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Lowell 01850 Centralville
244 Third
$255,000
● House - Off Market

244 Third

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$465,301
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Buyers Financing didn't go through!!!  Now is your chance!!!!  Look no further!!!!  Pride of ownership comes with this beautiful and sunny Cape located atop of Christian Hill.  This solid home is in move in condition and has 4 bedrooms, 1 and 3/4 baths, a sun-drenched living room, remodeled and updated kitchen which is open to a large bonus room now used as a dining room.  First floor has hardwood under carpets.  Lots of updates including insulated windows, alarm system, vinyl siding.  This home has been well loved and well taken care of.  The yard is level, almost completely fenced in and has a good sized shed for storage.  Come and see this cozy and comfy home and fall in love!!!  HOME, SWEET HOME.
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$154
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1957

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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 #71908443)

Price History

Date / Event Date Event Price
Feb 5, 2016 Sold
Premium
Sold
Sep 22, 2015 Listed by Coco, Early & Associates - Bridge Realty Division $264,500
Listed by Coco, Early & Associates - Bridge Realty Division

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,001
  • Total Building Area: 1,722
  • Gross Building Area: 2,843
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 310200

Zoning

  • Zoning: TSF

Geography

  • Account Number: C13885
  • Parcel: LOWE M:215 B:5675 L:244
  • Block: 5675
  • Lot: 244
  • Municipality: LOWELL
  • Latitude: 42.6502
  • Longitude: -71.2947

    Address

  • Full Address: 244 3rd St
  • Address - House Number: 244
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2254
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $503,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 521,385
  • High Value: 622,093
  • Low Value: 420,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,300
  • Assessed Land Value: $127,300
  • Assessed Improvements Value: $278,000

    Sales

  • Current Sale Recording Date: Feb 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5333
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

55

Average Home Size

2121 ft²

Average Home Age

97.3 years

Currently For Sale

24 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 months ago
Data Source: MLS PIN, MLS# 71908443

Frequently Asked Questions

When was property at 244 3rd Street built and last sold?
The property at 244 3rd Street was built in 1957 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 244 3rd Street is $280,018.
What are some comparable homes to 244 3rd Street?
There are currently no comparable homes to 244 3rd Street.
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