$242,000
●
Condo -
Off Market
172 Middle #203
Lowell, MA
1 Bed
1 Bath
873 Ft²
$327,146
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Contemporary living, Desirable downtown location in Ayer Lofts.
Completely remodeled! This is true artist live/ work space with
open floor plan with designated bedroom area. Mahognay bamboo
floors, quartz counter tops, 14' ceilings, exposed brick, ceiling
fan, too much to mention. Unique bank safe in unit is
converted to the walk in closet 14'x6'. Private and quiet.
Laundry right on site. There is an art gallery in the
building open to residents to showcase work. ALL right in the heart
of downtown and the arts district, theatre, restaurants, Lowell
Auditorium, Tsongas Center, galleries, Minutes to highway:
495-93-Rt3- Lowell Connector. Parking $66 per month per car Leo Roy
Garage on Market St. Lowell Connector to Thorndike St xt.
Right onto Market, left onto Palmer, left onto Middle.
Unit Size
873 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
Condo
Property Taxes
$235
HOA Dues
$301
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 #72742612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Keller Williams Realty-Merrimack | $249,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Length: 23
Level: First
Area: 345
Features: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup
Width: 15
Level: First
Length: 14
Width: 10
Area: 140
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Electric Water Heater
Flooring Type: Tile, Bamboo
Laundry Features: In Building
Rooms: 1
Basement: N
Parking Details
Parking Features: Off Street, Rented
Exterior Details
Entry Level: 2
Security Features: Intercom, TV Monitor
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Ayer Lofts
Structure Type: Loft
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: DMU
Parcel Number: 4227898
Water Source: Public
Financial Details
Tax Assessed Value: $210,700
Tax Annual Amount: $2,815
Utilities Details
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Forced Air, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $301
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017