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Lowell 01854 Pawtucketville
415 Varnum Ave
$401,000
● House - Off Market

415 Varnum Ave

Lowell, MA 01854
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,823 Ft²
$422,119
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

New price on this oversized Cape in a great Pawtucketville location with over 2,800+ S.F. of living space. Mostly large spacious rooms, bring your vision, this could really be a gem with some updates. There are 6 rooms on the main level, with great flow, and ideal for entertaining. Also, at the rear of the property is a 4-season room with tons of windows overlooking the rear yard.  The 2nd level offers 3 bedrooms with a very large primary bedroom, a full bath, and an additional room that could be converted into a primary bath, or walk-in closet. Two heating systems, gas. The main level has mostly hardwood floors under the carpeting.  With some sweat equity, this large house could be your home!    Being sold "as is".
Unit Size
2,823 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$142
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1920

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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 #72980742)

Price History

Date / Event Date Event Price
Nov 8, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $399,999
Relisted
Sep 25, 2022 In contract -
In contract
May 12, 2022 Listed by Keller Williams Realty-Merrimack $399,999
Listed by Keller Williams Realty-Merrimack

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,160
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,776
  • Total Building Area: 2,823
  • Gross Building Area: 3,601
  • Building Area: 2,823
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,823
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000316
  • 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: 310602

Zoning

  • Zoning: SSF

Geography

  • Account Number: L07090
  • Parcel: LOWE M:69 B:5880 L:415
  • Block: 5880
  • Lot: 415
  • Municipality: LOWELL
  • Latitude: 42.6457
  • Longitude: -71.3455

    Address

  • Full Address: 415 Varnum Ave
  • Address - House Number: 415
  • Address - Street Name: Varnum
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C028
  • 4-Digit Zip Code: 2121
  • Zip Code: 01854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 571,867
  • High Value: 678,402
  • Low Value: 465,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,600
  • Assessed Land Value: $150,200
  • Assessed Improvements Value: $283,400

    Sales

  • Current Sale Contract Date: Nov 08, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45969
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:

$524,950

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1582 ft²

Average Home Age

68 years

Currently For Sale

24 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# 72980742

Frequently Asked Questions

When was property at 415 Varnum Avenue built and last sold?
The property at 415 Varnum Avenue was built in 1920 and last sold on Nov 8, 2022 for $401,000.
How much is this home worth?
The estimated value of the home located at 415 Varnum Avenue is $433,473.
What are some comparable homes to 415 Varnum Avenue?
There are currently no comparable homes to 415 Varnum Avenue.
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