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Lowell 01852 South Lowell
3 Cottage Place
$92,000
● House - Off Market

3 Cottage Place

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
920 Ft²
$291,947
RealtyHop Estimate
217.33%
Since Aug 1, 1999
National-US
Primary Model

About This Property

THIS HOMES FEATURES 3 BEDROOMS 2 FULL BATHS UPDATED PLUMBING AND HEATING SYSTEM. FIRST FLOOR LAUNDRY AND A LARGE 3 SEASON PORCH. A MUST SEE!
Unit Size
920 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$100
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #30305257)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Jul 30, 1999 Sold
Premium
Sold
Mar 29, 1999 Listed by Dick Lepine Real Estate, Inc. $92,000
Listed by Dick Lepine Real Estate, Inc.
Jul 23, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 594
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,124
  • Total Building Area: 1,004
  • Gross Building Area: 1,935
  • Building Area: 1,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • 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: 312200

Zoning

  • Zoning: TTF

Geography

  • Account Number: M02540
  • Parcel: LOWE M:166 B:1520 L:3
  • Block: 1520
  • Lot: 3
  • Municipality: LOWELL
  • Latitude: 42.627
  • Longitude: -71.3139

    Address

  • Full Address: 3 Cottage Pl
  • Address - House Number: 3
  • Address - Street Name: Cottage
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lowell
  • Carrier Code: C070
  • 4-Digit Zip Code: 4403
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 365,651
  • High Value: 425,104
  • Low Value: 306,198

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,700
  • Assessed Land Value: $104,900
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17377
  • Previous Sale Recording Date: Jul 30, 1999
  • Previous Sale Amount: $92,000
  • 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 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 years ago
Data Source: MLS PIN, MLS# 30305257

Frequently Asked Questions

When was property at 3 Cottage Place built and last sold?
The property at 3 Cottage Place was built in 1900 and last sold on Apr 22, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 3 Cottage Place is $101,759.
What are some comparable homes to 3 Cottage Place?
There are currently no comparable homes to 3 Cottage Place.
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