$127,500
●
Condo -
Off Market
40 Spring Ave. #4
Lowell, MA 01851
2 Beds
1 Bath
840 Ft²
$230,594
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model
About This Property
*****NEW LOW PRICE & GREAT NEW LOOK - COME SEE!*****
Affordable 2 bedroom Condo built in 1986. New
appliances including washer and dryer. Private street with
newer construction homes. Close to highways + schools.
Nothing to do but move in. Great Condition!
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
Condo
Property Taxes
$112
HOA Dues
$150
Year Built
-
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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: 5 years ago (MLSPIN #70465259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2007 | Sold | ||
| Sold | |||
| Sep 27, 2006 | Listed by Stephen Lawrenson Real Estate | $135,000 | |
| Listed by Stephen Lawrenson Real Estate | |||
Property Highlights
Parking Available
Interior Details
Level: Second
Width: 12
Length: 13
Area: 156
Area: 35
Length: 7
Level: Second
Width: 5
Level: Second
Width: 9
Length: 12
Area: 108
Length: 16
Level: Second
Area: 192
Width: 12
Level: Second
Length: 14
Width: 13
Area: 182
Full Bathrooms: 1
Flooring Type: Carpet
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: TSF
Parcel Number: 3182912
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $133,300
Tax Annual Amount: $1,342
Utilities Details
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
HOA Fee: $150
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2014
|
2 Bed
|
1 Bath
|
840 ft²
|
$127,500
2 Bed
1 Bath
840 ft²
|
$127,500
12/26/2014
|
Raul Rodriguez
Dick Lepine Real Estate,Inc.
| |
|
08/03/2012
|
2 Bed
|
1 Bath
|
840 ft²
|
$51,900
2 Bed
1 Bath
840 ft²
|
$51,000
-1.73%
12/18/2012
|
Larry Gagnon
Prestige Properties, LLC
| |
|
07/21/2011
|
2 Bed
|
1 Bath
|
840 ft²
|
$84,900
2 Bed
1 Bath
840 ft²
|
-
-
|
Mary Koontz-Daher
Weichert Realtors, Daher Companies
| |
|
08/14/2009
|
2 Bed
|
1 Bath
|
840 ft²
|
$89,900
2 Bed
1 Bath
840 ft²
|
-
-
|
The Howe Allen Group
revolv of Dartmouth
| |
|
03/17/2008
|
2 Bed
|
1 Bath
|
940 ft²
|
$98,900
2 Bed
1 Bath
940 ft²
|
$93,000
-5.97%
05/27/2008
|
Jorge Feliz
Ciccarelli Homes
| |
|
09/27/2006
|
2 Bed
|
1 Bath
|
840 ft²
|
$135,000
2 Bed
1 Bath
840 ft²
|
$127,500
-5.56%
04/03/2007
|
Stephen Lawrenson
Wilson Wolfe Real Estate
| |
|
09/08/2004
|
2 Bed
|
1 Bath
|
850 ft²
|
$148,500
2 Bed
1 Bath
850 ft²
|
$152,000
+2.36%
10/23/2004
|
Mark Cirignano
OmegaListings.com, Inc.
| |
|
02/04/2003
|
2 Bed
|
1 Bath
|
840 ft²
|
$99,900
2 Bed
1 Bath
840 ft²
|
$101,500
+1.60%
03/27/2003
|
Darshana Shah
LAER Realty Partners/Chelmsford
| |
|
03/05/1996
|
2 Bed
|
1 Bath
|
850 ft²
|
$32,900
2 Bed
1 Bath
850 ft²
|
$28,000
-14.89%
06/14/1996
|
Charles Doyle
RE/MAX Prestige
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017