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Lowell 01850 Centralville
31 Ferry Ln
$400,000
● House - Off Market

31 Ferry Ln

Lowell, MA 01850
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,201 Ft²
$367,288
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome to 31 Ferry Lane ! Bring your ideas to life with this 4-bedroom, 2-bathroom Colonial! Upon entry, through the mudroom, your greeted with a dining area with a galley style kitchen.  The living room flows to the to 3 seasons porch which has outdoor access. 3 bedrooms with a full bath completes the first floor.   Upstairs you'll find a master bedroom with full bath.    Filled with potential, this home boasts convenient built ins and lots of natural light. Hardwood floors throughout even under the carpets   !!!   With warmer days right around the corner, now is the perfect time to enjoy the generously sized back yard !!!!  Close proximity to local restaurants and shops! Don't miss out on this amazing opportunity!
Unit Size
1,201 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$299
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1910

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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 #72982450)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
Apr 25, 2022 Listed by Cameron Real Estate Group $359,000
Listed by Cameron Real Estate Group
Jun 22, 2017 Sold
Premium
Sold
Apr 24, 2017 Listed by Cameron Real Estate Group $154,900
Listed by Cameron Real Estate Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 858
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,571
  • Total Building Area: 1,201
  • Gross Building Area: 2,464
  • Building Area: 1,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,201
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: 310400

Zoning

  • Zoning: TSF

Geography

  • Account Number: C05370
  • Parcel: LOWE M:155 B:2300 L:31
  • Block: 2300
  • Lot: 31
  • Municipality: LOWELL
  • Latitude: 42.6547
  • Longitude: -71.3106

    Address

  • Full Address: 31 Ferry Ln
  • Address - House Number: 31
  • Address - Street Name: Ferry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Lowell
  • Carrier Code: C012
  • 4-Digit Zip Code: 1935
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 415,312
  • High Value: 494,949
  • Low Value: 335,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,100
  • Assessed Land Value: $119,700
  • Assessed Improvements Value: $217,400

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29396
  • Previous Sale Recording Date: Jun 22, 2017
  • Previous Sale Amount: $149,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2150 ft²

Average Home Age

98.6 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: 4 months ago
Data Source: MLS PIN, MLS# 72982450

Frequently Asked Questions

When was property at 31 Ferry Lane built and last sold?
The property at 31 Ferry Lane was built in 1910 and last sold on Jul 8, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 31 Ferry Lane is $362,695.
What are some comparable homes to 31 Ferry Lane?
There are currently no comparable homes to 31 Ferry Lane.
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