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Somerville 02145 Magoun Square
342 Lowell Street
Photo of 342 Lowell Street
Sold on Aug 7, 2009

1

Map

$377,000
● House - Off Market

342 Lowell Street

Somerville, MA 02145
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,211 Ft²
$771,471
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Wonderful single family home approximately 1 mile from Porter & Davis Redline T's. This house has been lovingly & extensively renovated. Two newer full baths, three bedrooms, fabulous fully applianced kitchen with skylight, bay window & plenty of counter/cabinet space, great laundry room and so much more. 1st floor bath and bed would make perfect au pair/guest area. Great urban yard & two side-by-side driveway parking spaces. Immaculate home, just move right in.
Unit Size
1,211 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$310
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #70939503)

Price History

Date / Event Date Event Price
Aug 7, 2009 Sold
Premium
Sold
Jun 25, 2009 Listed $375,000
Listed
Jun 11, 2001 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 1,346
  • Gross Building Area: 2,326
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerville School District
  • School Tax School District: SOMERVILLE SD
  • Census Tract: 350300

Zoning

  • Zoning: RA

Geography

  • Account Number: 19624167
  • District: 274
  • Parcel: SOME M:32 B:D L:21
  • Block: D
  • Lot: 21
  • Municipality: SOMERVILLE
  • Latitude: 42.3956
  • Longitude: -71.1045

    Address

  • Full Address: 342 Lowell St
  • Address - House Number: 342
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerville
  • Carrier Code: C080
  • 4-Digit Zip Code: 3643
  • Zip Code: 02145

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 948,825
  • High Value: 1,118,834
  • Low Value: 778,815

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $793,700
  • Assessed Land Value: $328,700
  • Assessed Improvements Value: $465,000

    Sales

  • Current Sale Recording Date: Aug 07, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00156619
  • Previous Sale Recording Date: Jun 11, 2001
  • Previous Sale Amount: $225,000
  • 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 Magoun Square

Stats & Trends

Median Asking:

$864,000

Sale Price/ft²

$659

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1490 ft²

Average Home Age

77.9 years

Currently For Sale

11 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

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,557 /mo

  • 2 Beds
  • 1 Bath
  • 963 ft²
205 Walden St #The Chilton, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70939503

Frequently Asked Questions

When was property at 342 Lowell Street built and last sold?
The property at 342 Lowell Street was built in 1915 and last sold on Jan 1, 1970 for $377,000.
How much is this home worth?
The estimated value of the home located at 342 Lowell Street is $409,620.
What are some comparable homes to 342 Lowell Street?
There are currently no comparable homes to 342 Lowell Street.
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