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Lowell 01852 Back Central
38 Cady St
$350,000
● House - Off Market

38 Cady St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,042 Ft²
$1,857
Est. Monthly

About This Property

Offer Deadline 12/12 Tuesday at 12NOON! Thank you for your patience, seller is very appreciative! We are back on market!. Wow! Welcome to this charming single-family home in Lowell! Step into this 3-bedrooms and 1-bathroom home with 1,042 square feet of living space. Property has a basement that features a convenient laundry room, space for a workshop, and extra storage room! With off-street parking! Discover the lively downtown area, which offers different dining options, and shopping centers. Close to major highways and public transportation and easy access to Route 3, 495, Lowell Connector, the commuter rail, and UMass Lowell, this home is a must-see!
Unit Size
1,042 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$312
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1920

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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 #73169705)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 21, 2023 In contract -
In contract
Dec 6, 2023 Relisted $324,900
Relisted
Nov 24, 2023 Withdrawn -
Withdrawn
Oct 30, 2023 Relisted $324,900
Relisted
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 651
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,599
  • Total Building Area: 1,042
  • Gross Building Area: 1,965
  • Building Area: 1,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,042
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 10679-A
  • Land Acres: 0000000060
  • 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: 311900

Zoning

  • Zoning: TTF

Geography

  • Account Number: G07130
  • Parcel: LOWE M:180 B:960 L:38
  • Block: 960
  • Lot: 38
  • Municipality: LOWELL
  • Latitude: 42.639
  • Longitude: -71.3046

    Address

  • Full Address: 38 Cady St
  • Address - House Number: 38
  • Address - Street Name: Cady
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C063
  • 4-Digit Zip Code: 2606
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $314,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 324,966
  • High Value: 350,146
  • Low Value: 299,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,800
  • Assessed Land Value: $80,700
  • Assessed Improvements Value: $172,100

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 322166
  • Previous Sale Recording Date: Nov 04, 2016
  • 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 Back Central

Stats & Trends

Median Asking:

$564,950

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2163 ft²

Average Home Age

33.1 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 73169705

Frequently Asked Questions

When was property at 38 Cady Street built and last sold?
The property at 38 Cady Street was built in 1920 and last sold on Jan 19, 2024 for $350,000.
How much is this home worth?
The estimated value of the home located at 38 Cady Street is $313,783.
What are some comparable homes to 38 Cady Street?
There are currently no comparable homes to 38 Cady Street.
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