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Lowell 01852 South Lowell
288 Perry St
$365,000
● House - Off Market

288 Perry St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,087 Ft²
$345,201
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Affordable and move in ready Colonial is ready for the new owner. This home has light and bright floor plan. Spacious eat-in kitchen offers stainless steel appliances,  vaulted ceiling and skylight. Updates include new first floor bathroom, refinished gleaming hardwood floors,  freshly painted throughout and hot water tank.  Situated on a corner lot with off street parking. Close distance to commuter train and walking distance to Shedd Park and Fort Hill. Quick close!
Unit Size
1,087 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$304
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1917

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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 #73041688)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 30, 2022 In contract -
In contract
Sep 28, 2022 Listed by RE/MAX Insight $329,900
Listed by RE/MAX Insight
Jan 27, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,341
  • Total Building Area: 1,087
  • Gross Building Area: 1,914
  • Building Area: 1,087
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,087
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • 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: 312300

Zoning

  • Zoning: TTF

Geography

  • Account Number: B15780
  • Parcel: LOWE M:203 B:4610 L:288
  • Block: 4610
  • Lot: 288
  • Municipality: LOWELL
  • Latitude: 42.6343
  • Longitude: -71.2991

    Address

  • Full Address: 288 Perry St
  • Address - House Number: 288
  • Address - Street Name: Perry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C084
  • 4-Digit Zip Code: 3608
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $319,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 343,622
  • High Value: 409,664
  • Low Value: 277,579

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,600
  • Assessed Land Value: $82,900
  • Assessed Improvements Value: $174,700

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45075
  • Previous Sale Recording Date: Jan 27, 1989
  • Previous Sale Amount: $74,500
  • 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 South Lowell

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2236 ft²

Average Home Age

73.4 years

Currently For Sale

19 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# 73041688

Frequently Asked Questions

When was property at 288 Perry Street built and last sold?
The property at 288 Perry Street was built in 1917 and last sold on Oct 31, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 288 Perry Street is $336,010.
What are some comparable homes to 288 Perry Street?
There are currently no comparable homes to 288 Perry Street.
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