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Lowell 01852 South Lowell
43 Berkeley Ave
$430,000
● House - Off Market

43 Berkeley Ave

Lowell, MA 01852
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,216 Ft²
$556,576
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Great New Price!! Don't miss this spacious Colonial in Belvidere   This home features the charm of yesteryears with many modern updates throughout. There are Harvey replacement windows throughout.  The kitchen has been updated with spacious dining area for entertaining with hardwood flooring and recess lighting.  The dining room features a wood burning fireplace with a new flue and cap and built-in hutch with hardwood flooring.  There are four spacious bedrooms with 2 full baths.  Detailed woodwork both inside and outside of home.  Hardwood floors, walk up attic for additional storage, laundry hookups in first floor bath, and beautiful fenced in yard with a patio area for entertaining outdoors.  Don't miss the wrap around porch complete with trek decking.  Close to major highways and shopping.
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$189
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1920

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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 #72736851)

Price History

Date / Event Date Event Price
Nov 24, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by EXIT Premier Real Estate $419,900
Listed by EXIT Premier Real Estate
Aug 8, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,183
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,007
  • Total Building Area: 2,216
  • Gross Building Area: 4,648
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOWELL & TEWKSBURY
  • Land Acres: 0000000207
  • 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: 312300

Zoning

  • Zoning: SSF

Geography

  • Account Number: S17610
  • Parcel: LOWE M:237 B:540 L:43
  • Block: 540
  • Lot: 43
  • Municipality: LOWELL
  • Latitude: 42.6306
  • Longitude: -71.2848

    Address

  • Full Address: 43 Berkeley Ave
  • Address - House Number: 43
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C097
  • 4-Digit Zip Code: 4901
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $590,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 592,426
  • High Value: 702,753
  • Low Value: 482,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,400
  • Assessed Land Value: $182,700
  • Assessed Improvements Value: $292,700

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60805
  • Previous Sale Recording Date: Aug 08, 2000
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 27
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 South Lowell

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$312

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2294 ft²

Average Home Age

74.2 years

Currently For Sale

19 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 years ago
Data Source: MLS PIN, MLS# 72736851

Frequently Asked Questions

When was property at 43 Berkeley Avenue built and last sold?
The property at 43 Berkeley Avenue was built in 1920 and last sold on Nov 19, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 43 Berkeley Avenue is $0.
What are some comparable homes to 43 Berkeley Avenue?
There are currently no comparable homes to 43 Berkeley Avenue.
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