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Lowell 01852 Belvidere
183 Butman Rd.
$420,000
● House - Off Market

183 Butman Rd.

Lowell, MA 01852
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,441 Ft²
$721,423
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Perched at the top of Butman Road, this updated Belvidere Victorian has all the bells and whistles and wonderful old world charm.Recent updates include maple and granite kitchen,wooden Pella replacement windows, wood burning living room fireplace with  marble facing,and a potential teenage retreat on the 3rd level. There is hardwood, parquet and fir flooring, high ceilings and built-ins galore, including pocket doors. Stained glass windows in the pantry and over the turned staircase. The lot is filled with wonderful plantings, including an orchard containing apples, pears,peaches, Asian pears, rhubarb, raspberries and black walnut trees all ready to be harvested for your picking and enjoyment.  This grand setting could be a fulfillment of the dream house you have been wishing for! This is a MAGNIFICENT HOME!!
Unit Size
3,441 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$124
Property Type
House
Property Taxes
$486
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: 5 months ago (MLSPIN #71899859)

Price History

Date / Event Date Event Price
Jun 29, 2016 Sold
Premium
Sold
Sep 8, 2015 Listed by James L. Cooney REALTORS® $425,000
Listed by James L. Cooney REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,217
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,618
  • Total Building Area: 3,529
  • Gross Building Area: 5,679
  • Building Area: 3,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,529
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000313
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: F05870
  • Parcel: LOWE M:234 B:920 L:183
  • Block: 920
  • Lot: 183
  • Municipality: LOWELL
  • Latitude: 42.6389
  • Longitude: -71.285

    Address

  • Full Address: 183 Butman Rd
  • Address - House Number: 183
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 3015
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 799,184
  • High Value: 939,623
  • Low Value: 658,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,500
  • Assessed Land Value: $202,500
  • Assessed Improvements Value: $423,000

    Sales

  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28640
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:

$599,500

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2423 ft²

Average Home Age

95.3 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 months ago
Data Source: MLS PIN, MLS# 71899859

Frequently Asked Questions

When was property at 183 Butman Road built and last sold?
The property at 183 Butman Road was built in 1920 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 183 Butman Road is $429,101.
What are some comparable homes to 183 Butman Road?
There are currently no comparable homes to 183 Butman Road.
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