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Lowell 01854 Pawtucketville
41 Luz Drive
$342,713
● House - Off Market

41 Luz Drive

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,114 Ft²
$433,435
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

A great beginning to build up equity. Wonderful Pawtucketville neighborhood.. Great potential with sweat equity.  3 bedrooms, 1 bath, garage under and spacious back yard.  Needs updating but worth the effort. Walls and ceilings have been primed and are ready for your paint choices. Hardwood in all rooms except kitchen, bath  and basement room. Vintage kitchen and bath. Original heating and windows. Hot water tank 10 years of age. Basement room is framed with paneling. This is a home you can live in while updating. Rear yard abuts Grey Nuns of the Cross Property.   Viewings by appointment only.  Masks are to be work at all times.  No open house planned at the present time.
Unit Size
1,114 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$296
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1968

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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 #72764122)

Price History

Date / Event Date Event Price
Dec 31, 2020 Sold
Premium
Sold
Dec 4, 2020 Listed by LAER Realty Partners $329,900
Listed by LAER Realty Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,813
  • Total Building Area: 1,114
  • Gross Building Area: 2,015
  • Building Area: 1,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,114
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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: F04745
  • Parcel: LOWE M:29 B:3765 L:41
  • Block: 3765
  • Lot: 41
  • Municipality: LOWELL
  • Latitude: 42.6483
  • Longitude: -71.3643

    Address

  • Full Address: 41 Luz Dr
  • Address - House Number: 41
  • Address - Street Name: Luz
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 1219
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 439,669
  • High Value: 521,537
  • Low Value: 357,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,100
  • Assessed Land Value: $132,700
  • Assessed Improvements Value: $221,400

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69132
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

1660 ft²

Average Home Age

71.6 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72764122

Frequently Asked Questions

When was property at 41 Luz Drive built and last sold?
The property at 41 Luz Drive was built in 1968 and last sold on Dec 21, 2020 for $342,761.
How much is this home worth?
The estimated value of the home located at 41 Luz Drive is $337,154.
What are some comparable homes to 41 Luz Drive?
There are currently no comparable homes to 41 Luz Drive.
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