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Lowell 01852 South Lowell
16 State St
Photo of 16 State St
Sold on Sep 19, 2008

1

Map

$145,000
● House - Off Market

16 State St

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,708 Ft²
$282,835
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Bank-owned home looking to be people-owned!  Nice opportunity to get a lot for a little!  This home offers good-sized rooms and a big eat-in kitchen, plus 3-4 bedrooms including a MBR with huge walk-in closet. New wall-to-wall carpeting being installed on the first floor. Rear deck overlooking fenced yard, and yard overlooks a small public park.  Dead end street.  Ask about special financing from owner bank!  Save on closing costs with FREE credit report and appraisal.
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$85
Property Type
House
Property Taxes
$178
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: 4 months ago (MLSPIN #70756982)

Price History

Date / Event Date Event Price
Sep 22, 2008 Sold
Premium
Sold
May 6, 2008 Listed $144,900
Listed
Jul 8, 2004 Sold
Premium
Sold
May 12, 2004 Listed by Dick Lepine Real Estate,Inc. $214,900
Listed by Dick Lepine Real Estate,Inc.
Large rooms, new rugs, new roof, large eat-in kitchen with tile floor, new deck with view of the Concord River. This is a must see! Not a drive-by! Easy to show, on lock box. Property is vacant so you can just move right in. Owner is a licensed Real Estate Salesperson.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,033
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 1,708
  • Gross Building Area: 2,861
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • 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: 312100

Zoning

  • Zoning: TTF

Geography

  • Account Number: M08180
  • Parcel: LOWE M:205 B:5510 L:16
  • Block: 5510
  • Lot: 16
  • Municipality: LOWELL
  • Latitude: 42.6279
  • Longitude: -71.299

    Address

  • Full Address: 16 State St
  • Address - House Number: 16
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C073
  • 4-Digit Zip Code: 5015
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 436,945
  • High Value: 520,922
  • Low Value: 352,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,900
  • Assessed Land Value: $79,700
  • Assessed Improvements Value: $248,200

    Sales

  • Current Sale Recording Date: Sep 22, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00042401
  • Previous Sale Recording Date: Sep 04, 2008
  • Previous Sale Document Type: 34
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:

$499,950

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2216 ft²

Average Home Age

74 years

Currently For Sale

20 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# 70756982

Frequently Asked Questions

When was property at 16 State Street built and last sold?
The property at 16 State Street was built in 1920 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 16 State Street is $163,619.
What are some comparable homes to 16 State Street?
There are currently no comparable homes to 16 State Street.
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