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Lowell 01851 Highlands
40 Cascade Ave
$190,000
● House - Off Market

40 Cascade Ave

Lowell, MA 01851
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,574 Ft²
$390,987
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Wonderful home in great Highlands location!!!  Move in condition Colonial with Built in hutches and chair rails. Nice hardwood floors throughout!  Wonderful first floor layout with lovely living room with custom built fire place.Bonus family room on first floor. Corner lot. Nice Patio and 1 car garage. Price to sell! Won't last!!
Unit Size
1,574 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$121
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1925

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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 #71448179)

Price History

Date / Event Date Event Price
Mar 15, 2013 Sold
Premium
Sold
Oct 17, 2012 Listed by Custom Realty Solutions $190,000
Listed by Custom Realty Solutions
Nov 30, 1998 Sold
Premium
Sold
Sep 23, 1998 Listed $134,900
Listed
AWESOME HIGHLANDS LOCATION, ON CORNER LOT, MOVE IN COND, PROF LNDSCPD, BUILT IN HUTCHES & CHAIR RAILS, METICULOUSLY MNTND HDWD FLRS, FENCED IN YARD, 3 BDRMS AND MORE. DON'T DELAY, CALL KEVIN TODAY!!!

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 854
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,370
  • Total Building Area: 1,574
  • Gross Building Area: 2,853
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: O02680
  • Parcel: LOWE M:73 B:1080 L:40
  • Block: 1080
  • Lot: 40
  • Municipality: LOWELL
  • Latitude: 42.6355
  • Longitude: -71.3426

    Address

  • Full Address: 40 Cascade Ave
  • Address - House Number: 40
  • Address - Street Name: Cascade
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C034
  • 4-Digit Zip Code: 1614
  • Zip Code: 01851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 486,125
  • High Value: 565,166
  • Low Value: 407,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,800
  • Assessed Land Value: $129,700
  • Assessed Improvements Value: $248,100

    Sales

  • Current Sale Recording Date: Mar 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14521
  • Previous Sale Recording Date: Mar 15, 2013
  • Previous Sale Amount: $190,000
  • 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 Highlands

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$312

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2481 ft²

Average Home Age

85.7 years

Currently For Sale

30 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# 71448179

Frequently Asked Questions

When was property at 40 Cascade Avenue built and last sold?
The property at 40 Cascade Avenue was built in 1925 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 40 Cascade Avenue is $207,217.
What are some comparable homes to 40 Cascade Avenue?
There are currently no comparable homes to 40 Cascade Avenue.
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