For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lowell 01852 South Lowell
1513 Gorham Street
$448,500
● House - Off Market

1513 Gorham Street

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,422 Ft²
$2,594
Est. Monthly

About This Property

Beautiful Colonial Home located in the heart of South Lowell with easy highway access.  This 6 room, 3 Bedroom, 1.5 Bath Property has numerous amenities and features. Updated Kitchen with Stainless Steel Appliances and dry bar area. 1st floor half bathroom laundry room in one. New tankless heat and hot water 2 zone gas system. Enjoy the benefits of Solar Panels, lease subject to transfer to the new owner. Plenty of off street parking in the Driveway for 5 Cars, and an additional storage shed, this property is a Must-See!! Stop by our Open Houses this Saturday the 11th and Sunday the 12th from 1-3pm.
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$316
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1917

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (MLSPIN #73178642)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 16, 2023 In contract -
In contract
Nov 8, 2023 Listed by Keller Williams Realty-Merrimack $449,900
Listed by Keller Williams Realty-Merrimack
May 25, 2018 Sold
Premium
Sold
Feb 15, 2018 Listed by Keller Williams Realty-Merrimack $329,900
Listed by Keller Williams Realty-Merrimack
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 684
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,182
  • Total Building Area: 1,422
  • Gross Building Area: 2,400
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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: 312200

Zoning

  • Zoning: TSF

Geography

  • Account Number: F04605
  • Parcel: LOWE M:190 B:2675 L:1513
  • Block: 2675
  • Lot: 1513
  • Municipality: LOWELL
  • Latitude: 42.6146
  • Longitude: -71.3036

    Address

  • Full Address: 1513 Gorham St
  • Address - House Number: 1513
  • Address - Street Name: Gorham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C071
  • 4-Digit Zip Code: 5236
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0779
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 463,319
  • High Value: 499,445
  • Low Value: 427,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,100
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37727
  • Previous Sale Recording Date: May 25, 2018
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: O
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:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73178642

Frequently Asked Questions

When was property at 1513 Gorham Street built and last sold?
The property at 1513 Gorham Street was built in 1917 and last sold on Dec 20, 2023 for $448,500.
How much is this home worth?
The estimated value of the home located at 1513 Gorham Street is $447,090.
What are some comparable homes to 1513 Gorham Street?
There are currently no comparable homes to 1513 Gorham Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lowell Homes for Sale
Lowell Houses for Sale
Lowell Condos for Sale
Lowell Co-Ops for Sale
Lowell Townhouses for Sale
Lowell Multifamily for Sale
Lowell Land for Sale
Lowell Commercial for Sale
Nearby Cities
Lawrence Homes for Sale
Wilmington Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Hillsborough County, NH Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Worcester County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Arlington Real Estate
Mount Vernon Real Estate
Nearby Counties
Lawrence Homes for Sale
Chelmsford Homes for Sale
Andover Homes for Sale
Billerica Homes for Sale
Dracut Homes for Sale
Tewksbury Homes for Sale
Westford Homes for Sale
Wilmington Homes for Sale
Top Real Estate Agents
Top Agents in South Lowell
Top Agents in Lowell
Top Agents in 01844
Top Agents in Lawrence
Top Agents in Lawrence
Top Agents in Chelmsford
Top Agents in Andover
Top Agents in 01810