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Lowell 01852 Belvidere
238 River Rd
$530,000
● House - Off Market

238 River Rd

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$3,100
Est. Monthly

About This Property

Experience the epitome of riverfront living in this exquisite colonial. Perched high above the Merrimack River, this home boasts stunning views, a spacious back porch perfect for entertaining, and a serene private yard. Inside, discover an open-concept design, four well-appointed bedrooms, and a prime location with easy access to major highways and public transportation. Your vision can take this property to next level.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$386
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1960

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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 #73317758)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Jan 15, 2025 In contract -
In contract
Dec 5, 2024 Listed by Redfin Corp. $540,000
Listed by Redfin Corp.
Feb 27, 2020 Sold
Premium
Sold
Jun 26, 2019 Listed by Redfin Corp. $369,900
Listed by Redfin Corp.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 1,400
  • Gross Building Area: 2,464
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 312501

Zoning

  • Zoning: SSF

Geography

  • Account Number: M19955
  • Parcel: LOWE M:261 B:4960 L:238
  • Block: 4960
  • Lot: 238
  • Municipality: LOWELL
  • Latitude: 42.6546
  • Longitude: -71.2759

    Address

  • Full Address: 238 River Rd
  • Address - House Number: 238
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C091
  • 4-Digit Zip Code: 1622
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 502,152
  • High Value: 595,667
  • Low Value: 408,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,400
  • Assessed Land Value: $201,200
  • Assessed Improvements Value: $203,200

    Sales

  • Current Sale Contract Date: Feb 23, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8737
  • Previous Sale Recording Date: Feb 02, 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 Belvidere

Stats & Trends

Median Asking:

$614,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2178 ft²

Average Home Age

97 years

Currently For Sale

31 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# 73317758

Frequently Asked Questions

When was property at 238 River Road built and last sold?
The property at 238 River Road was built in 1960 and last sold on Feb 23, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 238 River Road is $523,537.
What are some comparable homes to 238 River Road?
There are currently no comparable homes to 238 River Road.
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