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Lowell 01851 Highlands
248 Pine Street
$179,900
● House - Off Market

248 Pine Street

Lowell, MA 01851
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
$575,054
RealtyHop Estimate
219.65%
Since Jul 1, 1999
National-US
Primary Model

About This Property

EXPECT THE BEST!  LOTS OF LOVE & CARE GIVEN TO THIS FAM. HOME IN INGENIOUS OWNERS. ENTRY FOYER W/STAINED GLASS, HAND CRAFTED OAK CAB. KIT, PLUS FORMAL DR, ENTERTAINMENT SIZE LR, CORNER LOT W/2C GAR. BONUS-3RD FLR SUITE - WHAT A TREAT!
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1900

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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 #30301879)

Price History

Date / Event Date Event Price
Nov 29, 2001 Sold
Premium
Sold
Sep 13, 2001 Listed $264,900
Listed
Jun 30, 1999 Sold
Premium
Sold
Mar 16, 1999 Listed $179,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,318
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,069
  • Total Building Area: 3,339
  • Gross Building Area: 5,570
  • Building Area: 3,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,339
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4064 B
  • Land Acres: 0000000162
  • 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: 311500

Zoning

  • Zoning: TSF

Geography

  • Account Number: C10210
  • Parcel: LOWE M:89 B:4655 L:248
  • Block: 4655
  • Lot: 248
  • Municipality: LOWELL
  • Latitude: 42.6311
  • Longitude: -71.335

    Address

  • Full Address: 248 Pine St
  • Address - House Number: 248
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C040
  • 4-Digit Zip Code: 3129
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $724,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 723,690
  • High Value: 842,109
  • Low Value: 605,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,900
  • Assessed Land Value: $141,700
  • Assessed Improvements Value: $441,200

    Sales

  • Current Sale Recording Date: Nov 29, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: 48
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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$318

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2543 ft²

Average Home Age

89.3 years

Currently For Sale

32 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: 4 years ago
Data Source: MLS PIN, MLS# 30301879

Frequently Asked Questions

When was property at 248 Pine Street built and last sold?
The property at 248 Pine Street was built in 1900 and last sold on Jan 1, 1970 for $264,900.
How much is this home worth?
The estimated value of the home located at 248 Pine Street is $0.
What are some comparable homes to 248 Pine Street?
There are currently no comparable homes to 248 Pine Street.
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