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Lowell 01854 Pawtucketville
388 Varnum Ave
Photo of 388 Varnum Ave
Sold on Oct 19, 2026

35

Map

Photo of 388 Varnum Ave
Photo of 388 Varnum Ave
$685,000
● House - Off Market

388 Varnum Ave

Lowell, MA 01854
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,465 Ft²
$3,981
Est. Monthly

About This Property

Welcome to 388 Varnum Ave, Lowell! This spacious 4-bedroom, 3-full-bath home offers comfort, convenience, and an unbeatable location directly across from Lowell General Hospital. The flexible floor plan provides plenty of space for everyday living, entertaining, and guests. Ideally situated close to shopping, dining, schools, public transportation, and major highways, this home is perfect for those looking for convenience and accessibility. Whether you're a homeowner, first-time buyer, or investor, this property offers an excellent opportunity in a highly desirable Lowell location. Don't miss the chance to make 388 Varnum Ave your new home!
Unit Size
2,465 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$284
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
2002

Payment Calculator

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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: 14 days ago (MLSPIN #73575081)

Price History

Date / Event Date Event Price
Oct 19, 2026 Sold
Premium
Sold
Sep 15, 2026 In contract -
In contract
Sep 10, 2026 Listed by Keller Williams Realty Boston Northwest $699,900
Listed by Keller Williams Realty Boston Northwest
Feb 15, 2013 Sold
Premium
Sold
Nov 25, 2012 Listed by Keller Williams Realty Boston Northwest $349,900
Listed by Keller Williams Realty Boston Northwest
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 9
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,895
  • Total Building Area: 2,465
  • Gross Building Area: 3,184
  • Building Area: 2,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,465
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: SSF

Geography

  • Account Number: M24215
  • Parcel: LOWE M:69 B:5880 L:388
  • Block: 5880
  • Lot: 388
  • Municipality: LOWELL
  • Latitude: 42.6455
  • Longitude: -71.3444

    Address

  • Full Address: 388 Varnum Ave
  • Address - House Number: 388
  • Address - Street Name: Varnum
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 2120
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 651,835
  • High Value: 757,821
  • Low Value: 545,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,300
  • Assessed Land Value: $114,700
  • Assessed Improvements Value: $364,600

    Sales

  • Current Sale Recording Date: Feb 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 03, 2007
  • Previous Sale Amount: $345,000
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 14 days ago
Data Source: MLS PIN, MLS# 73575081

Frequently Asked Questions

When was property at 388 Varnum Avenue built and last sold?
The property at 388 Varnum Avenue was built in 2002 and last sold on Jan 1, 1970 for $328,000.
How much is this home worth?
The estimated value of the home located at 388 Varnum Avenue is $701,129.
What are some comparable homes to 388 Varnum Avenue?
There are currently no comparable homes to 388 Varnum Avenue.
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