 Olive St
  • Address - House Number: 15
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C078
  • 4-Digit Zip Code: 4006
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 396,200
  • High Value: 465,766
  • Low Value: 326,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,300
  • Assessed Land Value: $82,600
  • Assessed Improvements Value: $205,700

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38873
  • Previous Sale Recording Date: Jan 31, 2007
  • Previous Sale Amount: $222,000
  • 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 South Lowell

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2259 ft²

Average Home Age

71.8 years

Currently For Sale

19 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 years ago
Data Source: MLS PIN, MLS# 72814713

Frequently Asked Questions

When was property at 15 Olive Street built and last sold?
The property at 15 Olive Street was built in 1900 and last sold on Jun 30, 2021 for $337,500.
How much is this home worth?
The estimated value of the home located at 15 Olive Street is $0.
What are some comparable homes to 15 Olive Street?
There are currently no comparable homes to 15 Olive Street.
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