22
Map
$325,000
↓ $24K (6.9%)
●
Condo -
For Sale
33 Middle Street #17
Lowell, MA 01852
1 Bed
1 Bath
893 Ft²
$2,365
Est. Monthly
$581
HOA / Fees
4.55%
Cap Rate
About This Property
You may have just found that perfect city living set up you've been
looking! The Moller's Lofts Condominium is a well established
association located in Historic Downtown Lowell. This 1BR, 1 BA
unit has been extremely cared for and offers an open floor loft
concept with hardwood floors throughout, high ceilings, exposed
HVAC ducts, and over sized windows that lets in a massive amount of
natural light. The kitchen boasts ceramic tile floors, maple
cabinets, brand new quartz countertops with sink and faucet, and
breakfast island w/pendent lighting. The unit also has Central AC,
and an updated bathroom w/new vanity, mirror, and tiled floors.
Washer & Dryer are located in the basement, as well as a giant
12x16 walk-in storage unit, and secure assigned garage parking at
the Leo A. Roy Garage. Amenities at your doorstep include
restaurants, cafes, arts & museums, shops, Tsongas Arena, theaters,
and public transportation!
Unit Size
893 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
Condo
Property Taxes
$187
HOA Dues
$581
Year Built
1882
Listed By
The Mary Scimemi Team
Leading Edge Real Estate
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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: 28 days ago (MLSPIN #73344798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Price Decreased |
$325,000
↓ $24K
(6.9%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed | $349,000 | |
| Listed | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Detached, Assigned, Exclusive Parking
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Walk-In Closet(s), High Speed Internet, Elevator
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
Flooring Type: Tile, Hardwood
Door Features: Insulated Doors
Laundry Features: In Basement, In Building
Rooms: 2
Basement: N
Exterior Details
Has Property Attached
Square Footage: 893
Security Features: Intercom
Year Built Source: Public Records
Year Built: 2003
Building Name: Moller's Lofts Condominium
Building Area Total: 893
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick, Stone
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $188,700
Tax Annual Amount: $2,247
Utilities Details
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
HOA/Condo/Coop Amenities: Laundry, Elevator(s)
HOA Fee: $581
33 Middle Street #17, Lowell, MA, 01852
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
1
Bed
2
Baths
1,102 ft²
$313/ft²
$345,000
Mar 15, 2022
$345,000
May 4, 2022
$563/mo
Sold
Condo
1
Bed
1
Bath
1,014 ft²
$350/ft²
$355,000
Feb 14, 2024
$355,000
Apr 5, 2024
$554/mo
Sold
Condo
1
Bed
1
Bath
1,057 ft²
$293/ft²
$310,000
Oct 4, 2020
$310,000
Dec 9, 2020
$530/mo
Sold
Condo
2
Beds
2
Baths
1,172 ft²
$262/ft²
$307,500
Feb 19, 2019
$307,500
May 3, 2019
$587/mo
Sold
Condo
2
Beds
2
Baths
1,187 ft²
$278/ft²
$330,000
Sep 16, 2020
$330,000
Oct 30, 2020
$602/mo
Sold
Condo
2
Beds
2
Baths
1,187 ft²
$278/ft²
$329,900
Sep 16, 2020
$329,900
Nov 20, 2020
$602/mo
Active
Condo
2
Beds
1
Bath
820 ft²
$339/ft²
$277,900
Sep 25, 2024
-
$1,139/mo
Active
Condo
2
Beds
1
Bath
815 ft²
$374/ft²
$304,999
Mar 12, 2025
-
$1,037/mo
In Contract
Condo
2
Beds
1
Bath
938 ft²
$309/ft²
$290,000
Feb 12, 2025
-
$702/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/28/2021
|
1 Bed
|
1 Bath
|
780 ft²
|
$169,000
1 Bed
1 Bath
780 ft²
|
-
-
|
-
|
Lowell Loft Partners
Keller Williams Realty-Merrimack
| |
|
10/21/2021
|
1 Bed
|
1 Bath
|
753 ft²
|
$224,900
1 Bed
1 Bath
753 ft²
|
-
-
|
-
|
Lowell Loft Partners
Keller Williams Realty-Merrimack
| |
|
05/30/2013
|
1 Bed
|
1 Bath
|
777 ft²
|
$99,000
1 Bed
1 Bath
777 ft²
|
$99,000
09/16/2013
|
-
|
Linda Dube
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/14/2011
|
Studio
|
1 Bath
|
755 ft²
|
$115,000
Studio
1 Bath
755 ft²
|
$105,000
-8.70%
04/28/2011
|
-
|
John Callahan
Kinlin Grover Compass
| |
|
03/09/2010
|
2 Bed
|
1 Bath
|
1079 ft²
|
$177,900
2 Bed
1 Bath
1079 ft²
|
$173,000
-2.75%
07/30/2010
|
-
|
Ed Oliveri
ERA Key Realty Services
| |
|
12/01/2008
|
2 Bed
|
1 Bath
|
1090 ft²
|
$189,900
2 Bed
1 Bath
1090 ft²
|
$177,000
-6.79%
06/30/2009
|
-
|
Maureen Roberts
Century 21 North East
| |
|
02/20/2007
|
1 Bed
|
1 Bath
|
780 ft²
|
$154,900
1 Bed
1 Bath
780 ft²
|
$140,000
-9.62%
05/29/2008
|
-
|
John Callahan
Kinlin Grover Compass
| |
|
01/09/2007
|
1 Bed
|
1 Bath
|
750 ft²
|
$149,900
1 Bed
1 Bath
750 ft²
|
$148,000
-1.27%
08/16/2007
|
-
|
Kathleen Alexander
Berkshire Hathaway HomeServices Verani Realty Methuen
| |
|
06/10/2005
|
Studio
|
1 Bath
|
750 ft²
|
$164,900
Studio
1 Bath
750 ft²
|
$164,000
-0.55%
10/03/2005
|
-
|
Pamela Armstrong
Coldwell Banker Realty - Chelmsford
| |
|
04/01/2005
|
1 Bed
|
1 Bath
|
750 ft²
|
$209,000
1 Bed
1 Bath
750 ft²
|
$202,500
-3.11%
06/09/2005
|
-
|
Chris Bradley
ERA Morrison Real Estate
| |
|
01/07/2005
|
1 Bed
|
1 Bath
|
760 ft²
|
$159,900
1 Bed
1 Bath
760 ft²
|
$155,000
-3.06%
02/23/2005
|
-
|
Chris Bradley
ERA Morrison Real Estate
| |
|
07/23/2002
| |
Loft
|
-
|
32232 ft²
|
$750,000
Loft
-
32232 ft²
|
$710,000
-5.33%
02/12/2003
|
-
|
Frederick Witts
Taupier Real Estate, Inc.
|
Building Info
