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Lowell 01850 Centralville
261 Aiken Avenue
$159,900
● House - Off Market

261 Aiken Avenue

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,389 Ft²
$458,732
RealtyHop Estimate
186.89%
Since Nov 1, 2000
National-US
Primary Model

About This Property

COLONIAL SINGLE FAMILY HOME WITH ENCLOSED PORCH, REAR DECK ON LOVELY 12,000 SQ FT LOT. EXCELLENT LOCATION NEAR PARK, BUSLINE,  SHOPPING AND SCHOOLS. THREE FLOORS OF LIVING SPACE PLUS FULL BASEMENT.WONDERFUL OPPORTUNITY. NEEDS TLC.
Unit Size
2,389 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$67
Property Type
House
Property Taxes
$190
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: 4 years ago (MLSPIN #30443958)

Price History

Date / Event Date Event Price
Oct 23, 2000 Sold
Premium
Sold
Sep 9, 2000 Listed $159,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 2,258
  • Gross Building Area: 4,001
  • Building Area: 2,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 310300

Zoning

  • Zoning: TSF

Geography

  • Account Number: C06910
  • Parcel: LOWE M:172 B:65 L:261
  • Block: 65
  • Lot: 261
  • Municipality: LOWELL
  • Latitude: 42.6628
  • Longitude: -71.3077

    Address

  • Full Address: 261 Aiken Ave
  • Address - House Number: 261
  • Address - Street Name: Aiken
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C019
  • 4-Digit Zip Code: 1256
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $543,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 527,999
  • High Value: 624,351
  • Low Value: 431,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,600
  • Assessed Land Value: $122,300
  • Assessed Improvements Value: $315,300

    Sales

  • Current Sale Recording Date: Oct 23, 2000
  • Current Sale Price:
    Premium
  • Current 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2023 ft²

Average Home Age

93.7 years

Currently For Sale

26 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# 30443958

Frequently Asked Questions

When was property at 261 Aiken Avenue built and last sold?
The property at 261 Aiken Avenue was built in 1920 and last sold on Jan 1, 1970 for $159,900.
How much is this home worth?
The estimated value of the home located at 261 Aiken Avenue is $0.
What are some comparable homes to 261 Aiken Avenue?
There are currently no comparable homes to 261 Aiken Avenue.
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