For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lowell 01852 Belvidere
416 Butman Rd
$515,000
● House - Off Market

416 Butman Rd

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,436 Ft²
$2,816
Est. Monthly

About This Property

Welcome home to this beautiful, newly renovated inside and out home in the coveted Belvedere neighborhood. This home has 3 bedrooms, 1 bath, and an open floor plan that invites you into a spacious kitchen with granite countertops wonderful for cooking and entertaining. You can't help but admire the gleaming hardwood floors, recessed lighting, and stainless steel appliances. Downstairs is a welcoming family room with additional expansion possibilities. Enjoy the central air that this home provides, but also step outside to enjoy the weather with an outdoor deck and fenced backyard. Conveniently located near major highways, shopping and dining, this home is waiting for you!
Unit Size
1,436 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$341
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1968

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #73190131)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Jan 8, 2024 In contract -
In contract
Jan 3, 2024 Listed by Coldwell Banker Realty - Boston $490,000
Listed by Coldwell Banker Realty - Boston
Aug 8, 2016 Sold
Premium
Sold
May 17, 2016 Listed by Coldwell Banker Realty - Boston $312,900
Listed by Coldwell Banker Realty - Boston
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 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: 916
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,600
  • Total Building Area: 1,098
  • Gross Building Area: 1,984
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 312502

Zoning

  • Zoning: SSF

Geography

  • Account Number: M00685
  • Parcel: LOWE M:252 B:920 L:416
  • Block: 920
  • Lot: 416
  • Municipality: LOWELL
  • Latitude: 42.6334
  • Longitude: -71.2812

    Address

  • Full Address: 416 Butman Rd
  • Address - House Number: 416
  • Address - Street Name: Butman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lowell
  • Carrier Code: C085
  • 4-Digit Zip Code: 4308
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $491,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 502,977
  • High Value: 541,903
  • Low Value: 464,051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,000
  • Assessed Land Value: $154,300
  • Assessed Improvements Value: $241,700

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4339
  • Previous Sale Recording Date: Aug 08, 2016
  • Previous Sale Amount: $312,900
  • 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 Belvidere

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$328

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2189 ft²

Average Home Age

98.9 years

Currently For Sale

27 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# 73190131

Frequently Asked Questions

When was property at 416 Butman Road built and last sold?
The property at 416 Butman Road was built in 1968 and last sold on Feb 21, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 416 Butman Road is $488,901.
What are some comparable homes to 416 Butman Road?
There are currently no comparable homes to 416 Butman Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Lowell Homes for Sale
Lowell Houses for Sale
Lowell Condos for Sale
Lowell Co-Ops for Sale
Lowell Townhouses for Sale
Lowell Multifamily for Sale
Lowell Land for Sale
Lowell Commercial for Sale
Nearby Cities
Lawrence Homes for Sale
Wilmington Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Hillsborough County, NH Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Worcester County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Arlington Real Estate
Mount Vernon Real Estate
Nearby Counties
Lawrence Homes for Sale
Chelmsford Homes for Sale
Andover Homes for Sale
Billerica Homes for Sale
Dracut Homes for Sale
Tewksbury Homes for Sale
Westford Homes for Sale
Wilmington Homes for Sale
Top Real Estate Agents
Top Agents in Belvidere
Top Agents in Lowell
Top Agents in 01844
Top Agents in Lawrence
Top Agents in Lawrence
Top Agents in Chelmsford
Top Agents in Andover
Top Agents in 01810