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Lowell 01850 Centralville
15 Riverside Avenue
$153,700
● House - Off Market

15 Riverside Avenue

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath
square feet
984 Ft²
$331,540
RealtyHop Estimate
112.53%
Since Apr 1, 2004
National-US
Primary Model

About This Property

WELL MAINTAINED CENTRALVILLE COLONIAL W/ NEW ROOF FRESHLY PAINTED EXTERIOR AND INTERIOR. NEW TILE IN KIT, BATH AND HALLWAY. FENCED YARD WITH ABOVE GROUN POOL. OFF STREET PARKING FOR 2+ CARS. GREAT HOME OWNERSHIP OPPORTUNITY
Unit Size
984 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$159
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1920

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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 #30799080)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Dec 4, 2009 Sold
Premium
Sold
Jun 18, 2009 Listed by Barrett Real Estate $49,999
Listed by Barrett Real Estate
Jan 9, 2009 Sold
Premium
Sold
Mar 11, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 494
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,960
  • Total Building Area: 916
  • Gross Building Area: 1,721
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 916
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000045
  • 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: 310400

Zoning

  • Zoning: USF

Geography

  • Account Number: C05450
  • Parcel: LOWE M:175 B:4975 L:15
  • Block: 4975
  • Lot: 15
  • Municipality: LOWELL
  • Latitude: 42.6527
  • Longitude: -71.3089

    Address

  • Full Address: 15 Riverside Ave
  • Address - House Number: 15
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C005
  • 4-Digit Zip Code: 1923
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $316,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 333,243
  • High Value: 397,532
  • Low Value: 268,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,400
  • Assessed Land Value: $71,900
  • Assessed Improvements Value: $182,500

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39411
  • Previous Sale Recording Date: Dec 04, 2009
  • Previous Sale Amount: $36,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$303

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2140 ft²

Average Home Age

96.4 years

Currently For Sale

30 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# 30799080

Frequently Asked Questions

When was property at 15 Riverside Avenue built and last sold?
The property at 15 Riverside Avenue was built in 1920 and last sold on Sep 16, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 15 Riverside Avenue is $61,825.
What are some comparable homes to 15 Riverside Avenue?
There are currently no comparable homes to 15 Riverside Avenue.
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