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Lowell 01851 Highlands
271 Gibson St
Photo of 271 Gibson St
Sold on Jul 31, 2025

37

Map

Photo of 271 Gibson St
Photo of 271 Gibson St
$545,000
● House - Off Market

271 Gibson St

Lowell, MA 01851
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,508 Ft²
$3,160
Est. Monthly
7.35%
Cap Rate

About This Property

Great upper Highlands location! Nicely updated 4-bedroom colonial. With tons of space to expand in the partially finished attic or partially finished basement with a 3/4 bathroom. The first floor has tons of windows and lots of natural light, a large coat closet in the foyer, large living room, a beautiful, modernized eat in kitchen, a 3/4 bath with laundry, a breezeway that leads out to the deck and fenced in backyard, interior basement access. On the second level are, 4 bedrooms, a full bathroom and walk-up attic access. Hardwood, hardwood laminate and tile throughout. Location is close to major highways, public transportation, schools, hospitals, university, shopping, dining, nightlife, etc. Bring your decorations and furniture and move right in!
Unit Size
2,508 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$219
Property Type
House
Property Taxes
$459
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: 2 years ago (MLSPIN #73371592)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Premium
Sold
Jun 26, 2025 In contract -
In contract
Jun 23, 2025 Price Decreased $549,900
↓ $20K (3.5%)
Price Decreased
Jun 17, 2025 Relisted $569,900
Relisted
May 30, 2025 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 9
  • Basement Area: 826
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,515
  • Total Building Area: 2,508
  • Gross Building Area: 3,913
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • 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: M17760
  • Parcel: LOWE M:89 B:2620 L:271
  • Block: 2620
  • Lot: 271
  • Municipality: LOWELL
  • Latitude: 42.6312
  • Longitude: -71.3387

    Address

  • Full Address: 271 Gibson St
  • Address - House Number: 271
  • Address - Street Name: Gibson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C052
  • 4-Digit Zip Code: 3015
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $508,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 640,204
  • High Value: 790,986
  • Low Value: 489,422

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,000
  • Assessed Land Value: $124,100
  • Assessed Improvements Value: $284,900

    Sales

  • Current Sale Recording Date: May 21, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00026285
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:

$549,900

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2448 ft²

Average Home Age

85 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: 2 years ago
Data Source: MLS PIN, MLS# 73371592

Frequently Asked Questions

When was property at 271 Gibson Street built and last sold?
The property at 271 Gibson Street was built in 1900 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 271 Gibson Street is $0.
What are some comparable homes to 271 Gibson Street?
There are currently no comparable homes to 271 Gibson Street.
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