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Lowell 01852 South Lowell
26 Otis St
$334,000
● House - Off Market

26 Otis St

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,466 Ft²
$482,897
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Looking for an updated ready to move in ! Your search is over! Four fantastic bedrooms, two full baths, granite kitchen countertop with high quality appliances. The living room open up to kitchen and a large enclosed porch/patio that could be used as an office/playroom/gym room. Hardwood floors throughout. Full basement for extra storage. New Roof and Siding. Recently Upgraded High efficiency HVAC systems. New paved driveway with 2 cars garage. This home is perfect for the buyer just starting out. Great update...Great living space .....Great location..... ! Just 3 minutes away from Rte. 495 and Lowell Connector !!
Unit Size
1,466 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$225
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #72577873)

Price History

Date / Event Date Event Price
Nov 25, 2019 Sold
Premium
Sold
Oct 9, 2019 Listed by J & J Realty Group $329,900
Listed by J & J Realty Group
Jul 2, 2019 Sold
Premium
Sold
Sep 27, 2016 Sold
Premium
Sold
Jul 6, 2016 Listed by J & J Realty Group $185,000
Listed by J & J Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 594
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,182
  • Total Building Area: 1,466
  • Gross Building Area: 2,527
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: 312100

Zoning

  • Zoning: TTF

Geography

  • Account Number: W01350
  • Parcel: LOWE M:184 B:4470 L:26
  • Block: 4470
  • Lot: 26
  • Municipality: LOWELL
  • Latitude: 42.6289
  • Longitude: -71.304

    Address

  • Full Address: 26 Otis St
  • Address - House Number: 26
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C095
  • 4-Digit Zip Code: 4628
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 454,094
  • High Value: 541,366
  • Low Value: 366,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,500
  • Assessed Land Value: $96,400
  • Assessed Improvements Value: $239,100

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52779
  • Previous Sale Recording Date: Jul 02, 2019
  • Previous Sale Contract Date: Jul 02, 2019
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: O
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:

$499,900

Sale Price/ft²

$311

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2287 ft²

Average Home Age

73.7 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72577873

Frequently Asked Questions

When was property at 26 Otis Street built and last sold?
The property at 26 Otis Street was built in 1920 and last sold on Nov 25, 2019 for $334,000.
How much is this home worth?
The estimated value of the home located at 26 Otis Street is $337,529.
What are some comparable homes to 26 Otis Street?
There are currently no comparable homes to 26 Otis Street.
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