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Lowell 01850 Centralville
266 Third St
$230,000
● House - Off Market

266 Third St

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,217 Ft²
$345,920
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Affordable!  Adorable!   Sweet charming home with character located on a huge stunning corner lot , on the top of the hill in a great location . Plenty of room if you want off street parking, plenty of room to park on the street in front of your home. Enjoy sitting on your front porch or private rear deck. Beautiful hardwood floors, lots of natural woodwork.  walk in attic for extra storage. With some updating this is a gem not to miss out on . Easy to show and ready to go. You will want to call this your home sweet home.
Unit Size
1,217 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$168
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1910

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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 #72048445)

Price History

Date / Event Date Event Price
Sep 13, 2016 Sold
Premium
Sold
Aug 4, 2016 Listed by LAER Realty Partners $204,900
Listed by LAER Realty Partners
Jan 30, 1961 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,692
  • Total Building Area: 1,217
  • Gross Building Area: 2,387
  • Building Area: 1,217
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,217
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000222
  • 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: B11840
  • Parcel: LOWE M:215 B:5675 L:266
  • Block: 5675
  • Lot: 266
  • Municipality: LOWELL
  • Latitude: 42.6502
  • Longitude: -71.2939

    Address

  • Full Address: 266 3rd St
  • Address - House Number: 266
  • 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: $408,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 415,919
  • High Value: 495,672
  • Low Value: 336,165

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,200
  • Assessed Land Value: $136,600
  • Assessed Improvements Value: $192,600

    Sales

  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43779
  • Previous Sale Recording Date: Jan 30, 1961
  • Previous Sale Amount: $11,000
  • Previous 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

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# 72048445

Frequently Asked Questions

When was property at 266 3rd Street built and last sold?
The property at 266 3rd Street was built in 1910 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 266 3rd Street is $217,564.
What are some comparable homes to 266 3rd Street?
There are currently no comparable homes to 266 3rd Street.
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