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Lowell 01852 Belvidere
179 Raven Rd
$430,000
● House - Off Market

179 Raven Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,379 Ft²
$456,064
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is your chance to live in desirable Belvidere.  This nicely sized three bedroom ( master with half bath) ranch needs updating and is reflected in the list price.  Spacious open concept living room/dining area, fireplaced family room and nicely sized kitchen. There is an attached single car garage and approximately a quarter acre lot  for gardening and outdoor entertainment.  Don't miss out on this golden opportunity to place your personal taste into your future  home.  Home is to be sold in "as is" condition. All offers will be presented on Tuesday Oct 12th at 5:00 pm.
Unit Size
1,379 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$297
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1960

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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 #72906120)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Woods Real Estate $409,000
Listed by Woods Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,355
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,572
  • Total Building Area: 1,379
  • Gross Building Area: 3,231
  • Building Area: 1,379
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,379
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: B00795
  • Parcel: LOWE M:246 B:4840 L:179
  • Block: 4840
  • Lot: 179
  • Municipality: LOWELL
  • Latitude: 42.6501
  • Longitude: -71.2791

    Address

  • Full Address: 179 Raven Rd
  • Address - House Number: 179
  • Address - Street Name: Raven
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C088
  • 4-Digit Zip Code: 1534
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 519,832
  • High Value: 616,641
  • Low Value: 423,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,800
  • Assessed Land Value: $186,900
  • Assessed Improvements Value: $258,900

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 314287
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:

$599,000

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72906120

Frequently Asked Questions

When was property at 179 Raven Road built and last sold?
The property at 179 Raven Road was built in 1960 and last sold on Nov 19, 2021 for $430,000.
How much is this home worth?
The estimated value of the home located at 179 Raven Road is $0.
What are some comparable homes to 179 Raven Road?
There are currently no comparable homes to 179 Raven Road.
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