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Lowell 01850 Centralville
41 Riverside Ave
$239,000
● House - Off Market

41 Riverside Ave

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$340,365
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Lowell-Adorable Colonial style home with open floor plan on first floor.  The full bath is on first floor which also has laundry hookup.  The second floor offers three good size bedrooms. The master bedroom has its own stair case.  There is a cute low maintenance yard complete with patio.  Close to Lowell high school, Tsongas arena and so much more. Great condo alternative.  Off street parking $225,000.         All appliances stay.     First showing June 9th  Open House  11:00-1:00.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$180
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1925

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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 #72339201)

Price History

Date / Event Date Event Price
Aug 13, 2018 Sold
Premium
Sold
Jun 4, 2018 Listed by Pelletier Realty, Inc. $225,000
Listed by Pelletier Realty, Inc.
Feb 12, 2016 Sold
Premium
Sold
Oct 26, 2015 Listed by Pelletier Realty, Inc. $139,900
Listed by Pelletier Realty, Inc.
Jun 30, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 15
  • 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: 7
  • Basement Area: 680
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,786
  • Total Building Area: 1,248
  • Gross Building Area: 2,082
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • 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: 310400

Zoning

  • Zoning: USF

Geography

  • Account Number: M18220
  • Parcel: LOWE M:156 B:4975 L:41
  • Block: 4975
  • Lot: 41
  • Municipality: LOWELL
  • Latitude: 42.6532
  • Longitude: -71.3097

    Address

  • Full Address: 41 Riverside Ave
  • Address - House Number: 41
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C005
  • 4-Digit Zip Code: 1948
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 393,434
  • High Value: 457,405
  • Low Value: 329,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,500
  • Assessed Land Value: $89,700
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34924
  • Previous Sale Recording Date: Feb 12, 2016
  • Previous Sale Amount: $135,000
  • 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 Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$299

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2075 ft²

Average Home Age

98.4 years

Currently For Sale

26 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# 72339201

Frequently Asked Questions

When was property at 41 Riverside Avenue built and last sold?
The property at 41 Riverside Avenue was built in 1925 and last sold on Jan 1, 1970 for $237,500.
How much is this home worth?
The estimated value of the home located at 41 Riverside Avenue is $233,554.
What are some comparable homes to 41 Riverside Avenue?
There are currently no comparable homes to 41 Riverside Avenue.
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