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Lowell 01854 The Acre
4 Ready Ave
$250,000
● House - Off Market

4 Ready Ave

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,331 Ft²
$353,323
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Great opportunity for this charming colonial with 3 bedrooms and 1 bath.  Hardwood flooring all throughout the living room and dining room.  Spacious kitchen with lot of cabinet spaces.  Well-maintained and Move-in Ready.  Basement provide plenty of spaces for extra-storage. Easy access to Merrimack River and UMASS Lowell. Come view this house while it last.
Unit Size
1,331 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$188
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #72636562)

Price History

Date / Event Date Event Price
May 8, 2020 Sold
Premium
Sold
Mar 20, 2020 Listed by Lamacchia Realty, Inc. $250,000
Listed by Lamacchia Realty, Inc.
Sep 12, 2007 Sold
Premium
Sold
Aug 8, 1996 Sold
Premium
Sold
Jun 21, 1996 Listed $84,899
Listed
NEW! NEWLY RENOVATED SPACIOUS COLONIAL. BRAND NEW CARPETS, FLOORS, BOILER, PLUMBING, MAINTENANCE FREE SIDING, WINDOWS, PAINT, STOVE, BATH. END OF DEAD END STREET IN GOOD HIGHLANDS NEIGHBORHOOD NEAR BURBECKS & MERRIMACK RIVER

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 894
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,555
  • Total Building Area: 1,331
  • Gross Building Area: 2,358
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000059
  • 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: 310700

Zoning

  • Zoning: USF

Geography

  • Account Number: D05240
  • Parcel: LOWE M:100 B:4875 L:4
  • Block: 4875
  • Lot: 4
  • Municipality: LOWELL
  • Latitude: 42.644
  • Longitude: -71.3327

    Address

  • Full Address: 4 Ready Ave
  • Address - House Number: 4
  • Address - Street Name: Ready
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C026
  • 4-Digit Zip Code: 3029
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 365,024
  • High Value: 435,167
  • Low Value: 294,881

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,700
  • Assessed Land Value: $72,600
  • Assessed Improvements Value: $198,100

    Sales

  • Current Sale Contract Date: Apr 17, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19736
  • Previous Sale Recording Date: Sep 12, 2007
  • Previous Sale Amount: $180,000
  • 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 The Acre

Stats & Trends

Median Asking:

$482,000

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2921 ft²

Average Home Age

109.3 years

Currently For Sale

11 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# 72636562

Frequently Asked Questions

When was property at 4 Ready Avenue built and last sold?
The property at 4 Ready Avenue was built in 1920 and last sold on Apr 17, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 4 Ready Avenue is $252,703.
What are some comparable homes to 4 Ready Avenue?
There are currently no comparable homes to 4 Ready Avenue.
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