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$185,000
● Condo - Off Market

157 Nesmith #5

Lowell, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
807 Ft²
$195,553
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Try finding these features in a newer condo , as the best cleaning lady in Mass. Jennifer stated " I'm aiways amazed at how beautiful old homes are , the character is like no other ! " Beauty last in these homes . Everything was built to withstand the years with pride .Why pay rent when you can afford to move in here ....DO THE MATH......Vacant easy to show     PLEASE DON'T LOCK FRONT DOOR AT #5                             PLEASE LEAVE THE WATER DRIPPING FROM THE FAWCETTS
Unit Size
807 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
Condo
Property Taxes
$174
HOA Dues
$284
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 #72886399)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Aug 25, 2021 Listed by Hartley Realty Group $189,900
Listed by Hartley Realty Group

Property Highlights

Parking Available
Interior Details
Level: First
Width: 8
Length: 16
Features: Flooring - Wood
Area: 128
Length: 14
Level: First
Area: 196
Features: Flooring - Hardwood
Width: 14
Features: Ceiling Fan(s), Flooring - Hardwood
Level: First
Length: 9
Width: 16
Area: 144
Full Bathrooms: 1
Interior Features: Sitting Room, Sun Room
Appliances: Range, Dishwasher, Refrigerator, Range Hood, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Hardwood, Flooring - Hardwood, Flooring - Wood
Laundry Features: Common Area, In Building
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: El Karir
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: None
Lot Size Units: Acres
Zoning: TTF
Parcel Number: 3193199
Water Source: Public
Financial Details
Tax Assessed Value: $154,700
Tax Annual Amount: $2,082
Utilities Details
Utilities: for Electric Range
Cooling Type: Heat Pump
Heating Type: Electric Baseboard, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry
Association Fee Frequency: Monthly
HOA Fee: $284
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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

Similar Homes for Sale

Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72886399
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