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Lowell 01850 Centralville
231 Aiken Ave
$390,000
● House - Off Market

231 Aiken Ave

Lowell, MA 01850
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,018 Ft²
$366,128
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This Ranch is the entertainer's dream! The private yard and full bar is the perfect space for gatherings with family and friends. Make this well maintained home your own!  The newer stainless steel appliances, and updated bathroom makes moving in all too easy. Lets not forget to add hardwood floors and an electric car charger to the list of features. Located close to shopping, the highway, and hiking trails. Do not miss this opportunity. First Showings start at the OPEN HOUSE!!
Unit Size
1,018 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$344
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1930

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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: 6 months ago (MLSPIN #73036732)

Price History

Date / Event Date Event Price
Oct 24, 2022 Sold
Premium
Sold
Sep 22, 2022 In contract -
In contract
Sep 14, 2022 Listed by Chinatti Realty Group, Inc. $349,900
Listed by Chinatti Realty Group, Inc.
Sep 9, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by Chinatti Realty Group, Inc. $269,900
Listed by Chinatti Realty Group, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 878
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,939
  • Total Building Area: 1,018
  • Gross Building Area: 1,843
  • Building Area: 1,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,018
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: 310300

Zoning

  • Zoning: TSF

Geography

  • Account Number: V02595
  • Parcel: LOWE M:172 B:65 L:231
  • Block: 65
  • Lot: 231
  • Municipality: LOWELL
  • Latitude: 42.6621
  • Longitude: -71.3085

    Address

  • Full Address: 231 Aiken Ave
  • Address - House Number: 231
  • Address - Street Name: Aiken
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C019
  • 4-Digit Zip Code: 1208
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 385,833
  • High Value: 458,372
  • Low Value: 313,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $128,100
  • Assessed Improvements Value: $179,900

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44080
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Sep 09, 2019
  • Previous Sale Amount: $285,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1957 ft²

Average Home Age

93.2 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: 6 months ago
Data Source: MLS PIN, MLS# 73036732

Frequently Asked Questions

When was property at 231 Aiken Avenue built and last sold?
The property at 231 Aiken Avenue was built in 1930 and last sold on Oct 24, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 231 Aiken Avenue is $352,791.
What are some comparable homes to 231 Aiken Avenue?
There are currently no comparable homes to 231 Aiken Avenue.
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