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Lowell 01854 The Acre
16 Litchfield Ter
$225,000
● House - Off Market

16 Litchfield Ter

Lowell, MA 01854
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,651 Ft²
$404,613
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

This adorable 4 bedroom Victorian colonial has been nicely modernized over the years. Newer kitchen and baths, newer windows, and modern systems. There are beautiful wood floors and a private fenced-in side yard with a deck. Tandem parking for 2 cars. Nice quiet street and pretty views too. There is alot of house here for the money. Call listing agent for details and showings.
Unit Size
1,651 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$145
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #70392108)

Price History

Date / Event Date Event Price
Aug 30, 2006 Sold
Premium
Sold
May 21, 2006 Listed by Hart Of New England Realty $239,900
Listed by Hart Of New England Realty
Aug 3, 2004 Sold
Premium
Sold
Jun 26, 2000 Sold
Premium
Sold
Apr 5, 2000 Listed by United Estates $134,900
Listed by United Estates
LARGE COLONIAL ON QUIET STREET. PLENTY OF OFFSTREET PARKING. ENCLOSED 22X18 3-SEASON PORCH;DECK; NEW VINYL SIDING, WINDOWS AND ROOF.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 917
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,339
  • Total Building Area: 1,651
  • Gross Building Area: 3,204
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000077
  • 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: 310700

Zoning

  • Zoning: TMF

Geography

  • Account Number: S17285
  • Parcel: LOWE M:100 B:3665 L:16
  • Block: 3665
  • Lot: 16
  • Municipality: LOWELL
  • Latitude: 42.6444
  • Longitude: -71.3314

    Address

  • Full Address: 16 Litchfield Ter
  • Address - House Number: 16
  • Address - Street Name: Litchfield
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lowell
  • Carrier Code: C026
  • 4-Digit Zip Code: 3107
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 476,097
  • High Value: 553,509
  • Low Value: 398,686

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,700
  • Assessed Land Value: $78,200
  • Assessed Improvements Value: $283,500

    Sales

  • Current Sale Recording Date: Aug 30, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00048758
  • Previous Sale Recording Date: Aug 03, 2004
  • Previous Sale Amount: $180,000
  • 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 The Acre

Stats & Trends

Median Asking:

$449,950

Sale Price/ft²

$295

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2810 ft²

Average Home Age

83.7 years

Currently For Sale

12 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: 6 months ago
Data Source: MLS PIN, MLS# 70392108

Frequently Asked Questions

When was property at 16 Litchfield Terrace built and last sold?
The property at 16 Litchfield Terrace was built in 1920 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 16 Litchfield Terrace is $251,022.
What are some comparable homes to 16 Litchfield Terrace?
There are currently no comparable homes to 16 Litchfield Terrace.
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