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Lowell 01852 Belvidere
155 Butman Rd
$320,000
● House - Off Market

155 Butman Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,811 Ft²
$537,994
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Here's a charming colonial in the prime Belvidere neighborhood! This home features a large living room with a working fireplace and custom built-in bookcases leading out to a three season screened in porch. There is a formal dining room with a built-in hutch. The kitchen has lots of counter and cabinet space with room for additional dining. All three bedrooms are located upstairs with hardwood flooring, and one provides walk-up access to the attic. There are two full bathrooms, with jets in the upstairs tub.  Off-street parking is provided for two vehicles. Easy access to all major highways. Come see your new home today!
Unit Size
1,811 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$180
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1926

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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 #72005195)

Price History

Date / Event Date Event Price
Mar 30, 2017 Sold
Premium
Sold
May 13, 2016 Listed by ERA Key Realty Services $326,499
Listed by ERA Key Realty Services
Dec 1, 1978 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,811
  • Gross Building Area: 3,619
  • Building Area: 1,811
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,811
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOVEY ESTATE
  • Land Acres: 0000000115
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: C14900
  • Parcel: LOWE M:234 B:920 L:155
  • Block: 920
  • Lot: 155
  • Municipality: LOWELL
  • Latitude: 42.6394
  • Longitude: -71.2854

    Address

  • Full Address: 155 Butman Rd
  • Address - House Number: 155
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 3042
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 517,483
  • High Value: 613,854
  • Low Value: 421,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,600
  • Assessed Land Value: $155,300
  • Assessed Improvements Value: $257,300

    Sales

  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12867
  • Previous Sale Recording Date: Dec 01, 1978
  • Previous Sale Amount: $42,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$599,495

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2410 ft²

Average Home Age

93.3 years

Currently For Sale

25 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# 72005195

Frequently Asked Questions

When was property at 155 Butman Road built and last sold?
The property at 155 Butman Road was built in 1926 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 155 Butman Road is $344,779.
What are some comparable homes to 155 Butman Road?
There are currently no comparable homes to 155 Butman Road.
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