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Lowell 01852 Belvidere
31 Alcott St
$470,000
● House - Off Market

31 Alcott St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,039 Ft²
$694,766
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Welcome home to this beautiful ranch style property located on a quiet side street in Belvidere.  Enter into a bright sunny formal living room which flows into the dining room and kitchen, ideal for easy entertaining.  From the kitchen, enjoy access to the den and views of the expansive fenced-in backyard.  There are three bedrooms including a large master with private bathroom.  Ample storage is available in the basement and outdoor shed.  This home exhibits true pride of ownership with multiple updates and renovations including central air, new bathrooms, a French drain system, expanded deck with composite material, refinished flooring, new windows, and updated kitchen.  A truly wonderful opportunity to own, where location and home quality combined cannot be surpassed.
Unit Size
2,039 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$233
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #72558443)

Price History

Date / Event Date Event Price
Dec 9, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Donnelly + Co. $475,000
Listed by Donnelly + Co.
Mar 18, 1983 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,647
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,007
  • Total Building Area: 1,647
  • Gross Building Area: 3,641
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000299
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: L14125
  • Parcel: LOWE M:250 B:90 L:31
  • Block: 90
  • Lot: 31
  • Municipality: LOWELL
  • Latitude: 42.6398
  • Longitude: -71.2765

    Address

  • Full Address: 31 Alcott St
  • Address - House Number: 31
  • Address - Street Name: Alcott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C086
  • 4-Digit Zip Code: 3903
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $623,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 614,205
  • High Value: 725,823
  • Low Value: 502,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,600
  • Assessed Land Value: $201,400
  • Assessed Improvements Value: $300,200

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54991
  • Previous Sale Recording Date: Mar 18, 1983
  • Previous Sale Amount: $72,500
  • 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 Belvidere

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2436 ft²

Average Home Age

92.5 years

Currently For Sale

26 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72558443

Frequently Asked Questions

When was property at 31 Alcott Street built and last sold?
The property at 31 Alcott Street was built in 1963 and last sold on Dec 2, 2019 for $470,000.
How much is this home worth?
The estimated value of the home located at 31 Alcott Street is $491,691.
What are some comparable homes to 31 Alcott Street?
There are currently no comparable homes to 31 Alcott Street.
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