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Lowell 01851 Highlands
40 Caleb St
$225,000
● House - Off Market

40 Caleb St

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,474 Ft²
$327,101
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Happy Holiday"s -I'm the Gift that keeps on Giving - Love and Location is Everything I have to Offer -This Charming Ranch Style Home makes you feel Warm & Welcomed the minute you walk in  -Features Include:6 Rooms 3 Bedroom 1 Bath  My Spacious Open  floor plan with Gleaming Hardwood Floors- Basement is Ready to be Finished just waiting for your Final Touches.With a few updated this home  would be a True Treasure where Memories were made and Dreams were Created in this Beloved Family Home. Lucky for You to have this Opportunity -Call Today....There's lots to Love about Lowell checkout my Pictures and my Area Amenities.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$146
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1955

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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 #72414708)

Price History

Date / Event Date Event Price
Dec 6, 2018 Sold
Premium
Sold
Oct 23, 2018 Listed by AMB Realty Group $215,000
Listed by AMB Realty Group
Jun 3, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 11
  • 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: 9
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,474
  • Gross Building Area: 2,380
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 311400

Zoning

  • Zoning: TSF

Geography

  • Account Number: L00790
  • Parcel: LOWE M:58 B:965 L:40
  • Block: 965
  • Lot: 40
  • Municipality: LOWELL
  • Latitude: 42.6356
  • Longitude: -71.3473

    Address

  • Full Address: 40 Caleb St
  • Address - House Number: 40
  • Address - Street Name: Caleb
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C034
  • 4-Digit Zip Code: 1524
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 453,697
  • High Value: 541,019
  • Low Value: 366,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,600
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53218
  • Previous Sale Recording Date: Jun 03, 1994
  • Previous Sale Amount: $18,000
  • 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 Highlands

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$318

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2543 ft²

Average Home Age

89.3 years

Currently For Sale

32 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# 72414708

Frequently Asked Questions

When was property at 40 Caleb Street built and last sold?
The property at 40 Caleb Street was built in 1955 and last sold on Dec 6, 2018 for $225,000.
How much is this home worth?
The estimated value of the home located at 40 Caleb Street is $231,570.
What are some comparable homes to 40 Caleb Street?
There are currently no comparable homes to 40 Caleb Street.
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