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Lowell 01851 Highlands
22 Florence Ave
$295,000
● House - Off Market

22 Florence Ave

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$532,150
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Stunning four bedroom home completely remodeled in the Upper Highlands. There is nothing to do except add in your personal interior decor. Solid maple cabinets, granite countertop, stainless steel appliances, New Energy Star windows, hardwood floors throughout. Unfinished walk up attic with an additional 500 sq feet. Good sized bedrooms and an excellent, spacious floor plan. Two car garage with new roof and structure. Nicely landscaped private lot to enjoy.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$188
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71890768)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Mar 23, 2021 Listed by www.EntryOnly.com $420,000
Listed by www.EntryOnly.com
Oct 9, 2015 Sold
Premium
Sold
Aug 17, 2015 Listed by www.EntryOnly.com $299,999
Listed by www.EntryOnly.com
Jun 11, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 736
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,462
  • Total Building Area: 1,528
  • Gross Building Area: 3,346
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000102
  • 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: 311500

Zoning

  • Zoning: TSF

Geography

  • Account Number: B15500
  • Parcel: LOWE M:89 B:2345 L:22
  • Block: 2345
  • Lot: 22
  • Municipality: LOWELL
  • Latitude: 42.6328
  • Longitude: -71.3397

    Address

  • Full Address: 22 Florence Ave
  • Address - House Number: 22
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 3013
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $497,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 520,161
  • High Value: 617,166
  • Low Value: 423,156

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,800
  • Assessed Land Value: $123,700
  • Assessed Improvements Value: $277,100

    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: 49231
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Amount: $295,000
  • 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:

$549,900

Sale Price/ft²

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2440 ft²

Average Home Age

84.3 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 71890768

Frequently Asked Questions

When was property at 22 Florence Avenue built and last sold?
The property at 22 Florence Avenue was built in 1900 and last sold on Aug 20, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 22 Florence Avenue is $419,027.
What are some comparable homes to 22 Florence Avenue?
There are currently no comparable homes to 22 Florence Avenue.
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