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Lowell 01851 Highlands
227 Westview Rd
$479,999
● House - Off Market

227 Westview Rd

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,654 Ft²
$887,069
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Look no further, you've found your dream home!  Spacious, newer construction located at the end of a cul-de-sac in the Upper Highlands.  Exterior features include a farmers porch, large driveway, a 2 car under garage, a fenced in yard with lawn sprinklers, as well as a large stone patio-great for entertaining.  The 1st floor boasts a large eat-in kitchen with Bosch appliances, as well as, a dining room, living room with fire place and a sun room.  The 2nd floor is highlighted by a master suite-bedroom, walk-in closet and 4 piece bathroom.  Additionally, the 2nd floor has 2 more bedrooms, a full bath and laundry.
Unit Size
2,654 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$188
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
2006

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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 #71852634)

Price History

Date / Event Date Event Price
Nov 19, 2015 Sold
Premium
Sold
Jun 7, 2015 Listed by Dutton Real Estate, LLC $499,999
Listed by Dutton Real Estate, LLC
May 7, 2007 Sold
Premium
Sold
Jan 10, 2007 Listed by Dutton Real Estate, LLC $514,900
Listed by Dutton Real Estate, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 674
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,203
  • Total Building Area: 2,702
  • Gross Building Area: 6,012
  • Building Area: 2,702
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,702
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: 311600

Zoning

  • Zoning: SSF

Geography

  • Account Number: B18785
  • Parcel: LOWE M:77 B:6255 L:227
  • Block: 6255
  • Lot: 227
  • Municipality: LOWELL
  • Latitude: 42.6244
  • Longitude: -71.3411

    Address

  • Full Address: 227 Westview Rd
  • Address - House Number: 227
  • Address - Street Name: Westview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C037
  • 4-Digit Zip Code: 3431
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 792,490
  • High Value: 931,937
  • Low Value: 653,043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,500
  • Assessed Land Value: $160,100
  • Assessed Improvements Value: $540,400

    Sales

  • Current Sale Recording Date: Nov 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53152
  • Previous Sale Recording Date: May 07, 2007
  • Previous Sale Amount: $514,900
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2448 ft²

Average Home Age

85 years

Currently For Sale

24 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# 71852634

Frequently Asked Questions

When was property at 227 Westview Road built and last sold?
The property at 227 Westview Road was built in 2006 and last sold on Jan 1, 1970 for $479,999.
How much is this home worth?
The estimated value of the home located at 227 Westview Road is $526,786.
What are some comparable homes to 227 Westview Road?
There are currently no comparable homes to 227 Westview Road.
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