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Lowell 01854 Pawtucketville
40 Coburn Dr
$275,000
● House - Off Market

40 Coburn Dr

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$424,800
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Location, Location ! Don't miss this opportunity to build equity in this home in a great Pawtucketville  home set in a very desirable neighborhood. Needs some updating but well worth the effort at this price.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$221
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1961

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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 #72378408)

Price History

Date / Event Date Event Price
Jul 14, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by RE/MAX Partners $348,000
Listed by RE/MAX Partners
Nov 20, 2018 Sold
Premium
Sold
Aug 13, 2018 Listed by RE/MAX Partners $279,900
Listed by RE/MAX Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 18
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Total Building Area: 936
  • Gross Building Area: 2,028
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 310601

Zoning

  • Zoning: SSF

Geography

  • Account Number: N02510
  • Parcel: LOWE M:40 B:1360 L:40
  • Block: 1360
  • Lot: 40
  • Municipality: LOWELL
  • Latitude: 42.6513
  • Longitude: -71.3599

    Address

  • Full Address: 40 Coburn Dr
  • Address - House Number: 40
  • Address - Street Name: Coburn
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 1205
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 446,094
  • High Value: 524,403
  • Low Value: 367,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,400
  • Assessed Land Value: $137,200
  • Assessed Improvements Value: $213,200

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41405
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Amount: $275,000
  • 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 Pawtucketville

Stats & Trends

Median Asking:

$519,999

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1677 ft²

Average Home Age

72 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72378408

Frequently Asked Questions

When was property at 40 Coburn Drive built and last sold?
The property at 40 Coburn Drive was built in 1961 and last sold on Jul 14, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 40 Coburn Drive is $346,412.
What are some comparable homes to 40 Coburn Drive?
There are currently no comparable homes to 40 Coburn Drive.
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