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Lowell 01851 Highlands
185 Florence Rd
$375,000
● House - Off Market

185 Florence Rd

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,658 Ft²
$591,023
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Fabulous location!!!  close to Daley school.  3 bedrooms, 2 baths, hardwood floors, bright and cheery kitchen, gas fireplace in family room,3 season porch, 1 car garage,  fully finished basement, complete with pool table, washer and dryer with full size doors to leading to patio and above ground pool.  Great home for entertaining and plenty of space to spread out!  Close to Lowell Connector, Rt 495 and Rt 3.
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$235
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1958

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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: 4 months ago (MLSPIN #72313667)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by Cameron Prestige, LLC $499,900
Listed by Cameron Prestige, LLC
Jun 27, 2018 Sold
Premium
Sold
Apr 1, 2018 Listed by Cameron Prestige, LLC $389,900
Listed by Cameron Prestige, LLC
Dec 20, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,228
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,688
  • Total Building Area: 1,658
  • Gross Building Area: 2,996
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VAN GREENBY REALTY TRUST
  • Land Acres: 0000000291
  • 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: 311600

Zoning

  • Zoning: SSF

Geography

  • Account Number: G11430
  • Parcel: LOWE M:91 B:2355 L:185
  • Block: 2355
  • Lot: 185
  • Municipality: LOWELL
  • Latitude: 42.6252
  • Longitude: -71.3378

    Address

  • Full Address: 185 Florence Rd
  • Address - House Number: 185
  • Address - Street Name: Florence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 3931
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $590,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 581,555
  • High Value: 690,009
  • Low Value: 473,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,100
  • Assessed Land Value: $193,400
  • Assessed Improvements Value: $281,700

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49191
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: O
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 Highlands

Stats & Trends

Median Asking:

$532,500

Sale Price/ft²

$317

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2523 ft²

Average Home Age

89.3 years

Currently For Sale

32 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# 72313667

Frequently Asked Questions

When was property at 185 Florence Road built and last sold?
The property at 185 Florence Road was built in 1958 and last sold on Aug 20, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 185 Florence Road is $503,671.
What are some comparable homes to 185 Florence Road?
There are currently no comparable homes to 185 Florence Road.
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