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Lowell 01851 Highlands
349 Princeton Blvd
$250,000
● House - Off Market

349 Princeton Blvd

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,079 Ft²
$223,352
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Opportunity knocks!   Assume property is a complete teardown.  Personal items have been removed but furniture etc will remain.  No entry allowed due to condition of the Property.  Subject to license to sell.
Unit Size
2,079 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$82
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72760045)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Feb 17, 2021 Listed by RE/MAX Encore $515,000
Listed by RE/MAX Encore
Dec 29, 2020 Sold
Premium
Sold
Nov 21, 2020 Listed by RE/MAX Encore $170,000
Listed by RE/MAX Encore

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,736
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,507
  • Total Building Area: 2,079
  • Gross Building Area: 3,816
  • Building Area: 2,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,079
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: R05400
  • Parcel: LOWE M:73 B:4770 L:349
  • Block: 4770
  • Lot: 349
  • Municipality: LOWELL
  • Latitude: 42.6342
  • Longitude: -71.3443

    Address

  • Full Address: 349 Princeton Blvd
  • Address - House Number: 349
  • Address - Street Name: Princeton
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C036
  • 4-Digit Zip Code: 2343
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $669,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 606,435
  • High Value: 757,948
  • Low Value: 454,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,300
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $377,300

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25486
  • Previous Sale Recording Date: Dec 29, 2020
  • Previous Sale Contract Date: Dec 10, 2020
  • Previous Sale Amount: $250,000
  • 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:

$539,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2569 ft²

Average Home Age

87.9 years

Currently For Sale

29 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72760045

Frequently Asked Questions

When was property at 349 Princeton Boulevard built and last sold?
The property at 349 Princeton Boulevard was built in 1950 and last sold on Apr 29, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 349 Princeton Boulevard is $0.
What are some comparable homes to 349 Princeton Boulevard?
There are currently no comparable homes to 349 Princeton Boulevard.
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