*****Commuter's dream...steps to the commuter rail. STOP Renting...!
2 bedroom Townhouse living in historic Keith Academy sits on
the corner of the 15 acre-$800 million downtown renovation project.
11' ceilings, arched windows, ornamental fireplace with gilded gold
mirror on mantel, antique triple crown molding, kitchen-dining room
pass thru, exposed beams, freshly painted kitchen, new microwave,
kitchen counter-bar, lots of closets and nooks and crannies for
storage. Move in condition , washer/dryer IN unit, 2 parking spots
(1 deeded), plenty of guest parking, additional storage in basement
and in ground pool. Steps to commuter rail, Lowell Connector, Rts
3-93-495.Shops, restaurants, theatre, museums, Tsongas Arena,
Spinners baseball
Unit Size
1,105 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
Condo
Property Taxes
$134
HOA Dues
$289
Year Built
-
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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.
HOA/Condo/Coop Amenities: Pool, Laundry, Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $289
Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
201 Thorndike
#321,
Lowell, MA,
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