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Lowell 01852 Belvidere
227 Burnham Road
$410,000
● House - Off Market

227 Burnham Road

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$323,608
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome home! This affordable ranch which features new roof, 3-bedrooms, 1 bath.  Home is to be sold in "as is" conditionTHIS PROPERTY QUALIFIES FOR FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 05/08/2022 SELLER AND SELLER REPRESENTATIVE MAKE NO REPRESENTATIONS, EITHER EXPRESSED OR IMPLIED. SELLER ADDENDUMS APPLY. ALL OFFERS MUST BE GOOD FOR 72 HOURS & MUST INCLUDE ALL MLS ATTACHMENTS. DISCLOSURES, QUESTIONNAIRE AND PRE-APPROVAL OR PROOF OF FUNDS. NO CHANGES ALLOWED TO CONTRACT AND ADDENDUMS. CONTRACT IS DUE BACK TO L/A WITHIN 48 HOURS WITH NO CHANGES OR MODIFICATIONS AND WITH A BANK CHECK OF EMD AMOUNT MADE OUT TO LISTING AGENCY.HIGHEST AND BEST BY 4/14/22 AT NOON
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$286
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1955

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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 #72964712)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by Coco, Early & Associates $319,900
Listed by Coco, Early & Associates
May 4, 2020 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 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: 7
  • Basement Area: 448
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,672
  • Total Building Area: 1,120
  • Gross Building Area: 1,837
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: D01020
  • Parcel: LOWE M:261 B:880 L:227
  • Block: 880
  • Lot: 227
  • Municipality: LOWELL
  • Latitude: 42.6525
  • Longitude: -71.274

    Address

  • Full Address: 227 Burnham Rd
  • Address - House Number: 227
  • Address - Street Name: Burnham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C091
  • 4-Digit Zip Code: 1613
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2656
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 431,236
  • High Value: 545,806
  • Low Value: 316,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,800
  • Assessed Land Value: $190,400
  • Assessed Improvements Value: $188,400

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25067
  • Previous Sale Recording Date: May 04, 2020
  • Previous Sale Contract Date: Mar 14, 2020
  • Previous Sale Amount: $195,508
  • Previous Sale Document Type: 34
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 Belvidere

Stats & Trends

Median Asking:

$614,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2178 ft²

Average Home Age

97 years

Currently For Sale

31 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# 72964712

Frequently Asked Questions

When was property at 227 Burnham Road built and last sold?
The property at 227 Burnham Road was built in 1955 and last sold on Jun 10, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 227 Burnham Road is $332,079.
What are some comparable homes to 227 Burnham Road?
There are currently no comparable homes to 227 Burnham Road.
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