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Lowell 01851 Highlands
38 Marshall Avenue
Photo of 38 Marshall Avenue
Sold on Sep 26, 2025

29

Map

Photo of 38 Marshall Avenue
Photo of 38 Marshall Avenue
$469,900
● House - Off Market

38 Marshall Avenue

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$2,739
Est. Monthly
7.17%
Cap Rate

About This Property

Charming 3-bedroom, 1-bath bungalow full of character and potential awaits its new owners! Enjoy your morning coffee on the screened-in porch or relax in the open-concept dining and living areas, featuring a classic built-in hutch for added charm and storage. The kitchen offers a unique built-in wall table, maximizing space and functionality. A main level bedroom provides a flexible space to suit your needs. Upstairs, the spacious primary bedroom and a second bedroom boast two closets each, providing plenty of storage throughout. Bonus one car detached garage! Conveniently located with easy access to Routes 3, 110 & 495,  this home is perfect for commuters. Property is being sold as-is, offering a great opportunity to add your personal touch and make it your own!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$408
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1928

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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: 2 years ago (MLSPIN #73414622)

Price History

Date / Event Date Event Price
Sep 26, 2025 Sold
Premium
Sold
Sep 3, 2025 In contract -
In contract
Aug 6, 2025 Listed by Lamacchia Realty, Inc. $469,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • 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: 3
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Total Building Area: 1,152
  • Gross Building Area: 2,365
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 311600

Zoning

  • Zoning: TSF

Geography

  • Account Number: L07500
  • Parcel: LOWE M:109 B:3925 L:38
  • Block: 3925
  • Lot: 38
  • Municipality: LOWELL
  • Latitude: 42.6205
  • Longitude: -71.3298

    Address

  • Full Address: 38 Marshall Ave
  • Address - House Number: 38
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C044
  • 4-Digit Zip Code: 4812
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 445,007
  • High Value: 517,364
  • Low Value: 372,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,000
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $174,000
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:

$539,900

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2542 ft²

Average Home Age

87.3 years

Currently For Sale

28 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: 2 years ago
Data Source: MLS PIN, MLS# 73414622

Frequently Asked Questions

When was property at 38 Marshall Avenue built and last sold?
The property at 38 Marshall Avenue was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38 Marshall Avenue is $0.
What are some comparable homes to 38 Marshall Avenue?
There are currently no comparable homes to 38 Marshall Avenue.
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