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Lowell 01851 Highlands
31 Burnside St
$304,000
● House - Off Market

31 Burnside St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,595 Ft²
$425,147
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Welcome to Lowell in the Highlands neighborhood to this lovely 7 room 3 bedroom 2 bath Colonial home.  Plenty of off street parking and a backyard to enjoy cooking outside.  Open the door to the front living room that looks into the dining room and family room.  The kitchen is set in the back of the home and adjacent to the mudroom to that leads into the backyard.  Home was remodeled in 2008.  Vinyl Windows, vinyl siding.  Fenced in back yard and storage shed.   Access Lowell's Private and Public School Systems. Great Location, Close to LGH, UMASS Lowell, Merrimack River, Mt. Pleasant Golf Course, Shopping, Restaurants and Routes 3A, 4, 113, 110, 3 & 495
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$187
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1920

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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 months ago (MLSPIN #72618190)

Price History

Date / Event Date Event Price
Apr 10, 2020 Sold
Premium
Sold
Feb 11, 2020 Listed by ERA Key Realty Services $299,000
Listed by ERA Key Realty Services
May 1, 2013 Sold
Premium
Sold
Feb 28, 2013 Listed by ERA Key Realty Services $215,000
Listed by ERA Key Realty Services
Sep 12, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 9
  • Basement Area: 746
  • 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: 1,595
  • Gross Building Area: 2,323
  • Building Area: 1,595
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,595
  • Heating Fuel Type: 3

    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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: M03960
  • Parcel: LOWE M:72 B:890 L:31
  • Block: 890
  • Lot: 31
  • Municipality: LOWELL
  • Latitude: 42.6374
  • Longitude: -71.3412

    Address

  • Full Address: 31 Burnside St
  • Address - House Number: 31
  • Address - Street Name: Burnside
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C034
  • 4-Digit Zip Code: 1609
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 460,823
  • High Value: 550,054
  • Low Value: 371,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,200
  • Assessed Land Value: $124,900
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Apr 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15298
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Amount: $206,000
  • 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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2547 ft²

Average Home Age

88.1 years

Currently For Sale

32 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: 4 months ago
Data Source: MLS PIN, MLS# 72618190

Frequently Asked Questions

When was property at 31 Burnside Street built and last sold?
The property at 31 Burnside Street was built in 1920 and last sold on Mar 19, 2020 for $304,000.
How much is this home worth?
The estimated value of the home located at 31 Burnside Street is $311,497.
What are some comparable homes to 31 Burnside Street?
There are currently no comparable homes to 31 Burnside Street.
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