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Lowell 01851 Highlands
226 Princeton Blvd
$247,000
● House - Off Market

226 Princeton Blvd

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,404 Ft²
$339,704
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

MULTIPLE OFFER NOTIFICATION. Highest and Best by 4 PM 06/10/20. Lowell Highlands! You can't beat the location! Bring this corner lot four-bedroom colonial to its past glory! Well built ready for your personal touches. Enjoy the free-flowing layout on the main level with a large living room, formal dining room, entry foyer, and a large kitchen. Four bedrooms and the full bathroom on the second level. The property features hardwood floors, off-street parking, full basement with laundry connections, and front porch. See it today! Great investment opportunity in a red hot location not to be missed.  Showings are subject to the state's COVID-19 orders, recommendations, and guidance. Face-masks must be worn.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$175
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1920

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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 #72668357)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Oct 22, 2020 Listed by United Brokers $424,900
Listed by United Brokers
Jul 23, 2020 Sold
Premium
Sold
Jun 5, 2020 Listed by United Brokers $245,000
Listed by United Brokers
Dec 31, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,833
  • Gross Building Area: 2,710
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 311300

Zoning

  • Zoning: TSF

Geography

  • Account Number: V00440
  • Parcel: LOWE M:88 B:4770 L:226
  • Block: 4770
  • Lot: 226
  • Municipality: LOWELL
  • Latitude: 42.6345
  • Longitude: -71.3397

    Address

  • Full Address: 226 Princeton Blvd
  • Address - House Number: 226
  • Address - Street Name: Princeton
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C034
  • 4-Digit Zip Code: 2418
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 497,128
  • High Value: 589,837
  • Low Value: 404,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,500
  • Assessed Land Value: $127,700
  • Assessed Improvements Value: $251,800

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68857
  • Previous Sale Recording Date: Jul 23, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $247,000
  • 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

2481 ft²

Average Home Age

85.7 years

Currently For Sale

30 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# 72668357

Frequently Asked Questions

When was property at 226 Princeton Boulevard built and last sold?
The property at 226 Princeton Boulevard was built in 1920 and last sold on Dec 30, 2020 for $435,500.
How much is this home worth?
The estimated value of the home located at 226 Princeton Boulevard is $422,525.
What are some comparable homes to 226 Princeton Boulevard?
There are currently no comparable homes to 226 Princeton Boulevard.
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