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Lowell 01852 South Lowell
2 Ayer Ave
$226,000
● House - Off Market

2 Ayer Ave

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$336,006
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Single family house on large fenced lot, updated eat-in kitchen with granite countertops, kitchen island with room for stools, lots of cabinets and newer appliances, 2+ bedrooms, 3rd bedroom could make a great office, washer and dryer included. 4 car parking. Convenient location, near highway, on a side street.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$174
Property Type
House
Property Taxes
$210
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: 4 months ago (MLSPIN #72200475)

Price History

Date / Event Date Event Price
Sep 22, 2017 Sold
Premium
Sold
Jul 19, 2017 Listed by Centre Realty Group $211,000
Listed by Centre Realty Group
May 1, 2006 Sold
Premium
Sold
Feb 9, 2006 Listed by Centre Realty Group $224,900
Listed by Centre Realty Group
May 1, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 15
  • 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: 521
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,717
  • Total Building Area: 1,216
  • Gross Building Area: 1,744
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000085
  • 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: 312200

Zoning

  • Zoning: TSF

Geography

  • Account Number: D07460
  • Parcel: LOWE M:167 B:340 L:2
  • Block: 340
  • Lot: 2
  • Municipality: LOWELL
  • Latitude: 42.623
  • Longitude: -71.3122

    Address

  • Full Address: 2 Ayer Ave
  • Address - House Number: 2
  • Address - Street Name: Ayer
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C070
  • 4-Digit Zip Code: 4503
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 380,521
  • High Value: 453,653
  • Low Value: 307,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,500
  • Assessed Land Value: $108,700
  • Assessed Improvements Value: $185,800

    Sales

  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42256
  • Previous Sale Recording Date: May 01, 2006
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: 27
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:

$499,950

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2572 ft²

Average Home Age

77.9 years

Currently For Sale

21 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72200475

Frequently Asked Questions

When was property at 2 Ayer Avenue built and last sold?
The property at 2 Ayer Avenue was built in 1920 and last sold on Jan 1, 1970 for $226,000.
How much is this home worth?
The estimated value of the home located at 2 Ayer Avenue is $222,093.
What are some comparable homes to 2 Ayer Avenue?
There are currently no comparable homes to 2 Ayer Avenue.
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