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Lowell 01851 Highlands
351-R Walker
$222,000
● House - Off Market

351-R Walker

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,894 Ft²
$403,002
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Spacious home with 3 bedrooms and 2 full baths. Great home for a first time home buyer looking for a home that has had lots of updates and is in move-in condition. Located in the Highlands. Updates include new windows, vinyl siding, roof, furnace, hot water heater, kitchen, bathrooms and flooring. This home has an enclosed porch, fenced-in yard and lots of hardwood floors. It is conveniently located next to a public park with swings and basketball court, close to major highways, public transportation, restaurants, shopping and  amenities.
Unit Size
1,894 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$119
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1900

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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 #71705999)

Price History

Date / Event Date Event Price
May 13, 2015 Sold
Premium
Sold
Jun 26, 2014 Listed by Coldwell Banker Residential Brokerage - Chelmsford $225,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Apr 3, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 8
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,535
  • Total Building Area: 1,872
  • Gross Building Area: 3,354
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,742
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • 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: 311300

Zoning

  • Zoning: TMF

Geography

  • Account Number: M13270
  • Parcel: LOWE M:103 B:6085 L:351-1
  • Block: 6085
  • Lot: 351-1
  • Municipality: LOWELL
  • Latitude: 42.637
  • Longitude: -71.3298

    Address

  • Full Address: 351a Walker St
  • Address - House Number: 351a
  • Address - Street Name: Walker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C049
  • 4-Digit Zip Code: 1734
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 465,430
  • High Value: 555,706
  • Low Value: 375,155

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,900
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $271,700

    Sales

  • Current Sale Recording Date: May 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18638
  • Previous Sale Recording Date: Apr 03, 1998
  • Previous Sale Amount: $64,000
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2498 ft²

Average Home Age

83.2 years

Currently For Sale

23 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 months ago
Data Source: MLS PIN, MLS# 71705999

Frequently Asked Questions

When was property at 351R Walker Avenue built and last sold?
The property at 351R Walker Avenue was built in 1900 and last sold on Jan 1, 1970 for $222,000.
How much is this home worth?
The estimated value of the home located at 351R Walker Avenue is $249,446.
What are some comparable homes to 351R Walker Avenue?
There are currently no comparable homes to 351R Walker Avenue.
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