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Lowell 01851 Highlands
374 Princeton Blvd
$416,000
● House - Off Market

374 Princeton Blvd

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$420,137
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Charming Upper Highlands Colonial! This 3 bedroom, 1 & 1/2  bath colonial maintains it's original charm & offers modern function! Original features include hardwood floors throughout the home, custom built in columns and shelves in the living room and china cabinet in the dining room. Rear entry mudroom enters into the kitchen and half bath is located off the kitchen. Three bedrooms as well as an updated full bath are privately set on the 2nd level. Exterior offers a welcoming front porch, 1 car detached garage, additional off street parking and rear yard. Located within minutes to area amenities, schools, shops, public transportation & highway access to Route 3 & 495. Excellent Commuter Location!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$297
Property Type
House
Property Taxes
$323
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: 4 months ago (MLSPIN #72932197)

Price History

Date / Event Date Event Price
Feb 17, 2022 Sold
Premium
Sold
Jan 6, 2022 Listed by Keller Williams Realty-Merrimack $399,000
Listed by Keller Williams Realty-Merrimack
May 13, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by Keller Williams Realty-Merrimack $259,900
Listed by Keller Williams Realty-Merrimack

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,558
  • Total Building Area: 1,344
  • Gross Building Area: 2,897
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: D01860
  • Parcel: LOWE M:73 B:4770 L:374
  • Block: 4770
  • Lot: 374
  • Municipality: LOWELL
  • Latitude: 42.6337
  • Longitude: -71.345

    Address

  • Full Address: 374 Princeton Blvd
  • Address - House Number: 374
  • Address - Street Name: Princeton
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C036
  • 4-Digit Zip Code: 2327
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $450,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 463,239
  • High Value: 549,629
  • Low Value: 376,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,400
  • Assessed Land Value: $131,400
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Feb 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7543
  • Previous Sale Recording Date: May 13, 2016
  • Previous Sale Amount: $255,000
  • 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:

$530,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2547 ft²

Average Home Age

88.1 years

Currently For Sale

32 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: 4 months ago
Data Source: MLS PIN, MLS# 72932197

Frequently Asked Questions

When was property at 374 Princeton Boulevard built and last sold?
The property at 374 Princeton Boulevard was built in 1900 and last sold on Feb 17, 2022 for $416,000.
How much is this home worth?
The estimated value of the home located at 374 Princeton Boulevard is $400,295.
What are some comparable homes to 374 Princeton Boulevard?
There are currently no comparable homes to 374 Princeton Boulevard.
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