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Lowell 01850 Centralville
253 3rd St
$370,000
● House - Off Market

253 3rd St

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,836 Ft²
$382,444
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome home to this well-cared for Colonial in Christian Hill. Inside you will find a spacious updated kitchen with direct entry from mudroom, recessed lighting, modern appliances, dining area and First floor half-bath. The main floor continues into an expansive living room with french doors and separate room which could be home office or kids playroom. Heading upstairs, there are 3 bedrooms each with closests and full main bathroom with large storage closet. This home boasts over 1,800 sq. feet and is ready for your personal touches. Head outside into the beautifully landscaped and private backyard with large garden waiting for your greenthumb! Off-street parking for 3-4 cars and extra storage in carriage house. OFFER DEADLINE: MONDAY JULY 11th at 6PM
Unit Size
1,836 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$201
Property Type
House
Property Taxes
$356
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 months ago (MLSPIN #73007508)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Better Homes and Gardens Real Estate - The Masiello Group $369,900
Listed by Better Homes and Gardens Real Estate - The Masiello Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 979
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,265
  • Total Building Area: 1,836
  • Gross Building Area: 3,763
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: M15350
  • Parcel: LOWE M:215 B:5675 L:253
  • Block: 5675
  • Lot: 253
  • Municipality: LOWELL
  • Latitude: 42.6499
  • Longitude: -71.2943

    Address

  • Full Address: 253 3rd St
  • Address - House Number: 253
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C016
  • 4-Digit Zip Code: 2247
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 471,385
  • High Value: 562,324
  • Low Value: 380,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,600
  • Assessed Land Value: $110,800
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36077
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$300

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73007508

Frequently Asked Questions

When was property at 253 3rd Street built and last sold?
The property at 253 3rd Street was built in 1900 and last sold on Aug 25, 2022 for $370,000.
How much is this home worth?
The estimated value of the home located at 253 3rd Street is $383,567.
What are some comparable homes to 253 3rd Street?
There are currently no comparable homes to 253 3rd Street.
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