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Lowell 01852 South Lowell
231 Pleasant Street
$70,000
● Land - Off Market

231 Pleasant Street

Lowell, MA 01852
bedrooms
Studio
bathrooms
0 Bath
$200,821
RealtyHop Estimate
168.56%
Since Oct 1, 2001
National-US
Primary Model

About This Property

TRULY A RARE FIND - LEVEL BUILDABLE LOT IN THE HEART OF THE CITY.ZONED FOR EITHER SINGLE OR MULTI FAMILY AND LOCATED ON THE FORT HILL PARK END OF PLEASANT STREET, DON'T MISS OUT ON THIS ONE!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
2002

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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 years ago (MLSPIN #30529432)

Price History

Date / Event Date Event Price
Sep 7, 2001 Sold
Premium
Sold
Jul 29, 2001 Listed $74,777
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,120
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,789
  • Total Building Area: 2,912
  • Gross Building Area: 4,996
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 312300

Zoning

  • Zoning: TTF

Geography

  • Account Number: M07710
  • Parcel: LOWE M:202 B:4680 L:231
  • Block: 4680
  • Lot: 231
  • Municipality: LOWELL
  • Latitude: 42.6358
  • Longitude: -71.2986

    Address

  • Full Address: 231 Pleasant St
  • Address - House Number: 231
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C084
  • 4-Digit Zip Code: 3629
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $856,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 760,264
  • High Value: 883,880
  • Low Value: 636,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $689,400
  • Assessed Land Value: $122,400
  • Assessed Improvements Value: $567,000

    Sales

  • Current Sale Recording Date: Sep 07, 2001
  • Current Sale Price:
    Premium
  • Current 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 South Lowell

Stats & Trends

Median Asking:

$497,400

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2164 ft²

Average Home Age

81.6 years

Currently For Sale

25 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30529432

Frequently Asked Questions

When was property at 231 Pleasant Street built and last sold?
The property at 231 Pleasant Street was built in 2002 and last sold on Jan 1, 1970 for $70,000.
How much is this home worth?
The estimated value of the home located at 231 Pleasant Street is $0.
What are some comparable homes to 231 Pleasant Street?
There are currently no comparable homes to 231 Pleasant Street.
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