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Lowell 01854 Pawtucketville
357 University Ave
$249,000
● House - Off Market

357 University Ave

Lowell, MA 01854
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,482 Ft²
$464,160
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

This single family home has 6 rooms including a newly renovated bathroom on the first floor. The kitchen features stainless steal appliances and a sunny pass through to the dining room. The living room has a brick fireplace and is filled with natural light from the picture window. The lower level (below grade) has 3 bonus rooms, which includes a laundry room and 3/4 bath. This home also features a BRAND NEW top of the line Burnham Alpine H.E. Boiler and a HTP Superstor hot water tank. There is an above ground pool and a screen porch, along with a patio that are located in the fenced in backyard. NEW ROOF will be put on this home in the month of August 2014 Living space (Sq. Ft.) 1482 with finished basement 1867 Sq. Ft. Come see this home today to see what this spacious ranch has to offer for you!
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$168
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1955

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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 #71727611)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Alliance Realty NE, LLC $399,900
Listed by Alliance Realty NE, LLC
Sep 26, 2014 Sold
Premium
Sold
Aug 11, 2014 Listed by Alliance Realty NE, LLC $249,000
Listed by Alliance Realty NE, LLC
Apr 30, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 1,098
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,025
  • Total Building Area: 1,770
  • Gross Building Area: 2,998
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 310602

Zoning

  • Zoning: TSF

Geography

  • Account Number: S09230
  • Parcel: LOWE M:79 B:5830 L:357
  • Block: 5830
  • Lot: 357
  • Municipality: LOWELL
  • Latitude: 42.6589
  • Longitude: -71.3345

    Address

  • Full Address: 357 University Ave
  • Address - House Number: 357
  • Address - Street Name: University
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C030
  • 4-Digit Zip Code: 1645
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 567,312
  • High Value: 672,946
  • Low Value: 461,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,200
  • Assessed Land Value: $189,800
  • Assessed Improvements Value: $259,400

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57341
  • Previous Sale Recording Date: Sep 26, 2014
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1670 ft²

Average Home Age

68.9 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# 71727611

Frequently Asked Questions

When was property at 357 University Avenue built and last sold?
The property at 357 University Avenue was built in 1955 and last sold on Sep 30, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 357 University Avenue is $411,220.
What are some comparable homes to 357 University Avenue?
There are currently no comparable homes to 357 University Avenue.
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