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Lowell 01850 Centralville
295 Cumberland Rd
$460,000
● House - Off Market

295 Cumberland Rd

Lowell, MA 01850
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,365 Ft²
$423,857
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Ready to move in!  Inviting entrance with farmer's porch  Open concept beautiful granite counters and SS appliances in the kitchen and dining room that leads to the living room with fireplace and hardwood floors throughout.  The basement is ready to be used as a large recreational space and has a decorative fireplace. There is an updated laundry room with new vinyl plank floors.  In the backyard is a patio off the dining room with a grill right outside for your summer BBQs.  One car garage that enters the kitchen making it easy to carry your bundles. Fenced-in yard to enjoy pets and family & friends.  Great location on the Dracut line. Open house Sat/Sun 12-2
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$307
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1950

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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 #72972209)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Keller Williams Realty Evolution $419,000
Listed by Keller Williams Realty Evolution
Mar 27, 2013 Sold
Premium
Sold
Jun 14, 2012 Listed by Keller Williams Realty Evolution $165,900
Listed by Keller Williams Realty Evolution
Aug 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9
  • Basement Area: 1,011
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,546
  • Total Building Area: 1,365
  • Gross Building Area: 2,557
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 310300

Zoning

  • Zoning: TSF

Geography

  • Account Number: Z00390
  • Parcel: LOWE M:153 B:1595 L:295
  • Block: 1595
  • Lot: 295
  • Municipality: LOWELL
  • Latitude: 42.6619
  • Longitude: -71.3127

    Address

  • Full Address: 295 Cumberland Rd
  • Address - House Number: 295
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C018
  • 4-Digit Zip Code: 1430
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 445,178
  • High Value: 527,900
  • Low Value: 362,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,400
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $253,900

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23598
  • Previous Sale Recording Date: Mar 27, 2013
  • Previous Sale Amount: $165,900
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2186 ft²

Average Home Age

97.7 years

Currently For Sale

25 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# 72972209

Frequently Asked Questions

When was property at 295 Cumberland Road built and last sold?
The property at 295 Cumberland Road was built in 1950 and last sold on Jun 2, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 295 Cumberland Road is $418,877.
What are some comparable homes to 295 Cumberland Road?
There are currently no comparable homes to 295 Cumberland Road.
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