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Lowell 01852 South Lowell
18 Christman Ave
$370,000
● House - Off Market

18 Christman Ave

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,416 Ft²
$376,223
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Ranch Style home in South Lowell with a 1 car detached garage.  Nice Yard.  1st floor offers kitchen, living room with faux electric fireplace, 3 bedrooms, bath, a small deck and an enclosed porch.  Basement offers kitchen, laundry, game room and bonus room, access to a large enclosed porch.  This home has easy access to 495.  The on ramp is right next to the house.  Updated furnace, windows, and roof.  Kitchen & baths could use some updating.  This home has only had one owner since it was built.  Come and take a look and make it your own!  Please submit all offers by Tuesday 10/25/22 at 12:00 noon.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$247
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1956

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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: 6 months ago (MLSPIN #73051077)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Oct 25, 2022 In contract -
In contract
Oct 21, 2022 Listed by Coco, Early & Associates $349,900
Listed by Coco, Early & Associates

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 1,080
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,359
  • Total Building Area: 1,416
  • Gross Building Area: 2,740
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOBURN ST
  • Land Acres: 0000000261
  • 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: 312300

Zoning

  • Zoning: TSF

Geography

  • Account Number: B09570
  • Parcel: LOWE M:242 B:1235 L:18
  • Block: 1235
  • Lot: 18
  • Municipality: LOWELL
  • Latitude: 42.618
  • Longitude: -71.2879

    Address

  • Full Address: 18 Christman Ave
  • Address - House Number: 18
  • Address - Street Name: Christman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C076
  • 4-Digit Zip Code: 5708
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 472,262
  • High Value: 563,029
  • Low Value: 381,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,100
  • Assessed Land Value: $185,300
  • Assessed Improvements Value: $222,800

    Sales

  • Current Sale Contract Date: Dec 23, 2022
  • Current Sale Recording Date: Dec 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51823
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:

$498,900

Sale Price/ft²

$305

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2137 ft²

Average Home Age

82.9 years

Currently For Sale

26 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: 6 months ago
Data Source: MLS PIN, MLS# 73051077

Frequently Asked Questions

When was property at 18 Christman Avenue built and last sold?
The property at 18 Christman Avenue was built in 1956 and last sold on Dec 23, 2022 for $370,000.
How much is this home worth?
The estimated value of the home located at 18 Christman Avenue is $358,521.
What are some comparable homes to 18 Christman Avenue?
There are currently no comparable homes to 18 Christman Avenue.
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