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Lowell 01852 Belvidere
395 Butman Rd
$420,000
● House - Off Market

395 Butman Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$593,442
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Great 3 bedroom split cape in Belvidere waiting for new owners! This fine home has hardwood floors, stainless steel appliances and plenty of storage! Lower unfinished basement is perfect for a future family room or man cave. Private back yard with mature plantings and patio. This home is turn key with nothing to do but move in! Sale is subject to sellers finding suitable housing (home identified w/accepted offer).
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$257
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1993

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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 #72645503)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Apr 19, 2020 Listed by Fudge Properties $419,900
Listed by Fudge Properties
Jun 15, 2017 Sold
Premium
Sold
Apr 28, 2017 Listed by Fudge Properties $349,900
Listed by Fudge Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,024
  • Total Building Area: 1,497
  • Gross Building Area: 2,819
  • Building Area: 1,497
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,497
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: T14945
  • Parcel: LOWE M:252 B:920 L:395
  • Block: 920
  • Lot: 395
  • Municipality: LOWELL
  • Latitude: 42.6339
  • Longitude: -71.2817

    Address

  • Full Address: 395 Butman Rd
  • Address - House Number: 395
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 4305
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 569,253
  • High Value: 665,003
  • Low Value: 473,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,700
  • Assessed Land Value: $188,900
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: May 16, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22617
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Amount: $364,000
  • 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 Belvidere

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2465 ft²

Average Home Age

99.7 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# 72645503

Frequently Asked Questions

When was property at 395 Butman Road built and last sold?
The property at 395 Butman Road was built in 1993 and last sold on May 16, 2020 for $420,000.
How much is this home worth?
The estimated value of the home located at 395 Butman Road is $430,767.
What are some comparable homes to 395 Butman Road?
There are currently no comparable homes to 395 Butman Road.
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