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Lowell 01854 Pawtucketville
331 Totman Rd
$585,000
● House - Off Market

331 Totman Rd

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,422 Ft²
$553,274
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Charming split entry in a great location. Many updates in the past couple years include hardwood flooring, central air, water heater, driveway, front walkway and more. The finished lower level provides extra space for an additional bedroom or second living room. You'll enjoy looking over the landscaped yard with raised garden beds from your deck every day. Plenty of storage for your outdoor tools in the storage shed. All this while being tucked away in one of the more sought after areas of the city. Walk the dog or take a jog in the state forest after a long days work. AGENTS SEE FIRM REMARKS.
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$386
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1987

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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 #72960141)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Keller Williams Realty $549,000
Listed by Keller Williams Realty
Dec 3, 2019 Sold
Premium
Sold
Jan 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,610
  • Total Building Area: 1,422
  • Gross Building Area: 2,158
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000244
  • 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: 310601

Zoning

  • Zoning: SSF

Geography

  • Account Number: N03540
  • Parcel: LOWE M:39 B:5740 L:331
  • Block: 5740
  • Lot: 331
  • Municipality: LOWELL
  • Latitude: 42.6534
  • Longitude: -71.3592

    Address

  • Full Address: 331 Totman St
  • Address - House Number: 331
  • Address - Street Name: Totman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 1200
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $543,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 557,214
  • High Value: 661,019
  • Low Value: 453,409

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,500
  • Assessed Land Value: $146,100
  • Assessed Improvements Value: $291,400

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20536
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Dec 02, 2019
  • Previous Sale Amount: $330,000
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1677 ft²

Average Home Age

70.3 years

Currently For Sale

24 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# 72960141

Frequently Asked Questions

When was property at 331 Totman Road built and last sold?
The property at 331 Totman Road was built in 1987 and last sold on May 5, 2022 for $585,000.
How much is this home worth?
The estimated value of the home located at 331 Totman Road is $554,985.
What are some comparable homes to 331 Totman Road?
There are currently no comparable homes to 331 Totman Road.
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