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Lowell 01852 South Lowell
3 Bourne St
$263,000
● House - Off Market

3 Bourne St

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,077 Ft²
$438,873
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

HIGHEST and BEST OFFER DUE BY MONDAY 8-8-16 at 6pm. This meticulously kept single family home is ready to move in! Pride of ownership shows throughout this fabulous home. This home includes all new stainless steel appliances and tile flooring in the kitchen. Brand New heating system and New Electrical system 200 amps. Property offers a well kept fenced in yard with new sod and off street parking.  Beautiful hardwood flooring throughout the first floor. Perfect commuter location, close to major highways and the commuter rail.  This charming home will not last, schedule a showing today!
Unit Size
2,077 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$125
Property Type
House
Property Taxes
$285
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 months ago (MLSPIN #72039573)

Price History

Date / Event Date Event Price
Sep 23, 2016 Sold
Premium
Sold
Jul 18, 2016 Listed by Keller Williams Realty-Merrimack $259,959
Listed by Keller Williams Realty-Merrimack
Sep 10, 2010 Sold
Premium
Sold
Jun 3, 2010 Listed by Keller Williams Realty-Merrimack $219,900
Listed by Keller Williams Realty-Merrimack

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 2,077
  • Gross Building Area: 3,838
  • Building Area: 2,077
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,077
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • 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: 312100

Zoning

  • Zoning: TTF

Geography

  • Account Number: W05245
  • Parcel: LOWE M:184 B:695 L:3
  • Block: 695
  • Lot: 3
  • Municipality: LOWELL
  • Latitude: 42.6283
  • Longitude: -71.3028

    Address

  • Full Address: 3 Bourne St
  • Address - House Number: 3
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C095
  • 4-Digit Zip Code: 4619
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 513,385
  • High Value: 612,052
  • Low Value: 414,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,400
  • Assessed Land Value: $88,600
  • Assessed Improvements Value: $304,800

    Sales

  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45822
  • Previous Sale Recording Date: Sep 10, 2010
  • Previous Sale Amount: $216,950
  • 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# 72039573

Frequently Asked Questions

When was property at 3 Bourne Street built and last sold?
The property at 3 Bourne Street was built in 1920 and last sold on Jan 1, 1970 for $263,000.
How much is this home worth?
The estimated value of the home located at 3 Bourne Street is $277,608.
What are some comparable homes to 3 Bourne Street?
There are currently no comparable homes to 3 Bourne Street.
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