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$78,000
● Condo - Off Market

1541 Middlesex #10

Lowell, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$278,098
RealtyHop Estimate
247.62%
Since May 1, 1998
National-US
Primary Model

About This Property

SHARP TOWNHOUSE, COMPLETELY RE-DONE. FORMAL DR, FIREPLACED LR, MASTER BED W/CATH. CEILING, SKYLIGHTS, FIREPLACE & DECK. FINISHED BASEMENT, GARAGE, CENTRAL A/C. SUBJECT TO SELLER FINDING SUITABLE HOUSING. *SPECIAL ASSESS. OF $71/MTH ADDIT.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
Condo
Property Taxes
$98
HOA Dues
$138
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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #30207960)

Price History

Date / Event Date Event Price
Apr 30, 1998 Sold
Premium
Sold
Mar 1, 1998 Listed by Coldwell Banker Realty - Chelmsford $80,000
Listed by Coldwell Banker Realty - Chelmsford

Property Highlights

Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Level: First
Features: Bathroom - Half
Level: First
Features: Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Basement
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Commons
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: MULTI
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $61,160
Tax Annual Amount: $1,174
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $138
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Other
Pets Allowed: No
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30207960
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