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Lowell 01852 Downtown Lowell
231 Appleton St
$299,900
● House - Off Market

231 Appleton St

Lowell, MA 01852
bedrooms
9 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,741 Ft²
$302,225
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Investor Special!  Cash offers preferred. Property is being conveyed as a  vacant single family home. Some Repairs are needed. Furnace is three years of age. On street parking for 3 cars. This is a 6 bedroom home. Property is being conveyed in "AS IS" AND "WHERE IS" CONDITION...Buyers please conduct your due diligence
Unit Size
2,741 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$109
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1890

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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: 4 months ago (MLSPIN #73076718)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Mar 10, 2023 In contract -
In contract
Feb 8, 2023 Listed by LAER Realty Partners $299,900
Listed by LAER Realty Partners
May 23, 2016 Sold
Premium
Sold
Jan 29, 2016 Listed by LAER Realty Partners $215,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,133
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,803
  • Total Building Area: 2,741
  • Gross Building Area: 4,180
  • Building Area: 2,741
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,741
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • 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: 310101

Zoning

  • Zoning: UMU

Geography

  • Account Number: M01720
  • Parcel: LOWE M:161 B:195 L:231
  • Block: 195
  • Lot: 231
  • Municipality: LOWELL
  • Latitude: 42.6399
  • Longitude: -71.3131

    Address

  • Full Address: 231 Appleton St
  • Address - House Number: 231
  • Address - Street Name: Appleton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C066
  • 4-Digit Zip Code: 2531
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 51
  • Final Value: 505,499
  • High Value: 627,550
  • Low Value: 383,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,200
  • Assessed Land Value: $73,800
  • Assessed Improvements Value: $336,400

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14625
  • Previous Sale Recording Date: Apr 06, 2018
  • 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 Downtown Lowell

Stats & Trends

Median Asking:

$338,900

Sale Price/ft²

$317

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1239 ft²

Average Home Age

113.5 years

Currently For Sale

17 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# 73076718

Frequently Asked Questions

When was property at 231 Appleton Street built and last sold?
The property at 231 Appleton Street was built in 1890 and last sold on May 25, 2023 for $299,900.
How much is this home worth?
The estimated value of the home located at 231 Appleton Street is $301,675.
What are some comparable homes to 231 Appleton Street?
There are currently no comparable homes to 231 Appleton Street.
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