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Lowell 01852 Belvidere
35 Gerson Terrace
$207,000
● House - Off Market

35 Gerson Terrace

Lowell, MA 01852
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$428,155
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Great Belvidere location for this charming Cape that is sited on a LARGE lot.There is a nice 3 season porch to enjoy most of the year. The eat-in kitchen has been updated .Newer windows, gutters, furnace and hot water. The hardwood floors in the livingroom and hallway have been refinished and look fabulous.  There is new carpet over the bedroom hardwood floors.  Come and see the NEW bath, NEW central air system, NEW security alarm, NEW electric panel and NEW driveway coating . There is a  fixed staircase to the floored 2nd level.  Wonderful neighborhood! Minutes to shopping, Route #495 and Route #93. Walk to stadium and Janas Rink.  This is a terrific street with many homes that have been greatly expanded.    DO NOT MISS THIS ONE!
Unit Size
768 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$286
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1955

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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 #71505309)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Apr 5, 2013 Listed by James L. Cooney REALTORS® $219,900
Listed by James L. Cooney REALTORS®
Sep 30, 2010 Sold
Premium
Sold
Jul 7, 2010 Listed by James L. Cooney REALTORS® $239,900
Listed by James L. Cooney REALTORS®

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,668
  • Total Building Area: 768
  • Gross Building Area: 2,460
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: E02040
  • Parcel: LOWE M:251 B:2605 L:35
  • Block: 2605
  • Lot: 35
  • Municipality: LOWELL
  • Latitude: 42.6357
  • Longitude: -71.2792

    Address

  • Full Address: 35 Gerson Ter
  • Address - House Number: 35
  • Address - Street Name: Gerson
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lowell
  • Carrier Code: C093
  • 4-Digit Zip Code: 4328
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 443,472
  • High Value: 515,578
  • Low Value: 371,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,000
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Recording Date: Sep 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Amount: $210,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$614,500

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2178 ft²

Average Home Age

96.2 years

Currently For Sale

25 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# 71505309

Frequently Asked Questions

When was property at 35 Gerson Terrace built and last sold?
The property at 35 Gerson Terrace was built in 1955 and last sold on Jan 1, 1970 for $207,000.
How much is this home worth?
The estimated value of the home located at 35 Gerson Terrace is $220,798.
What are some comparable homes to 35 Gerson Terrace?
There are currently no comparable homes to 35 Gerson Terrace.
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