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Lowell 01854 The Acre
23 Sargent Street
$260,000
● House - Off Market

23 Sargent Street

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,457 Ft²
$395,574
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This wonderful home has been in the same family for 40 years. Now it's time to find a new owner. This sweet home has so much to offer. 3 bedrooms upstairs with possibilities to add a fourth on the first floor. The 1st floor offers a living room, a den, a formal dinning room with some classy built-ins, a casual dinning room all with brand new laminate flooring, freshly painted walls, rooms are generously sized and comfortable. Our roof was installed in 2013, heating unit and water heater were replaced in the last 10 years. This is quite an impressive house complete with a great yard and off street parking. Come take a look!
Unit Size
1,457 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$185
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1880

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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 #72517863)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Jun 12, 2019 Listed by AMB Realty Group $269,900
Listed by AMB Realty Group
Jun 24, 1985 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 964
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,457
  • Gross Building Area: 2,619
  • Building Area: 1,457
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,457
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 310700

Zoning

  • Zoning: TTF

Geography

  • Account Number: H03370
  • Parcel: LOWE M:118 B:5215 L:23
  • Block: 5215
  • Lot: 23
  • Municipality: LOWELL
  • Latitude: 42.6447
  • Longitude: -71.3273

    Address

  • Full Address: 23 Sargent St
  • Address - House Number: 23
  • Address - Street Name: Sargent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C026
  • 4-Digit Zip Code: 3207
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2655
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 410,721
  • High Value: 519,805
  • Low Value: 301,637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,400
  • Assessed Land Value: $81,300
  • Assessed Improvements Value: $204,100

    Sales

  • Current Sale Contract Date: Sep 15, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39456
  • Previous Sale Recording Date: Jun 24, 1985
  • Previous Sale Amount: $74,000
  • 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 The Acre

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$297

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2655 ft²

Average Home Age

93.8 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 72517863

Frequently Asked Questions

When was property at 23 Sargent Street built and last sold?
The property at 23 Sargent Street was built in 1880 and last sold on Sep 15, 2019 for $260,000.
How much is this home worth?
The estimated value of the home located at 23 Sargent Street is $282,438.
What are some comparable homes to 23 Sargent Street?
There are currently no comparable homes to 23 Sargent Street.
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